Prime Multi-Family Investment Opportunity - Central North Philadelphia Unlock the potential of this shell ready development located minutes from Temple University, right in the heart of rapidly growing Central North Philadelphia. Zoned RM-1, this by-right project comes complete with architectural plans-offering a rare, opportunity to hit the ground running. ?? Property Highlights:Total Sq. Ft.: 3,600+Units: 5 Total(4) Spacious 2-Bedroom Units(1) Studio UnitZoning: RM-1 (By-right development)Transit-Accessible: Close to SEPTA bus and regional rail lines?? Projected Rental Income:2-Bedroom Units: $1,750/month x 4 = $7,000/monthStudio Unit: $1,000/monthTotal Projected Income: $8,000+/monthHigh demand rental area due to proximity to Temple UniversityFinancing options:Construction LoansInvestment Property LoansHard Money FinancingConsult with your lender to explore the best financing strategy for your portfolio. Whether you're a seasoned investor seeking your next cash-flowing asset or a developer looking for a ready-to-build project, this is your chance to secure a valuable foothold in one of Philadelphia's most promising neighborhoods. Inquire Today - Opportunities Like This Don't Last Long!
| MLS # | PAPH2607152 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1978 |
| Days On Site | 192 |
| Listing Provided By | Realty Mark Associates | Natasha Ocasio |
| SQ Feet | 3,604 |
|---|---|
| Units | 4 |
| Zoning | RM1 |
| Acreage | 0.04 |
| Cooling | None |
|---|---|
| Heating Yes / No | Yes |
| Heating | Other |
| Construction Materials | Masonry |
|---|---|
| Foundation Details | Concrete Perimeter |
| Garage Yes / No | No |
|---|
| Utilities | Natural Gas Available, Electric Available |
|---|
| Tax Annual Amount | 0 |
|---|
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19121 |
| Area | 19121 (19121) |
| School District | PHILADELPHIA CITY |
| Listing VS Median (in 19121) | |
Price: $334,999 low | high Med: $209,000 sqft: 3,604 low | high Med: 1,898 $ / sqft: $93 low | high Med: $110 On site: 192 low | high Med: 61 | |
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19121 |
| Area | 19121 (19121) |
| School District | PHILADELPHIA CITY |
| Listing VS Median (in 19121) | |
Price: $334,999 low | high Med: $209,000 sqft: 3,604 low | high Med: 1,898 $ / sqft: $93 low | high Med: $110 On site: 192 low | high Med: 61 | |