4133 Reno Street Philadelphia, PA 19104 Municipality: Philadelphia

**Prime Development Opportunity in a Top Philadelphia Location!** This is an incredible chance to acquire a shovel-ready duplex lot in one of Philadelphia's most sought-after zip codes. The seller is very cooperative and ready to make a deal! The lot is approved for two spacious 3-bedroom, 3-b...athroom units, with one unit featuring a stunning open roof deck. Each bedroom has its own bathroom, making these units particularly desirable compared to others being built in the area. 3-bedroom units are rated for Section 8 at $2,136 per month, offering excellent rental income potential. Situated in a Philadelphia Opportunity Zone, this property also comes with a 10-year tax abatement, enhancing its investment appeal. Due to recent zoning changes, this is one of the last remaining multi-development opportunities in the area, as most properties have been rezoned to single-family. Recent comparable sales include: - 4506 Merion Ave, 19104: Sold for $557k - 614 N Union, 19104: Sold for $717k Both properties serve as solid examples of successful duplex developments nearby. Donât miss out on this rare opportunity to invest in a prime location! Continue reading