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1236 S 45TH ST Active

Philadelphia,PA 19104

$ 275000

- Bed

- Bath

- SqFt

Key Details

Property Type Vacant Land

Sub Type Land

Listing Status Active

Purchase Type For Sale

Subdivision Squirrel Hill

MLS Listing ID PAPH2270570

HOA Y/N N

Originating Board BRIGHT

Annual Tax Amount $5,078

Tax Year 2024

Lot Size 1,552 Sqft

Acres 0.04

Lot Dimensions 16.00 x 97.00

Property Description

Introducing an exceptional opportunity for visionary investors and developers to acquire a strategically located plot of land with RM1 Zoning in the highly sought-after neighborhood of University City. Situated in close proximity to Clark Park, Saint Joseph's University, Baltimore Avenue, and the vibrant University City district, this expansive lot offers endless possibilities for a lucrative real estate venture.

Key Features:

Location: Nestled in a thriving community, this plot of land is conveniently situated near Clark Park, providing residents with a serene oasis and recreational opportunities right at their doorstep. The proximity to Saint Joseph's University and the lively Baltimore Avenue guarantees a steady stream of potential tenants or buyers.

Zoning Advantage: Boasting RM1 Zoning, this property presents a unique opportunity to build up to 7 units by right. The potential for multiple units opens up a variety of development options, including condos, apartments, or even townhomes, catering to the diverse needs of the market.

Expansion Potential: An adjacent plot of land with similar attributes is also available for purchase, creating the possibility for a combined development project. Imagine the advantage of maximizing your investment by seamlessly merging these lots to create a larger, more impactful development.

Soil Test Performed: With a comprehensive soil test already conducted, you can move forward with your development plans confidently and efficiently. This invaluable information ensures a smooth construction process, saving you time and resources.

Seize the opportunity to transform this blank canvas into a vibrant community hub or a lucrative income-generating asset. With the ideal location, zoning advantage, and the potential for expansion, these lots offer a remarkable chance to leave your mark on a rapidly growing neighborhood.

Location

State PA

County Philadelphia

Area 19104 (19104)

Zoning RM1

Exterior

Waterfront N

Water Access N

Garage N

Building

Sewer Public Hook/Up Avail

Water Public

Schools

School District The School District Of Philadelphia

Others

Tax ID 272148900

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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