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! New construction triplexes around the corner have sold for nearly 700k!! 3310 N Sydenham owner is participating in a package deal and also listed. There are multiple strategies to go vertical with this lot: purchase, wait and resale in a year or two OR rezone from RSA5 Lot: 1787 total sf. If converted to RM1 that sf would allow for a 3 story 4 unit. Each apartment could be 80 sf - earning $57,000 per year for the building. Well over 400+ units are approved and could start 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! This land is ideal for any investor. Inquire about other off market development deals in the area.
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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! New construction triplexes around the corner have sold for nearly 700k!! 3310 N Sydenham owner is participating in a package deal and also listed. There are multiple strategies to go vertical with this lot: purchase, wait and resale in a year or two OR rezone from RSA5 Lot: 1787 total sf. If converted to RM1 that sf would allow for a 3 story 4 unit. Each apartment could be 80 sf - earning $57,000 per year for the building. Well over 400+ units are approved and could start 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! This land is ideal for any investor. Inquire about other off market development deals in the area.
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