UPDATED:
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID PAPH2425670
HOA Y/N N
Annual Tax Amount $99
Tax Year 2025
Lot Size 565 Sqft
Acres 0.01
Lot Dimensions 16.00 x 35.00
Property Sub-Type Land
Source BRIGHT
Property Description
Developers and investors, turn your attention to this 16 Ft x 35 Ft vacant lot, situated in the vibrant East Germantown neighborhood. This fantastic opportunity is nestled on a well-loved residential block and awaits your visionary touch.
Zoned RM-1 (Residential Multifamily), the lot offers you the chance to construct a multifamily dwelling that complements the area's unique blend of historical charm and contemporary convenience.
A highlight of this property is its strategic location. The convenience of public transit is merely a short walk away with several Septa bus stops in the vicinity. You'll also find numerous casual restaurants nearby, adding to the appeal for future residents seeking a diverse and vibrant local food scene.
Essential amenities like grocery stores are within a comfortable walking distance, ensuring easy access for daily needs. Furthermore, the property is less than 1/2 mile from LaSalle University, bringing many of the university's amenities close to hand, including cultural events, learning opportunities, and more.
Picture creating a multifamily home that caters to a broad spectrum of potential residents – from university staff and students to families and professionals. Given the site's zoning and the surrounding community's needs, this lot represents a promising investment opportunity.
Whether you're a seasoned investor or a new builder looking to make an impact, 961 E Locust Ave presents a great opportunity for a successful real estate venture. Don't miss your chance to add this asset to your portfolio. Make your mark in East Germantown today!
Location
State PA
County Philadelphia
Area 19138 (19138)
Zoning RM1
Exterior
Water Access N
View City, Street
Garage N
Building
Sewer Public Sewer
Water Public
Schools
School District The School District Of Philadelphia
Others
Tax ID 122079100
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash
Horse Property N
Listing Terms Cash
Financing Cash
Special Listing Condition Standard
"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. "
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