• 2602 S 60th Street PHILADELPHIA, PA 19142

  • $49,000
  • 1,152
    Sq Ft
  • 1152
    Sqft

In the midst of Philadelphia's thriving real estate market, a rare opportunity awaits for savvy investors and developers: a multifamily vacant lot large enough for a 3 unit apartment. This parcel of land presents a blank canvas for creating a lucrative multifamily property. With its proximity to public transportation, local amenities, and thriving commercial corridors, this lot is poised to yield a significant return on investment. Imagine a modern apartment complex, complete with sleek amenities and Energy Star-rated appliances, rising from the ground to cater to the city's growing demand for quality housing. By capitalizing on this vacant lot, entrepreneurs can unlock the potential for a lucrative rental income stream, while also contributing to the revitalization of Philadelphia's urban landscape. RM1 zoned. Selling as-is and cash only.

Property Type :

Land

Subdivision :

Philadelphia (southwest)

County :

PHILADELPHIA

Style :

Land

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Property Details

 

Water/Sewer

Water Source : Public

Utility Features

Sewer: Public Sewer

Lot Information

Lot Size: 1,152

Dimensions: 16.00 x 72.00

Lot Size (Acres): 0.03

Main Square Feet: 1,152

Property Information

Total Lot SQ ft: 1,152

Subdivision: PHILADELPHIA (SOUTHWEST)

Financing: Cash

Appx. Lot Dimensions: 16.00 x 72.00

Total Acreage: 0.03

Listing Information

Possession: Settlement

Days Of Market: 12

Tax Information

Annual Tax: $254

Tax Year: 2023

Total Taxes Payment Frequency: Annually

Possession

Settlement

Assessment Information

Taxes Assessment Amount: $18,200

Multi-Unit Information

Acceptable Financing: Cash

Homeowners Association Information

Direction: gps

School Information

School District: PHILADELPHIA CITY

Utility Information

Water Source: Public

Sewer: Public Sewer

Location Information

Direction: gps

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
6706 Woodland Avenue , Philadelphia, PA,19142 $199,000 -- -- -- 1132 Sqft
6308 Chester Avenue , Philadelphia, PA,19142 $79,999 -- -- -- 1168 Sqft
2034 S 61st Street , Philadelphia, PA,19142 $95,000 -- -- 1,231 1231 Sqft
7129 Grays Avenue , Philadelphia, PA,19142 $560,000 1 1.0 910 5267 Sqft
7036 Greenway Avenue , Philadelphia, PA,19142 $50,000 -- -- 2,007 2007 Sqft
7038 Greenway Avenue , Philadelphia, PA,19142 $50,000 -- -- 2,007 2007 Sqft
6901 Greenway Avenue , Philadelphia, PA,19142 $25,000 -- -- 396 396 Acres
6151 Reedland Street , Philadelphia, PA,19142 $124,999 3 1.0 1,092 937 Sqft
6148 Reedland Street , Philadelphia, PA,19142 $109,900 3 1.0 -- 992 Sqft
6600 Woodland Avenue , Philadelphia, PA,19142 $570,000 -- -- 3,140 1808 Sqft

Data provided by Bright MLS. Property information is for the users personal, non-commercial use. Information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties that appear on the website may no longer be for sale, and may be under contract or sold. ©2024 Bright MLS, All Rights Reserved. Information is reliable but not guaranteed.

ByOwner last updated this listing 05/29/2024 @ 22:23

MLS: PAPH2352148
LISTED BY: Levent S Ulusal , Meta Realty, LLC
SOURCE: BRIGHT MLS
Buyer Agency Compensation: $1,000
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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