Your Key to the Main Line, Philadelphia, and its Surrounding Suburbs
LOT SIZE 0.140 acres
MLS#PAPH2586652
STATUSACTIVE
PROPERTY TYPELand - Lot/Land
SUBDIVISIONWEST OAK LANE
SCHOOLTHE SCHOOL DISTRICT OF PHILADELPHIA
Property Description
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.
Property Features
Property Type: Land - Lot/Land
Lot Size: 0.14 Acres
Taxes: $126
Feature Descriptions
Days on Site: 9
Lot Dimensions: 0.14 Acre(S)
Municipality: PHILADELPHIA
Sewer: Public Sewer
Water: Public
Local Schools
School District: THE SCHOOL DISTRICT OF PHILADELPHIA
Listed By / Shown By
Listed By
Agency Name: HomeSmart Realty Advisors
Agency Phone: 2156041191
Shown By
Agency Title: Duffy Real Estate, Inc.
Agency Phone: 610-667-6655
Estimate Your Payment
Estimated Payment
$ 2,040.64 per month $1,913.77 Principal & Interest $10.50 Property Tax $116.38 Homeowner's Insurance
5805-11 E Wister Street | MLS# PAPH2586652
This land located at 5805-11 E Wister Street, Philadelphia, PA 19138 is currently listed for sale with an asking price of $399,000. The property has approximately 0.14 Acres. 5805-11 E Wister Street is located within the THE SCHOOL DISTRICT OF PHILADELPHIA school district. Search Philadelphia real estate on www.duffyrealestate.com today.