MLS® ID: PAPH822290

2542-46 N ORIANNA STREET

PHILADELPHIA, Pennsylvania, 19133

$75,000 Active
  • - SQFT
3 contiguous RM-1 lots, each (SIDE BY SIDE) 12x39 totalling a footprint 36 wide and 39 deep. Each lot is only $25/yr for taxes. Incredibly close to the redevelopment in South Kensington as well as about a block from the americanstimprovementproject.com which is slated to be finished in December of 2020. (This project will positively impact the quality of life and the value of the real estate and neighborhoods that it intersects, with increased and improved walking paths & crosswalks, bike lanes, new trees, new lighting, as well as "revolutionary" stormwater infrastructure. that will positively impact the community.) Inventory in this area is at an all-time low due to increased demand, as South Kensington is maxed out for investors and developers. The lots are located in the next hot neighborhood and the RM-1 zoning offers a unique opportunity to build a multi-family dwelling to support this amazing growing community. Closely situated TempleU Campuses. New construction 1 bedroom comps (on the 2500 block of N Front St.) suggest rents are 1,045+/mo. 1 and 2 bedroom rents in the area for single-family not renovated homes range between 600-975/mo and 2 bedroom new construction rental comps are not available, YET. We welcome your questions and please feel free to drive by in addition to viewing the photos we have posted. Build - Rent - Hold - Sell seems like the winning formula here. Motivated seller. All offers will be presented.
Read More

Listing courtesy of Keller Williams Philadelphia

Amenities

  • Full baths
    0
  • Half baths
    0
  • Zip
    19133
  • Office name
    Keller Williams Philadelphia
  • Subdivision
    KENSINGTON
  • SQFT
    0
  • Bedrooms
    0
  • Property type
    Land
  • Zoning type
    RM1
  • School district
    THE SCHOOL DISTRICT OF PHILADELPHIA
  • Year built
    0
  • Lot size
    0.01
  • Sewer
    Public Sewer
  • Agent name
    Christopher K Somers
  • Purchase Type
    Active
  • Price Range
    < $100k
  • Square Feet Range
    < 1000 sq ft.
  • Office ID
    KELWLMCC
  • Agent ID
    3124780

Location

Have questions?

We can help.

Let's chat!

First Name
Last Name
Email
Phone
Best time to call

Success!

We'll get in touch with you soon.

We use cookies to enhance your browsing experience and deliver our services. By continuing to visit this site, you agree to our use of cookies. More info