Rich Cassell
This listing was posted on RealtyWW.
$39,500
Plot For Sale In Philadelphia, Pennsylvania
Price:
$39,500
BR/BA:
2 BR
Location:
3547 N Smedley St, Philadelphia, PA
Description:
Seeking your next development deal? Look no further for you have landed in a booming section of North Philly where value and development are quickly rising! Recent notable sales for new construction have been 3102 and 3104 N Broad side by side triplexes for nearly 700k!! Well over 200+ units are set for construction this Spring. 3030 N BROAD ST has broken ground for 30 residential units and soon to follow 1336-24 W ALLEGHENY AVE will break ground for 70 units! Most impressively right in your backyard will have 10 triplex new construction buildings breaking ground this year!!! Literally the block between Smedley and 16th St. on the Venango will have almost a $7 million valued project being built this year! There are multiple strategies to go vertical with this lot: purchase, wait and resale in a year or two OR rezone from RSA5 Lot: 16.50x69.9'. If converted to RM1 that sf would allow for a 3 story triplex. Each apartment could be 700 sf good size for a three 2 beds (ground level having full basement) earning $4650 per month for the building. This land is ideal for any investor. Inquire about other off market development deals in the area.For more details: https://realtyww.info/land-lots_philadelphia-d523146/for-sale_i71308691
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More About this Listing: Plot For Sale In Philadelphia, Pennsylvania
Plot For Sale In Philadelphia, Pennsylvania is a Two Bedroom Real Estate and Homes for Sale at 3547 N Smedley St in Philadelphia PA. Find other listings like Plot For Sale In Philadelphia, Pennsylvania and listings near 3547 N Smedley St by searching Oodle Classifieds for Two Bedroom Real Estate and Homes for Sale in Philadelphia PA.
Plot For Sale In Philadelphia, Pennsylvania is a Two Bedroom Real Estate and Homes for Sale at 3547 N Smedley St in Philadelphia PA. Find other listings like Plot For Sale In Philadelphia, Pennsylvania and listings near 3547 N Smedley St by searching Oodle Classifieds for Two Bedroom Real Estate and Homes for Sale in Philadelphia PA.