Description
Shovel ready , shovel ready , shovel ready !! welcome to one of the life time opportunity to start 7 unit apartment right by drexel and upenn campus. the location is booming. there are multiple new construction on the same block with established rental market. great location for rental market. ! the project is fully approved for 7 unit and will delivered with all approved plans and permits as well as applied 10 years tax abatement. the units breakdown are as follows:
3 - 3 bedroom and 2 bath
1 - 3 bedroom and 3 bath
1- 4 bedroom and 4 bath
1- 2 bedroom and 2 bath
1- 1 bedroom and 1 bath
expected rental income is 800-850$ per room which makes 16150 + per month. this money machine is waiting for its new builder to make it live. please drive by and make and offer. you will not be disappointed!!.
b.s: approved plan is attached on mls
Property Type
LandCounty
PHILADELPHIAStyle
LandAD ID
48827053
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Property Details
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Interior Features
Water/Sewer
- Water Source : Public
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Exterior Features
Utility Features
- Sewer: Public Sewer
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Property / Lot Details
Lot Information
- Lot Size: 3,114
- Dimensions: 18.00 x 171.00
- Lot Size (Acres): 0.07
- Main Square Feet: 3,114
Property Information
- Total Lot SQ ft: 3,114
- Appx. Lot Dimensions: 18.00 x 171.00
- Total Acreage: 0.07
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Listing Information
Listing Information
- Possession: Immediate
- Days Of Market: 52
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Taxes / Assessments
Tax Information
- Annual Tax: $2,957
- Tax Year: 2023
- Total Taxes Payment Frequency: Annually
Possession
- Immediate
Assessment Information
- Taxes Assessment Amount: $211,300
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Homeowners Association Information
- Direction: GPS
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School, Utilities & Location Details
School Information
- School District: THE SCHOOL DISTRICT OF PHILADELPHIA
Utility Information
- Water Source: Public
- Sewer: Public Sewer
Location Information
- Direction: GPS
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BuyOwner last updated this listing 04/24/2025 @ 13:29
- MLS: PAPH2452116
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: BRIGHT MLS
is a Land, with 0 bedrooms which is for sale, it has 3,114 sqft, 3,114 sized lot, and 0 parking. are nearby neighborhoods.