1692 N 54TH ST new to site

Philadelphia,PA 19131

$ 159900

- Bed

- Bath

- SqFt


Key Details

Property Type Vacant Land

Sub Type Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID PAPH2425418

HOA Y/N N

Originating Board BRIGHT

Annual Tax Amount $275

Tax Year 2024

Lot Size 1,746 Sqft

Acres 0.04

Lot Dimensions 18.00 x 97.00

Property Description

This vacant lot comes with an approved zoning permit for a stunning 4-story corner townhouse apartment, presenting a prime investment opportunity. The approved zoning permit allows for the construction of eight meticulously designed one-bedroom units, each ranging from 510 to 642 square feet, offering comfortable and spacious living spaces. The building will feature a durable slab-on-grade foundation, providing a stable and cost-effective base for construction. The thoughtfully designed layout includes a side entrance leading to a centrally located staircase, naturally dividing each floor into two apartments, ensuring privacy and convenience for residents. Situated on a prominent corner, the future building will benefit from abundant natural light and excellent visibility. Active construction on the block adds vibrancy and momentum to the area, highlighting its growth potential and appeal. This rare opportunity combines flexibility for development with a location that promises appeal for residents or tenants. Bring your vision to life and create a standout property!

Location

State PA

County Philadelphia

Area 19131 (19131)

Zoning RSA5

Exterior

Water Access N

Garage N

Building

Sewer Public Sewer

Water Public

Schools

School District Philadelphia City

Others

Tax ID 885020800

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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