3705 Old York,PHILADELPHIA, PA 19140
PHILADELPHIA, PA 19140
Description
Exceptional development opportunity in one of Philadelphia's hottest investment corridors! Vacant lot with approved plans in hand for a 4-story, 3-unit multifamily building, allowing the next owner to begin construction without the lengthy zoning and plan approval process. Surrounded by newly built multifamily developments on the same street, this property is ideally positioned in a neighborhood experiencing strong growth and redevelopment. With high rental demand and excellent potential returns, this is a prime opportunity for developers, builders, and investors looking to add a cash-flowing asset or build for resale. Conveniently located near public transportation, major highways, shopping, restaurants, schools, and Temple University Hospital. Bonus opportunity: The seller is also offering 118 N Salford St and 134 N Salford St for sale. Purchase one lot or acquire all three properties as part of a larger investment portfolio. Buyer is responsible for verifying all permits, approvals, zoning, and development requirements. Property is being sold as-is.
Details
| MLS # | PAPH2655356 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active Under Contract-bright |
| Days On Site | 46 |
| Listing Provided By | Realty Mark Cityscape-Huntingdon Valley | Aziz Dali |
Features
| Zoning | RM1 |
|---|---|
| Acreage | 0.03 |
Parking
| Garage Yes / No | No |
|---|
Taxes
| Tax Annual Amount | 383 |
|---|
Area Information
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19140 |
| Area | 19140 (19140) |
| School District | THE SCHOOL DISTRICT OF PHILADELP |
| Listing VS Median (in 19140) | |
Price: $55,000 low | high Med: $149,900 On site: 46 low | high Med: 25 | |
Market Activity 19140
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Learn More About This Property
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19140 |
| Area | 19140 (19140) |
| School District | THE SCHOOL DISTRICT OF PHILADELP |
| Listing VS Median (in 19140) | |
Price: $55,000 low | high Med: $149,900 On site: 46 low | high Med: 25 | |
