Description
Plan approved! $250k+ projected income per year!
this prime rm1-zoned corner property, spanning a rare 0.09-acre lot (42 ft x 94 ft), comes with zoning approval and plans for a 4-story building featuring approximately 4,000 sq. ft. per floor, 36 suites, and 2-car garage parking. with potential annual rental income exceeding $250,000+ and a post-completion value estimated at over $2.5m based on surrounding comps, this is a standout investment opportunity. suites are projected to rent for $650–$750 per month, making this property ideal for student housing or traditional rentals in one of philadelphia’s fastest-growing areas. surrounded by exciting new developments, this property offers a rare chance to capitalize on the booming temple university market. zoning permits and building plans are ready, and while the property is currently tenant-occupied, the tenant will be vacated before settlement. don’t miss this lucrative opportunity!
Property Type
Multi-FamilyCounty
PHILADELPHIAStyle
ColonialAD ID
48382747
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
Heating & Cooling
- Cooling: Central A/C
- Heating: Central
- Cooling Fuel: Electric
- Heating Fuel: Natural Gas
-
Exterior Features
Building Information
- Year Built: 2003
- Structure: Detached
- New Construction: No
- Total Units: 1
- Built: 2003
- Construction Material: Masonry
- Foundation/Basement: Concrete Perimeter
- Architecture: Colonial
- Pool/Private: No Pool
Pool Information
- Pool: No Pool
Utility Features
- Sewer: Public Sewer
Water
- Water Heat: Electric
-
Property / Lot Details
Lot Information
- Lot Size: 3,958
- Dimensions: 42.00 x 95.00
- Lot Size (Acres): 0.09
- Architectural Style: Colonial
- Main Square Feet: 3,958
Property Information
- SQ ft: 1,936
- SQ ft (Living Area): 1,936
- Total Lot SQ ft: 3,958
- Financing: Cash,FHA,FHA 203(k),Conventional
- Appx. Lot Dimensions: 42.00 x 95.00
- Total Acreage: 0.09
- New Construction: No
- Type: Colonial
-
Listing Information
Listing Information
- Possession: 0-30 Days CD,31-60 Days CD,61-90 Days CD
- Days Of Market: 8
-
Taxes / Assessments
Tax Information
- Annual Tax: $3,764
- Tax Year: 2025
- Total Taxes Payment Frequency: Annually
Possession
- 0-30 Days CD,31-60 Days CD,61-90 Days CD
Assessment Information
- Taxes Assessment Amount: $268,900
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Virtual Tour
Parking Information
- Garage: 2
- Garage Type: Garage - Side Entry
- Parking Type: Attached Garage
Multi-Unit Information
- Acceptable Financing: Cash,FHA,FHA 203(k),Conventional
Homeowners Association Information
- Direction: North of 19th st, turn right into Jefferson St, and your destination of your left.
-
School, Utilities & Location Details
School Information
- School District: PHILADELPHIA CITY
Utility Information
- Water Source: Public
- Sewer: Public Sewer
- Cooling Fuel: Electric
- Heating Fuel: Natural Gas
- Hot Water: Electric
Location Information
- Direction: North of 19th st, turn right into Jefferson St, and your destination of your left.
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BuyOwner last updated this listing 01/29/2025 @ 13:38
- MLS: PAPH2436302
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: BRIGHT MLS
is a Other, with 0 bedrooms which is for sale, it has 1,936 sqft, 3,958 sized lot, and 2 parking. A comparable Other, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of PHILADELPHIA , in zip code 19121, this PHILADELPHIA County Other and are nearby neighborhoods.