915-17-19 S 12TH ST Under Contract

Philadelphia,PA 19147

$ 1399000

- Bed

- Bath

- SqFt


Key Details

Property Type Vacant Land

Sub Type Land

Listing Status Under Contract

Purchase Type For Sale

MLS Listing ID PAPH2380170

Annual Tax Amount $2,638

Tax Year 2024

Lot Size 1,178 Sqft

Property Description

Once in a lifetime opportunity to acquire three adjacent properties with RM1 zoning right in sought out Bella Vista neighborhood. Each building sits on approximately 17 X 70 lot size with commercial spaces on 1st Floor and 3 bedroom apartments above each. The commercial spaces are currently rented to food cart & food catering businesses. Current rents would most likely be deemed under market value, while there is already great potential in this scenario as is, the real value lies in removing current structures to be able to build brand new single family homes, condos or multi unit buildings by right due to the flexible RM1 zoning. Dynamite location with stone's throw to Broad & Washington Av, 10 min walk south to the charming Passyunk Av or same distance north to the heart of Center City Philadelphia. Don't miss out on this rare opportunity, inquire today !

Location

State PA

County Philadelphia

Area 19147 (19147)

Zoning RM1

Exterior

Waterfront N

Water Access N

Building

Sewer Public Sewer

Water Public

Schools

School District The School District Of Philadelphia

Others

Special Listing Condition Standard

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