Investments Sales Management

318 E ALBANUS STREET

PHILADELPHIA , PA 19120

MLS#: PAPH2589870

$50,000

Status: Active
Listing number: PAPH2589870
Listing provided by: RE/MAX Ready
Listing agent phone: None
Last update: 15 days ago
On site: 15 days ago
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Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

None

Lot size

0.03 acres

Prime development opportunity in the Olney section of Philadelphia! This project presents investors and developers with the opportunity to construct a new residential property and capitalize on strong resale demand within the area. Recent comps support ARVs reaching up to $260,000, providing a compelling profit margin for builders seeking solid returns. Additionally, qualified projects may benefit from Philadelphia’s 10-Year Tax Abatement program, significantly enhancing long-term profitability and improving overall cash flow. Investors don't hesitate to secure this asset.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.03

  • Property Type

    Land

Price

  • Sales Price

    $50,000

  • Tax Amount

    $146

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Tax Lot

    194

  • Water Source

    None

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PHILADELPHIA

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Listing Courtesy of Junard Lane , RE/MAX Ready

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Agent Theresa Kehler

Owner, President, Investment Property Advisor

Theresa Kehler

Call Theresa today to schedule a private showing.

(215) 605-9647

theresa@tntrealestatesolutions.com


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Prime development opportunity in the Olney section of Philadelphia! This project presents investors and developers with the opportunity to construct a new residential property and capitalize on strong resale demand within the area. Recent comps support ARVs reaching up to $260,000, providing a compelling profit margin for builders seeking solid returns. Additionally, qualified projects may benefit from Philadelphia’s 10-Year Tax Abatement program, significantly enhancing long-term profitability and improving overall cash flow. Investors don't hesitate to secure this asset.

318 E ALBANUS STREET

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