$49,000 Price Analysis    ♡   Philadelphia, PA 19142 Unknown bed 0 bath unknown SqFt ($0/SqFt) 1,152SqFt lot. Listed 2024-05-08, Taxes $254 | Ⓧ USDA Ineligible due to property near Philadelphia |
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 strem, while also contributing to the revitalization of Philadelphia's urban landscape. RM1 zoned. Selling as-is and cash only.
Presented by Levent Ulusal at
Meta Realty, LLC.
Property MLS #PAPH2352148 from BrightMLS
Lot Size Square Feet: 1152
Calculated Total Monthly Association Fees: 0
Map directions Map directions Map directions Map directionsSource Listing Status: Active
County: PHILADELPHIA
Current Use: Vacant
Ownership: Fee Simple
Source Property Type: Land
Area: PHILADELPHIA
Source Neighborhood: PHILADELPHIA (SOUTHWEST)
Subdivision: PHILADELPHIA (SOUTHWEST)
Township: PHILADELPHIA
Property Subtype: Land
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2023 | $unknown + $18,200 $18,200 | $254 |
| 2022 | $unknown + $10,000 $10,000 | $139 |
| 2021 | $unknown + $10,000 $10,000 | $139 |
| 2020 | $unknown + $10,000 $10,000 | $139 |
| 2019 | $unknown + $10,000 $10,000 | $139 |
| 2018 | $unknown + $10,000 $10,000 | $139 |
| 2017 | $unknown + $10,000 $10,000 | $139 |
| 2016 | $unknown + $5,700 $5,700 | $79 |
| 2015 | $unknown + $5,700 $5,700 | $76 |
| 2014 | $unknown + $5,700 $5,700 | $76 |
| 2013 | $unknown + $1,184 $1,184 | $115 |
| 2012 | $unknown + $1,184 $1,184 | $111 |
| 2011 | $unknown + $1,184 $1,184 | $107 |
| 2010 | $unknown + $1,184 $1,184 | $97 |
| 2009 | $unknown + $1,184 $1,184 | $97 |
| 2009 | $unknown + $1,184 $1,184 | $97 |
$49,000
BrightMLS
Listing removed 2023-06-02
$0
BrightMLS
Listed 2022-12-08
$59,000
BrightMLS
Sold 2022-02-18
$20,000
BrightMLS
Listing removed 2021-08-02
$0
BrightMLS
Listed 2021-08-02
$25,000
BrightMLS
Listed 2021-06-07
$40,000
BrightMLS
Listing removed 2021-05-29
$0
BrightMLS
Listed 2021-05-24
$65,000
BrightMLS
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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.