$275,000
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1234 S 45TH Street Philadelphia, PA 19104 Municipality: Philadelphia
Land
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0.04
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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 vi...brant 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.
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MLS#
PAPH2270576
Property Type
Land
Lot Size
0.04
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