Prime Multi-Family Investment Opportunity – Central North Philadelphia Unlock the potential of this shell ready development located minutes from Temple University, right in the heart of rapidly growing Central North Philadelphia. Zoned RM-1, this by-right project comes complete with architectural plans—offering a rare, opportunity to hit the ground running. 🔑 Property Highlights: Total Sq. Ft.: 3,600+ Units: 5 Total (4) Spacious 2-Bedroom Units (1) Studio Unit Zoning: RM-1 (By-right development) Transit-Accessible: Close to SEPTA bus and regional rail lines 💰 Projected Rental Income: 2-Bedroom Units: $1,750/month x 4 = $7,000/month Studio Unit: $1,000/month Total Projected Income: $8,000+/month High demand rental area due to proximity to Temple University Financing options: Construction Loans Investment Property Loans Hard Money Financing Consult with your lender to explore the best financing strategy for your portfolio. Whether you're a seasoned investor seeking your next cash-flowing asset or a developer looking for a ready-to-build project, this is your chance to secure a valuable foothold in one of Philadelphia’s most promising neighborhoods. Inquire Today — Opportunities Like This Don’t Last Long!
92 days
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185
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14
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Zillow last checked:
Listing updated:
Listed by:
Natasha Ocasio215-882-3144,
Realty Mark Associates-CC2153764444
Source: Bright MLS,MLS#: PAPH2607152
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Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 8
Basement
Area: 0
Heating
Other, Natural Gas
Cooling
None, Electric
Appliances
Included: Gas Water Heater, Electric Water Heater
Features
Has fireplace: No
Interior area
Total structure area: 3,604
Total interior livable area: 3,604 sqft
Property
Parking
Parking features: On Street
Has uncovered spaces: Yes
Accessibility
Accessibility features: Accessible Doors
Features
Pool features: None
Lot
Size: 1,910 Square Feet
Dimensions: 37.00 x 52.00
Details
Additional structures: Above Grade, Below Grade
Parcel number: 772148000
Zoning: RM1
Special conditions: Standard
Construction
Type & style
Home type: MultiFamily
Architectural style: Traditional
Property subtype: Multi Family
Materials
Masonry
Foundation: Concrete Perimeter
Condition
New construction: No
Year built: 1978
Utilities & green energy
Sewer: Public Sewer
Water: Public
Utilities for property: Natural Gas Available, Electricity Available
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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