3705 Old York, Philadelphia, PA 19140

$55,000

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List Price
$55,000
Days on Market
5
Status
ACTIVE
MLS#
PAPH2655356
Lot Size (Acres)
0.03
County
Philadelphia
School District
The School District Of Philadelphia

Property 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.

Additional Information

Area
19140 (19140)
Taxes
$383
School District
The School District Of Philadelphia
Water
Public
Sewer
Public Sewer

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Calculator source: Real Geeks

Listing courtesy of Realty Mark Cityscape-Huntingdon Valley. Contact: 2155837777