$275,000 Price Analysis    ♡   Philadelphia, PA 19104 Unknown bed 0 bath unknown SqFt ($0/SqFt) 1,552SqFt lot. Listed 2023-08-22, Taxes $2,229 | Ⓧ USDA Ineligible due to property near Philadelphia |
Property Details
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 xpansive lot offers unlimited possibilities for a lucrative real estate ventur e. 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.
Presented by Joseph Loonstyn at
Keller Williams Main Line Realty.
Property MLS #PAPH2270576 from BrightMLS
Lot Size Square Feet: 1551
Calculated Total Monthly Association Fees: 0
Map directions Map directions Map directionsSource Listing Status: Active
County: PHILADELPHIA
Current Use: Land/Lot Only
Ownership: Fee Simple
Source Property Type: Land
Area: PHILADELPHIA
Source Neighborhood: SQUIRREL HILL
Subdivision: SQUIRREL HILL
Township: PHILADELPHIA
Property Subtype: Land
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2023 | $127,440 + $31,860 $159,300 | $2,229 |
| 2022 | $86,899 + $42,801 $129,700 | $1,815 |
| 2021 | $86,899 + $42,801 $129,700 | $1,815 |
| 2020 | $86,899 + $42,801 $129,700 | $1,815 |
| 2019 | $75,710 + $37,290 $113,000 | $1,581 |
| 2018 | $66,933 + $32,967 $99,900 | $1,398 |
| 2017 | $66,933 + $32,967 $99,900 | $1,398 |
| 2016 | $71,292 + $28,608 $99,900 | $1,398 |
| 2015 | $71,292 + $28,608 $99,900 | $1,338 |
| 2014 | $71,292 + $28,608 $99,900 | $1,338 |
| 2013 | $11,765 + $3,915 $15,680 | $1,532 |
| 2012 | $11,765 + $3,915 $15,680 | $1,478 |
| 2011 | $11,765 + $3,915 $15,680 | $1,424 |
| 2010 | $11,765 + $3,915 $15,680 | $1,295 |
| 2009 | $11,765 + $3,915 $15,680 | $1,295 |
| 2009 | $11,765 + $3,915 $15,680 | $1,295 |
$275,000
BrightMLS
Listing removed 2017-02-09
$1,100
AppfolioUnits
Listed for rent 2016-11-12
$1,100
AppfolioUnits
 |  |  | ||
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.