• 423 N 60th Street PHILADELPHIA, PA 19151

  • $59,000
  • 1,216
    Sq Ft
  • 1216
    Sqft

A rare opportunity awaits for savvy investors and developers: a multifamily vacant lot located in a prime neighborhood, 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, rising from the ground to cater to the city's growing demand for quality housing. By capitalizing on this 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, 16 ft wide, 3+ units allowed per zoning. Selling as-is, cash only.

Property Type :

Land

County :

PHILADELPHIA

Style :

Land

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Property Details

 

Water/Sewer

Water Source : Public

Utility Features

Sewer: Public Sewer

Lot Information

Lot Size: 1,216

Dimensions: 16.00 x 76.00

Lot Size (Acres): 0.03

Main Square Feet: 1,216

Property Information

Total Lot SQ ft: 1,216

Financing: Cash

Appx. Lot Dimensions: 16.00 x 76.00

Total Acreage: 0.03

Listing Information

Possession: Settlement

Days Of Market: 13

Lease Information

Lease Considered: No

Tax Information

Annual Tax: $390

Tax Year: 2023

Total Taxes Payment Frequency: Annually

Possession

Settlement

Assessment Information

Taxes Assessment Amount: $27,900

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
1656 N 59th Street , Philadelphia, PA,19151 $27,900 -- -- 1,477 1477 Sqft
1420 N 61st Street , Philadelphia, PA,19151 $225,000 -- -- 2,950 2950 Sqft
5926 Master Street , Philadelphia, PA,19151 $125,000 -- -- 1,913 1913 Sqft
1545 N Robinson Street , Philadelphia, PA,19151 $105,000 -- -- 1,872 1872 Sqft
1621 N 61st Street , Philadelphia, PA,19151 $45,000 -- -- 1,350 1350 Sqft
537 N 64th Street , Philadelphia, PA,19151 $509,000 -- -- 1,760 3732 Sqft
6618 Malvern , Philadelphia, PA,19151 $185,000 3 1.5 1,246 1440 Sqft
6386 Sherwood Road , Philadelphia, PA,19151 $350,000 6 2.5 2,804 6300 Sqft
6112 W Jefferson Street , Philadelphia, PA,19151 $248,000 6 2.0 1,536 2153 Sqft
6131 Master Street , Philadelphia, PA,19151 $89,900 2 1.0 965 735 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 05/19/2024 @ 04:49

MLS: PAPH2351608
LISTED BY: Levent S Ulusal , Meta Realty, LLC
SOURCE: BRIGHT MLS
Buyer Agency Compensation: 3%
Buyer Agency Description: MLS members only, 3% or $1000 whichever is more

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