Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
None
Lot size
0.05 acres
43-unit multifamily development site in Philadelphia, Pennsylvania — a Top-10 USA MSA. The proposed apartment building features 12 studios, 24 1-bed, and 7 2-bed apartments. Additionally, building features include a co-working lounge, bike storage, rooftop terrace, large lobby, elevator and parking lot (18 spaces). The structure will encompass 4-storeys with 35,761 SF on the substantial 19,881 SF parcel. Located near Temple University Health Sciences Center (strong employment base of highly-skilled, educated workers) in an area starved for multifamily housing. 10-year tax abatement eligible. Enquire within for PPP (plans, pro forma, permits). Short-term income is in-place via storage on-site. Approx. $65K in annual income in-place via storage units ensures short-term cash flow while planning for future development.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Pool
No
-
Waterfront YN
NO
-
View
City
Area & Lot
-
Lot Size(acres)
0.05
-
Property Type
Land
Price
-
Sales Price
$1,075,000
-
Tax Amount
576.0
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
NO
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Sewer
Public Sewer
-
Tax Lot
98
-
Water Source
Public
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Location
County
PHILADELPHIA
Elementary School
Middle School
High School
Listing Courtesy of Ryan J McManus , Keller Williams Liberty Place
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Broker | Owner
ChristyIssler
Call Christy today to schedule a private showing.
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