$ 399,000
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$399,000
Price -
0
Bed -
0
Bath -
0
SqFt
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About the Listing SOLDIER - 3256530
PRIME DEVELOPMENT OPPORTUNITY NEAR LA SALLE UNIVERSITY – APPROVED 18-UNIT PROJECT EXCEPTIONAL OPPORTUNITY TO DEVELOP AN 18-UNIT RESIDENTIAL BUILDING ON A NEARLY 6,000 SQ FT VACANT LOT IDEALLY LOCATED JUST STEPS FROM LA SALLE UNIVERSITY. PROPERTY WILL BE DELIVERED WITH APPROVED PLANS AND PERMITS AND IS FULL SHOVEL READY INCLUDING MEP, ALLOWING CONSTRUCTION TO BEGIN IMMEDIATELY. THE SITE IS STRATEGICALLY POSITIONED BY BEING WALKING DISTANCE TO THE UNIVERSITY MAIN CAMPUS AND LOCATED DIRECTLY BEHIND A SHOPPING CENTER AND NEAR PUBLIC TRANSPORTATION, PROVIDING CONVENIENT ACCESS TO DAILY AMENITIES AND MAKING IT HIGHLY ATTRACTIVE TO TENANTS. APPROVED UNIT MIX: 8 UNITS: 2 BEDROOMS / 2 BATHROOMS 10 UNITS: EXTREMELY LARGE 1 BEDROOM / 1 BATHROOM UNITS THE THOUGHTFULLY DESIGNED FLOOR PLANS MAXIMIZE EFFICIENCY AND RENTAL APPEAL. PROJECTED RENTAL INCOME IS APPROXIMATELY $30,000 PER MONTH, OFFERING STRONG CASH FLOW AND LONG-TERM INVESTMENT POTENTIAL. IDEAL FOR DEVELOPERS OR INVESTORS SEEKING A TURNKEY DEVELOPMENT PROJECT IN A HIGH-DEMAND UNIVERSITY-ADJACENT LOCATION. DRIVE BY THE PROPERTY AND MAKE YOUR OFFER TODAY.
Listing Highlights
Status
Active
Days on Site
27
Property Type
Vacant Land
MLS ®
PAPH2586652
Year Built
Total Square Footage
0
Lot/Acreage
0.14
County
Philadelphia
Neighborhood
West Oak Lane
Area
19138 (19138)
School District
The School District Of Philadelphia
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Zoning: LOTS
- Roof:
- Others:
- Sewer: Public Sewer
Financial Details
- Tax Amount: $126
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2015
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
5805 5805-11 E Wister St Philadelphia, PA 19138
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