$200,000
18 ft x90 ft RM1 Lot on Walnut st. Build 4 residential units by right as the lot is over 1440 sq ft, over 16ft wide and you need 360 sq ft for each dwelling unit up to 1440 sq ft (seller makes no garauntees and is being sold as is without zoning permits or plans). This lot is located in a TOD zoning overlay, (transit oriented development overlay). Code 14-513. /TOD, Transit-Oriented Development Overlay District states, For any lot within a CMX-1, CMX-2, CMX-2.5, or RM-1 district, the maximum number of dwelling units permitted is increased by fifty percent (50%). According to the TOD code, in the RM1 district you get a 50% increase in units allowed , giving potential to build 2 extra units on top of the 4 allowed by right for 6 units total, consult with your zoning professional, no garauntees are made, this is an as is sale. Also, TOD code states, properties in a zoning district where Table 14-701-2 (Dimensional Standards for Higher Density Residential Districts) or Table 14-701-3 (Dimensional Standards for Commercial Districts) allows a maximum height of 38 ft. are subject to a maximum height of 45 ft. There is an approx 3 ft alley on the side of the lot allowing to potentially put windows on one side of the building. Consult with your zoning professional, sold as is with no garauntees.
5450 Walnut St, Philadelphia
Listing courtesy of Heritage Homes Realty. Contact: 2154865380
