Investor and builder opportunity in West Philadelphia! This RM-1 zoned lot gives you the ability to build up to three units by right, making it a strong rental play in a neighborhood seeing steady growth. Section 8 (PHA) rents in the area are currently up to $2,200 for 3-bedroom units and $1,830 for 2-bedroom units, offering solid cash flow potential once developed. Conveniently located near Girard Avenue, public transit, City Avenue, and University City, this is a chance to add a reliable income-producing property to your portfolio in a market with ongoing demand.
| MLS # | PAPH2531494 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Pending-bright |
| Days On Site | 421 |
| Listing Provided By | HomeSmart Realty Advisors | Emre Yucel |
| Zoning | RM1 |
|---|---|
| Acreage | 0.03 |
| Garage Yes / No | No |
|---|
| Tax Annual Amount | 347 |
|---|
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19131 |
| Area | 19131 (19131) |
| School District | PHILADELPHIA CITY |
| High School | OVERBROOK |
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19131 |
| Area | 19131 (19131) |
| School District | PHILADELPHIA CITY |
| High School | OVERBROOK |