1948 Rowan St presents a prime value-add opportunity in Philadelphia for investors, developers, or savvy end users seeking a multifamily redevelopment project. The property is a legal shell currently zoned RM-1 multifamily, offering potential for future residential redevelopment in an area experiencing continued investment and neighborhood growth. The property is being sold in as-is condition and will require a full renovation, making it well-suited for buyers looking to create long-term value through redevelopment or repositioning. Conveniently located near public transportation, major roadways, shopping, and neighborhood amenities, the property benefits from strong accessibility and increasing demand throughout the surrounding area. Buyer is solely responsible for conducting their own due diligence regarding zoning, permitted uses, licensing, occupancy requirements, and redevelopment potential. Buyers are strongly advised to consult with their attorney, architect, and licensed professionals to independently verify all zoning and development information prior to purchase.
Save
Ask
Tour
Hide
Share
Listing Snapshot
Price
$95,000
Days On Site
141 Days
Bedrooms
5
Inside Area (SqFt)
1,958 sqft
Total Baths
2
Full Baths
2
Partial Baths
N/A
Lot Size
0.03 Acres
Year Built
1930
MLS® Number
PAPH2622048
Status
Pending
Property Tax
$2,082
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Assessor
Friends & Family
React
Comment
Invite
No Comments Yet
Did you know? You can invite friends and family to your search. They can join your search, rate and discuss listings with you.
Recent Activity
3 months ago
Status changed to Pending
3 months ago
Listing updated with changes from the MLS®
4 months ago
Price changed to $95,000
5 months ago
Listing first seen on site
General Features
Acres
0.03
Foundation
Stone
Levels
Two
Parking
On Street
Property Sub Type
Townhouse
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Above
1958
SqFt Total
1958
Style
Traditional
Water Source
Public
Zoning
RM1
Interior Features
Appliances
Gas Water Heater
Heating
Natural GasForced Air
Save
Ask
Tour
Hide
Share
Exterior Features
Pool Features
None
Community Features
MLS Area
19140 (19140)
School District
PHILADELPHIA CITY
Schools
School District
PHILADELPHIA CITY
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of BHHS Fox & Roach-Center City Walnut
Did you know? You can invite friends and family to your search. They can join your search, rate and discuss listings with you.