$200,000
Investor Alert | Rare Multi-Parcel Development Opportunity
An exceptional opportunity to acquire three adjacent parcels: 415, 417, and 419 W Houston Street, offered together as a package deal for a combined list price of $395,000. This offering includes one existing townhome (415) and two separate land parcels (417 & 419), all published individually on the MLS but intended to be sold together.
The existing townhome is most likely a teardown, presenting a compelling opportunity to develop multiple new construction homes across the three parcels. Situated on a corner location, the site offers strong potential for larger footprints and possible parking, subject to buyer due diligence and approvals.
The surrounding block is already experiencing significant transformation, with new construction townhomes and multifamily developments actively reshaping the street and area. This package is ideal for an investor or developer looking to create a small portfolio of side-by-side new construction properties in a rapidly appreciating neighborhood.
Located at the crossroads of Fishtown, Old Kensington, and East Kensington, this area has been developing for years, with continued growth now extending toward Norris Square. The property is walkable to Norris Square Park and conveniently close to the heart of everything, restaurants, cafes, transit, and the vibrant energy that defines these neighborhoods.
A rare chance to secure multiple contiguous parcels in a high-growth corridor, perfect for those looking to capitalize on Philadelphia’s evolving urban landscape. Schedule a showing today.
1) 419 W Hewson St - LAND: Assessor Frontage: 17, Depth: 44 Zoning: RSA5 Shape: Triangle
2) 417 W Hewson St - LAND: Frontage: 17, Depth: 53 Zoning: RSA5 Shape: Rectangle
3) 415 W Hewson St - TOWNHOME 3 bed 1 bath 1,340 sqft Frontage: 17, Depth: 55 Acres: 0.0208 Zoning: RSA5 Shape: Rectangle
3
Beds
⋅
1
Baths
415 W Hewson St, Philadelphia
Listing courtesy of Compass Pennsylvania, LLC. Contact: 6108223356