5
See all 5 photos
$45,000
Est. payment /mo
1,120 Sqft Lot
Active
1606 W LOUDON ST Philadelphia, PA 19141
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UPDATED:
08/25/2024 07:36 AM
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID PAPH2351596
HOA Y/N N
Originating Board BRIGHT
Annual Tax Amount $167
Tax Year 2024
Lot Size 1,120 Sqft
Acres 0.03
Lot Dimensions 16.00 x 70.00
Property Description
In the midst of Philadelphia's thriving real estate market, a rare opportunity awaits for savvy investors and developers: an RM1 zoned multifamily vacant lot listing. Located in a prime neighborhood, this parcel of land presents a blank canvas for creating a lucrative multifamily property. With its proximity to public transportation, local amenities, and thriving commercial corridors, this lot is poised to yield a significant return on investment. Imagine a modern apartment complex, complete with sleek amenities and Energy Star-rated appliances, rising from the ground to cater to the city's growing demand for quality housing. By capitalizing on this lot, entrepreneurs can unlock the potential for a lucrative rental income stream, while also contributing to the revitalization of Philadelphia's urban landscape. Large lot with good frontage. 3+ units can be built. Selling cash, as-is.
Location
State PA
County Philadelphia
Area 19141 (19141)
Zoning RM1
Exterior
Water Access N
Garage N
Building
Sewer Public Sewer
Water Public
Schools
High Schools Germantown
School District The School District Of Philadelphia
Others
Tax ID 132403500
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
Special Listing Condition Standard
Listed by Levent S Ulusal • Meta Realty, LLC