Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
None
Lot size
3.38 acres
For Sale: Prime 3+ Acre Property with RSD-1 Zoning, 3200 sq foot home with 3 parking garages. Please note : No Zoning information herein should be taken as fact, and any potential buyer is encouraged to seek counsel from a qualified zoning attorney as to the legal permissibility of any and all construction activities on or to the subject improvements and lot. This expansive property offers an exceptional opportunity for developers or investors seeking a lucrative venture. Boasting RSD-1 Zoning, the parcel permits the construction of 10 single-family detached homes with street frontage without the need for variances, though the buyer should seek counsel from a qualified zoning attorney confirm the legal permissibility any development activity. Per the seller's interpretation of the code (see attached document from licensed architect) the land is ready for immediate subdivision and development, allowing builders to commence construction without hurdles. Additionally, the property features a currently rented single-family home with detached 3 car garage as well as a separate workshop generating $2500/month on a month to month lease. This existing structure can either continue generating income for the new owner or can be delivered vacant. Ideal for those looking to capitalize on residential development in a sought-after area, this property presents a blend of immediate income potential and significant future development possibilities.
Features & Amenities
Interior
Area & Lot
-
Lot Size(acres)
3.38
-
Property Type
Land
Exterior
-
Garage
No
Financial
-
Sales Price
$955,000
-
Tax Amount
7001.0
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Location
County
PHILADELPHIA
Elementary School
Middle School
High School
Listing Courtesy of Jay Kamin , Brickmatics
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Owner, President, Investment Property Advisor
TheresaKehler
Call Theresa today to schedule a private showing.
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