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 vibrant University City district, this expansive lot offers… Read More 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. Read Less
Courtesy of Joe Loonstyn, Scope Commercial Real Estate Services, Inc. [email protected]
Listing Snapshot
Days Online
656
Last Updated
Property Type
Unimproved Land
Lot Size
0.04 Acres
MLS Number
PAPH2270576
30 Days Snapshot Of 19104
$307k
-9%
(avg) sold price
12
-7%
homes sold
65
+38%
(avg) days on market
Snapshot
Area Map
Additional Details
Lot
1,552 sqft, Lot Size Dimensions: 16.00 x 97.00, 0.04 acres
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