Property
Beds
3
Full Baths
None
1/2 Baths
None
Year Built
1915
Sq.Footage
920
Prime RM1 Building Opportunity! Incredible investment opportunity in TEMPLE UNIVERSITY/CECIL B MOORE area of North Philadelphia. Zoning RM1 Legally allowable up to 4 units. Quadruplex New Construction Multi-Family values between: $400K-$1,000,000M depending on finishes and additional upgrades. Photos are of multiple recent new construction projects less than a quarter mile of this property. Whether you're an investor looking to flip for a profit or seeking to build and hold for consistent rental income from college students, this opportunity checks all the boxes. Don't miss your chance to secure this promising property and capitalize on its earning potential! Have your builder/contractor apply to take advantage of the 10 Year Tax Abatement that can follow the property after completion. Close to multiple public transportation routes including the Market-Frankford Line, 10 minutes to Center City, and ease of access to anywhere on the Mainline or Delco, with 20-30 minutes to PHL Airport depending on traffic. Local attractions include: Temple University, Liacouras Center, Geasy Field Complex, AMC Broad St 7, Raising Canes Chicken Fingers, Wagner Free Institute of Science, Independence Blue Cross Recreation Center, The Fresh Grocer, Panera Bread, City View Pizza. Buyer must provide A Philadelphia Tax Compliance Certificate dated within the last 30 days. No transfer taxes, no title costs, no closing costs. Property deeded free and clear of all liens and encumbrances, bring in your offer and secure your next project! CASH ONLY, no hard money. Must provide 10% Deposit with Offer and provide proof of funds. Transaction must close by Friday, May 09, 2025.
Features & Amenities
Interior
-
Total Bedrooms
3
Area & Lot
-
Lot Size(acres)
0.02
-
Property Type
Residential Income
-
Architectural Style
Traditional, Straight Thru
Exterior
-
Garage
No
-
Parking
On Street
Financial
-
Sales Price
$89,900
-
Tax Amount
1469.0
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Location
County
PHILADELPHIA
Elementary School
Middle School
High School
Listing Courtesy of Lauren Cierra Saidu-Kamara , Livewell Properties
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TheresaKehler
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