Welcome to 961 E Locust Ave, Philadelphia, PA 19138: A Buildable Vacant Lot in East Germantown Developers and investors, turn your attention to this 16 Ft x 35 Ft vacant lot, situated in the vibrant East Germantown neighborhood. This fantastic opportunity is nestled on a well-loved residential block and awaits your visionary touch. Zoned RM-1 (Residential Multifamily), the lot offers you the chance to construct a multifamily dwelling that complements the area's unique blend of historical charm and contemporary convenience. A highlight of this property is its strategic location. The convenience of public transit is merely a short walk away with several Septa bus stops in the vicinity. You'll also find numerous casual restaurants nearby, adding to the appeal for future residents seeking a diverse and vibrant local food scene. Essential amenities like grocery stores are within a comfortable walking distance, ensuring easy access for daily needs. Furthermore, the property is less than 1/2 mile from LaSalle University, bringing many of the university's amenities close to hand, including cultural events, learning opportunities, and more. Picture creating a multifamily home that caters to a broad spectrum of potential residents - from university staff and students to families and professionals. Given the site's zoning and the surrounding community's needs, this lot represents a promising investment opportunity. Whether you're a seasoned investor or a new builder looking to make an impact, 961 E Locust Ave presents a tangible opportunity for a successful real estate venture. Don't miss your chance to add this gem to your portfolio. Make your mark in East Germantown today!
MLS# | PAPH2311424 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Days On Site | 273 |
Listing Provided By | Philadelphia Homes | Karen Rachel Ehrlich |
Zoning | RM1 |
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Acreage | 0.01 |
Property View | Yes |
State | PA |
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County | Philadelphia |
City | Philadelphia |
Zip Code | 19138 |
Area | 19138 |
School District | The School District Of Philadelp |
Listing VS Median (in 19138) | |
Price: $19,500 low | high Med: $174,950 On Site: 273 low | high Med: 493.000000 |