Philadelphia, PA 19146,1331 S GROVE ST
Philadelphia, PA 19146,1331 S GROVE ST
Philadelphia, PA 19146,1331 S GROVE ST
12
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$60,000
Est. payment /mo
700 Sqft Lot
New

1331 S GROVE ST Philadelphia, PA 19146

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UPDATED:

11/18/2024 03:33 PM

Key Details

Property Type Vacant Land

Sub Type Land

Listing Status Active

Purchase Type For Sale

Subdivision Forgotten Bottom

MLS Listing ID PAPH2420504

HOA Y/N N

Originating Board BRIGHT

Annual Tax Amount $1,042

Tax Year 2024

Lot Size 700 Sqft

Acres 0.02

Lot Dimensions 14.00 x 50.00

Property Description

Discover this 14' x 50' vacant lot, offering a total of 700 square feet in the up-and-coming Forgotten Bottom neighborhood of Philadelphia. With RM-1 zoning, the property is primed for residential development, allowing for multifamily use which can be used for a buy and hold investment or to build condos and sell them individually. This can be a great scenario for an owner occupant to build a multi-family property and live in one unit while renting the others out to help offset the mortgage. There is new construction already on the block and even more in the process of being built. As time goes on the block will continuously fill in with even more new construction homes making this a fantastic long term investment.

Located just minutes from major thoroughfares, public transportation, and the Schuylkill River Trail, this parcel is a hidden gem for buyers and investors alike. The neighborhood is experiencing exciting growth, making this the perfect time to stake your claim.

Don’t miss your chance to turn this blank canvas into a lucrative venture. Drive by and envision the possibilities, then make your offer today!

Location

State PA

County Philadelphia

Area 19146 (19146)

Zoning RM1

Exterior

Water Access N

View Street

Garage N

Building

Sewer Public Sewer

Water Public

Schools

School District The School District Of Philadelphia

Others

Tax ID 362363800

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash

Horse Property N

Listing Terms Cash

Financing Cash

Special Listing Condition Standard


Bright MLS (BMLS)
Listed by Maria Maria Quattrone Quattrone • RE/MAX @ HOME

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Melissa Roswell

Agent | License ID: 1540788

+1(856) 904-9502

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1331 S GROVE ST