bedrooms
0
bathrooms
0
square feet
1,936
Acreage
0.09
Open Houses
-
year built
2003
Full Baths
0
Half Baths
0
Plan Approved! $250K+ Projected Income Per Year!This prime RM1-zoned corner property, spanning a rare 0.09-acre lot (42 ft x 94 ft), comes with zoning approval and plans for a 4-story building featuring approximately 4,000 sq. ft. per floor, 36 suites, and 2-car garage parking. With potential annual rental income exceeding $250,000+ and a post-completion value estimated at over $2.5M based on surrounding comps, this is a standout investment opportunity. Suites are projected to rent for $650&$750 per month, making this property ideal for student housing or traditional rentals in one of Philadelphia's fastest-growing areas. Surrounded by exciting new developments, this property offers a rare chance to capitalize on the booming Temple University market. Zoning permits and building plans are ready, and while the property is currently tenant-occupied, the tenant will be vacated before settlement. Don't miss this lucrative opportunity!
Location | |
Subdivision | - |
County | PHILADELPHIA |
Elementary School | - |
Middle School | - |
High School | - |
Find out more
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MLS number: PAPH2436302
Listing agent:
Alina Xie
Listing broker:
Berkshire Hathaway Homeservices Fox & Roach, Realtors
Copyright © 2025 Berkshire Hathaway HomeServices Fox & Roach, Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Last update: Sunday, February 16 2025 at 9:45 p.m. EST
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