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Listed by Joseph M. Loonstyn Jr. • Scope Commercial Real Estate Services, Inc.
$ 275,000
Est. payment | /mo
1,552 Sqft Lot
$ 275,000
Est. payment | /mo
1,552 Sqft Lot
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
Subdivision Squirrel Hill
MLS Listing ID PAPH2270576
HOA Y/N N
Originating Board BRIGHT
Annual Tax Amount $5,078
Tax Year 2024
Lot Size 1,552 Sqft
Acres 0.04
Lot Dimensions 16.00 x 97.00
Property Sub-Type Land
Property Description
Introducing an exceptional opportunity for visionary investors and developers to acquire a strategically located plot of land with RM1 Zoning in the highly sought-after neighborhood of University City. Situated in close proximity to Clark Park, Saint Joseph's University, Baltimore Avenue, and the vibrant University City district, this expansive lot offers endless possibilities for a lucrative real estate venture.
Key Features:
Location: Nestled in a thriving community, this plot of land is conveniently situated near Clark Park, providing residents with a serene oasis and recreational opportunities right at their doorstep. The proximity to Saint Joseph's University and the lively Baltimore Avenue guarantees a steady stream of potential tenants or buyers.
Zoning Advantage: Boasting RM1 Zoning, this property presents a unique opportunity to build up to 7 units by right. The potential for multiple units opens up a variety of development options, including condos, apartments, or even townhomes, catering to the diverse needs of the market.
Expansion Potential: An adjacent plot of land with similar attributes is also available for purchase, creating the possibility for a combined development project. Imagine the advantage of maximizing your investment by seamlessly merging these lots to create a larger, more impactful development.
Soil Test Performed: With a comprehensive soil test already conducted, you can move forward with your development plans confidently and efficiently. This invaluable information ensures a smooth construction process, saving you time and resources.
Seize the opportunity to transform this blank canvas into a vibrant community hub or a lucrative income-generating asset. With the ideal location, zoning advantage, and the potential for expansion, these lots offer a remarkable chance to leave your mark on a rapidly growing neighborhood.
Key Features:
Location: Nestled in a thriving community, this plot of land is conveniently situated near Clark Park, providing residents with a serene oasis and recreational opportunities right at their doorstep. The proximity to Saint Joseph's University and the lively Baltimore Avenue guarantees a steady stream of potential tenants or buyers.
Zoning Advantage: Boasting RM1 Zoning, this property presents a unique opportunity to build up to 7 units by right. The potential for multiple units opens up a variety of development options, including condos, apartments, or even townhomes, catering to the diverse needs of the market.
Expansion Potential: An adjacent plot of land with similar attributes is also available for purchase, creating the possibility for a combined development project. Imagine the advantage of maximizing your investment by seamlessly merging these lots to create a larger, more impactful development.
Soil Test Performed: With a comprehensive soil test already conducted, you can move forward with your development plans confidently and efficiently. This invaluable information ensures a smooth construction process, saving you time and resources.
Seize the opportunity to transform this blank canvas into a vibrant community hub or a lucrative income-generating asset. With the ideal location, zoning advantage, and the potential for expansion, these lots offer a remarkable chance to leave your mark on a rapidly growing neighborhood.
Location
State PA
County Philadelphia
Area 19104 (19104)
Exterior
Water Access N
Garage N
Building
Sewer Public Hook/Up Avail
Water Public
Schools
School District The School District Of Philadelphia
Others
Tax ID 272148900
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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