Thank you
Jay Kamin
Brickmatics
610-764-5315
For Sale: Prime 3+ Acre Property with RSD-1 Zoning Please note : No Zoning information herein should be taken as fact, and any potential buyer is encouraged to seek counsel from a qualified zoning attorney as to the legal permissibility of any and all construction activities on or to the subject improvements and lot. This expansive property offers an exceptional opportunity for developers or investors seeking a lucrative venture. Boasting RSD-1 Zoning, the parcel permits the construction of 10 single-family detached homes with street frontage without the need for variances, though the buyer should seek counsel from a qualified zoning attorney confirm the legal permissibility any development activity. Per the seller's interpretation of the code (see attached document from licensed architect) the land is ready for immediate subdivision and development, allowing builders to commence construction without hurdles. Additionally, the property features a currently rented single-family home with detached 3 car garage as well as a separate workshop generating $2500/month on a month to month lease. This existing structure can either continue generating income for the new owner or can be delivered vacant. Ideal for those looking to capitalize on residential development in a sought-after area, this property presents a blend of immediate income potential and significant future development possibilities.
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Water Source : Well
Sewer: On Site Septic
Lot Size: 147,306
Dimensions: 509.00 x 328.00
Lot Size (Acres): 3.38
Main Square Feet: 147,306
Total Lot SQ ft: 147,306
Appx. Lot Dimensions: 509.00 x 328.00
Total Acreage: 3.38
Possession: Immediate
Days Of Market: 173
Annual Tax: $7,001
Tax Year: 2023
Total Taxes Payment Frequency: Annually
Immediate
Taxes Assessment Amount: $500,200
Direction: Pine Rd and Shady Lane
School District: THE SCHOOL DISTRICT OF PHILADELPHIA
Water Source: Well
Sewer: On Site Septic
Direction: Pine Rd and Shady Lane
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
1409 Greeby , Philadelphia, PA,19111 | $139,900 | 3 | 1.5 | -- | 1215 Sqft |
1016 Cottman Avenue , Philadelphia, PA,19111 | $1,680,000 | -- | -- | -- | 8750 Sqft |
7352 Dungan Road , Philadelphia, PA,19111 | $410,000 | -- | -- | 1,320 | 2706 Sqft |
7912 Loretto Avenue , Philadelphia, PA,19111 | $184,900 | -- | -- | 3,373 | 3373 Sqft |
6724 Kerper Place , Philadelphia, PA,19111 | $3,000,000 | -- | -- | 131,116 | 131115.6 Sqft |
8024 Pine Road , Philadelphia, PA,19111 | $299,000 | 5 | 3 | -- | 3404 Sqft |
7204 & 7204 A Lawndale .., Philadelphia, PA,19111 | $59,000 | -- | -- | 3,163 | 3163 Sqft |
721 Levick Street , Philadelphia, PA,19111 | $50,000 | -- | -- | 2,875 | 2875 Sqft |
1211 Cottman Avenue , Philadelphia, PA,19111 | $349,999 | -- | -- | 1,934 | 4013 Sqft |
725 Rhawn Street , Philadelphia, PA,19111 | $340,000 | 2 | 3.0 | 1,512 | 2402 Sqft |
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ByOwner last updated this listing 05/21/2024 @ 02:01
MLS: PAPH2300998
LISTED BY: Jay Kamin , Brickmatics
SOURCE: BRIGHT MLS
Buyer Agency Compensation: 2.5%
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.