Fantastic development opportunity on the edge of the rapidly improving LaSalle U and Germantown neighborhoods. Approved for 111 apartments with off street parking, this site represents an opportunity to establish a stable and predictable cash flowing asset for years to come in an area poised for substantial growth. Unit mix consists of 71 one bedroom apts, 39 two bedroom apts, 1 three bedroom apt. Total finished square footage to be 85,384sf. A local contraction company currently rents a portion of the site for about $3200 a month which can continue after purchase. Call for details or site tour.
| MLS # | PAPH2609194 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1950 |
| Days On Site | 157 |
| Listing Provided By | Realty Mark Associates | Larry R Levin |
| SQ Feet | 36,080 |
|---|---|
| Units | 4 |
| Zoning | RM1 |
| Acreage | 2.29 |
| Cooling | None |
|---|---|
| Heating | None |
| Construction Materials | Masonry |
|---|---|
| Lot Features | Corner, Open, Rear Yard, Unrestricted |
| Garage Yes / No | No |
|---|---|
| Parking Features | Private |
| Tax Annual Amount | 10100 |
|---|
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19141 |
| Area | 19141 (19141) |
| School District | THE SCHOOL DISTRICT OF PHILADELP |
| Listing VS Median (in 19141) | |
Price: $1,800,000 low | high Med: $199,999 sqft: 36,080 low | high Med: 1,254 $ / sqft: $50 low | high Med: $159 On site: 157 low | high Med: 80 | |
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19141 |
| Area | 19141 (19141) |
| School District | THE SCHOOL DISTRICT OF PHILADELP |
| Listing VS Median (in 19141) | |
Price: $1,800,000 low | high Med: $199,999 sqft: 36,080 low | high Med: 1,254 $ / sqft: $50 low | high Med: $159 On site: 157 low | high Med: 80 | |