PA > Philadelphia > Mantua
Philadelphia, PA 19104,802 N PRESTON ST
Philadelphia, PA 19104,802 N PRESTON ST
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Simone Velvel

Simone Velvel

+1(703) 507-7614
$60,000
Est. payment /mo
1,238 Sqft Lot
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UPDATED:

11/14/2024 12:54 PM

Key Details

Property Type Vacant Land

Sub Type Land

Listing Status Pending

Purchase Type For Sale

Subdivision Mantua

MLS Listing ID PAPH2376674

HOA Y/N N

Originating Board BRIGHT

Annual Tax Amount $319

Tax Year 2023

Lot Size 1,238 Sqft

Acres 0.03

Lot Dimensions 17.00 x 75.00

Property Description

This vacant lot at 802 N Preston Street presents an excellent development opportunity in Philadelphia's rapidly evolving Mantua neighborhood. The property's RM1 zoning allows for the construction of a multi-family building with up to four units, offering developers flexibility in design and unit mix.
Situated in an area experiencing substantial new construction, this lot is well-positioned to capitalize on the neighborhood's growth and increasing desirability. The projected After Repair Value (ARV) of $750,000 to $800,000 for a completed project reflects the strong market potential in this location.
For investors and developers seeking to enter or expand their presence in a transforming Philadelphia neighborhood, this lot offers the chance to create a custom-built property tailored to current market demands.

Location

State PA

County Philadelphia

Area 19104 (19104)

Zoning RM1

Exterior

Water Access N

Garage N

Building

Sewer Public Sewer

Water Public

Schools

School District The School District Of Philadelphia

Others

Tax ID 062239350

Ownership Fee Simple

SqFt Source Estimated

Acceptable Financing Cash, Private

Listing Terms Cash, Private

Financing Cash,Private

Special Listing Condition Standard

Read Less Info
Bright MLS (BMLS)
Listed by Shaheedah A Tinsley-Cobbs • Realty ONE Group Focus
agent-avatar

"Simone's passion for real estate and her love for "The DMV" are a perfect match. She has made it her mission to help local residents sell their homes quickly and at the best possible prices. Equally, she takes immense pride in assisting homebuyers in finding their perfect piece of paradise in DC, Maryland and Virginia. "

+1(703) 507-7614

simone@thevelvelgroup.com

11003 Glueck Lane, Kensington, Maryland, 20895, USA

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802 N PRESTON ST

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