UPDATED:
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
Subdivision North Central
MLS Listing ID PAPH2463120
HOA Y/N N
Originating Board BRIGHT
Annual Tax Amount $1,248
Tax Year 2024
Lot Size 1,700 Sqft
Acres 0.04
Lot Dimensions 17.00 x 100.00
Property Sub-Type Land
Property Description
The site is fully prepared for construction, allowing for a quick start. All necessary plans and permits for a triplex are ready, speeding up the development process. The site has an established rooming house license, providing more rental options and income potential. The plans were created by HDO Architecture and Fidelis Engineering, Inc., featuring modern designs for today's renters.
Once construction is complete, you can expect monthly cash flows of approximately $7,500. Additionally, comparable new constructions are selling for $850,000 or more, giving you the option to do a cash-out refinance.
Don't miss this chance to invest in a location with significant growth potential. Contact us today to learn more about this triplex development and start your journey towards property ownership!
Location
State PA
County Philadelphia
Area 19121 (19121)
Zoning RM1
Exterior
Water Access N
Garage N
Building
Sewer Public Sewer
Water Public
Schools
School District Philadelphia City
Others
Tax ID 321200000
Ownership Fee Simple
SqFt Source Assessor
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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