1236 S 45th St , Philadelphia, PA 19104
Philadelphia, PA 19104
Description
Introducing an exceptional opportunity for visionary investors and developers to acquire a strategically located plot of land with RM1 Zoning in the highly sought-after neighborhood of University City. Situated in close proximity to Clark Park, Saint Joseph's University, Baltimore Avenue, and the vibrant University City district, this expansive lot offers endless possibilities for a lucrative real estate venture. Key Features: Location: Nestled in a thriving community, this plot of land is conveniently situated near Clark Park, providing residents with a serene oasis and recreational opportunities right at their doorstep. The proximity to Saint Joseph's University and the lively Baltimore Avenue guarantees a steady stream of potential tenants or buyers. Zoning Advantage: Boasting RM1 Zoning, this property presents a unique opportunity to build up to 7 units by right. The potential for multiple units opens up a variety of development options, including condos, apartments, or even townhomes, catering to the diverse needs of the market. Expansion Potential: An adjacent plot of land with similar attributes is also available for purchase, creating the possibility for a combined development project. Imagine the advantage of maximizing your investment by seamlessly merging these lots to create a larger, more impactful development. Soil Test Performed: With a comprehensive soil test already conducted, you can move forward with your development plans confidently and efficiently. This invaluable information ensures a smooth construction process, saving you time and resources. Seize the opportunity to transform this blank canvas into a vibrant community hub or a lucrative income-generating asset. With the ideal location, zoning advantage, and the potential for expansion, these lots offer a remarkable chance to leave your mark on a rapidly growing neighborhood.
Details
| Mls | PAPH2270570 |
|---|---|
| Listing Type | For Sale |
| Subtype | Resale |
| Status | Active |
| Days On Site | 473 |
| Listing Provided By | Keller Williams Main Line | Joseph M. Loonstyn Jr. |
Features
| Zoning | RM1 |
|---|---|
| Acreage | 0.04 |
Market Activity 19104
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Learn More About This Property
| State | PA |
|---|---|
| County | Philadelphia |
| City | Philadelphia |
| Zip Code | 19104 |
| Area | 19104 |
| Community Name | Squirrel Hill |
| School District | The School District Of Philadelp |
| Listing VS Median (in Squirrel Hill) | |
Price: $275,000 low | high Med: $1,650 On Site: 473 low | high Med: 6.000000 | |