$19,500
 $105 est/mo Sourced by Back At You

961 E Locust Ave , Philadelphia, PA 19138

Philadelphia, PA 19138

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Description

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!

Details

MLS#PAPH2311424
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site273
Listing Provided ByPhiladelphia Homes | Karen Rachel Ehrlich

Features

ZoningRM1
Acreage0.01
Property ViewYes

Market Activity 19138

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Bright MLS. 

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Learn More About This Property

StatePA
CountyPhiladelphia
CityPhiladelphia
Zip Code19138
Area19138
School DistrictThe School District Of Philadelp
Listing VS Median (in 19138)
Price:
$19,500
low | high
Med:
$174,950
100% of Average
On Site:
273
low | high
Med:
493.000000
55.375253549696% of Average
Sourced by Back At You
Listing Updated: September 11, 2024 at 12:28:50 PM PDT