Description
This 4,000 Sq/Ft lot is a rare find and an absolute gem in 19123. The property already has pre-existing curb cut for parking where your dream home is waiting to be built. The land alone in this area sells for about $250 Sq/Ft on average, making this property priced to sell. With single family homes on lots a fraction of this size are pushing prices around $2,000,000, there's a true opportunity for great investment returns on this property. What's more is that the existing home is in exceptional condition and could be rented for $3,000/month while you develop your master plan. This property can be developed into a single family mini mansion with ample outdoor space and parking, or one can attempt to acquire a variance for multi-family use which would allow for 9 units with RM-1 zoning which this property happens to be surrounded by. This is rare and fantastic opportunity in Northern Liberties that does not come around often.
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2BEDS
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0.09ACRES
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2BATHS
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01/2 BATHS
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1,224SQFT
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$735$/SQFT
Description
This 4,000 Sq/Ft lot is a rare find and an absolute gem in 19123. The property already has pre-existing curb cut for parking where your dream home is waiting to be built. The land alone in this area sells for about $250 Sq/Ft on average, making this property priced to sell. With single family homes on lots a fraction of this size are pushing prices around $2,000,000, there's a true opportunity for great investment returns on this property. What's more is that the existing home is in exceptional condition and could be rented for $3,000/month while you develop your master plan. This property can be developed into a single family mini mansion with ample outdoor space and parking, or one can attempt to acquire a variance for multi-family use which would allow for 9 units with RM-1 zoning which this property happens to be surrounded by. This is rare and fantastic opportunity in Northern Liberties that does not come around often.
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