1606 W LOUDON ST Active

Philadelphia,PA 19141

$ 45000

- Bed

- Bath

- SqFt


Key Details

Property Type Vacant Land

Sub Type Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID PAPH2351596

HOA Y/N N

Originating Board BRIGHT

Annual Tax Amount $167

Tax Year 2024

Lot Size 1,120 Sqft

Acres 0.03

Lot Dimensions 16.00 x 70.00

Property Description

In the midst of Philadelphia's thriving real estate market, a rare opportunity awaits for savvy investors and developers: an RM1 zoned multifamily vacant lot listing. Located in a prime neighborhood, this parcel of land presents a blank canvas for creating a lucrative multifamily property. With its proximity to public transportation, local amenities, and thriving commercial corridors, this lot is poised to yield a significant return on investment. Imagine a modern apartment complex, complete with sleek amenities and Energy Star-rated appliances, rising from the ground to cater to the city's growing demand for quality housing. By capitalizing on this lot, entrepreneurs can unlock the potential for a lucrative rental income stream, while also contributing to the revitalization of Philadelphia's urban landscape. Large lot with good frontage. 3+ units can be built. Selling cash, as-is.

Location

State PA

County Philadelphia

Area 19141 (19141)

Zoning RM1

Exterior

Waterfront N

Water Access N

Garage N

Building

Sewer Public Sewer

Water Public

Schools

High Schools Germantown

School District The School District Of Philadelphia

Others

Tax ID 132403500

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash

Listing Terms Cash

Financing Cash

Special Listing Condition Standard

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