Exceptional development opportunity in one of Philadelphia's hottest investment corridors! Vacant lot with approved plans in hand for a 4-story, 3-unit multifamily building, allowing the next owner to begin construction without the lengthy zoning and plan approval process.
Surrounded by newly built multifamily developments on the same street, this property is ideally positioned in a neighborhood experiencing strong growth and redevelopment. With high rental demand and excellent potential returns, this is a prime opportunity for developers, builders, and investors looking to add a cash-flowing asset or build for resale.
Conveniently located near public transportation, major highways, shopping, restaurants, schools, and Temple University Hospital.
Bonus opportunity: The seller is also offering 118 N Salford St and 134 N Salford St for sale. Purchase one lot or acquire all three properties as part of a larger investment portfolio.
Buyer is responsible for verifying all permits, approvals, zoning, and development requirements. Property is being sold as-is.
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Listing Snapshot
Price
$55,000
Days On Site
62 Days
Bedrooms
N/A
Inside Area (SqFt)
N/A
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.03 Acres
Year Built
N/A
MLS® Number
PAPH2655356
Status
Active Under Contract
Property Tax
$383
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
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Recent Activity
a month ago
Listing updated with changes from the MLS®
a month ago
Status changed to Active Under Contract
2 months ago
Listing first seen on site
General Features
Acres
0.03
Additional Property Use
Residential
Sewer
Public Sewer
Special Circumstances
Standard
Water Source
Public
Zoning
RM1
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Community Features
MLS Area
19140 (19140)
School District
THE SCHOOL DISTRICT OF PHILADELPHIA
Schools
School District
THE SCHOOL DISTRICT OF PHILADELPHIA
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Realty Mark Cityscape-Huntingdon Valley
