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Philadelphia,PA 19121
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
Subdivision Temple University
MLS Listing ID PAPH2471764
HOA Y/N N
Originating Board BRIGHT
Annual Tax Amount $2,206
Tax Year 2016
Lot Size 1,640 Sqft
Acres 0.04
Property Sub-Type Land
Property Description
This dual-parcel property in North Philadelphia offers a prime development opportunity with flexible building configurations. With a combined lot size of approximately 3,282 square feet, developers have two strong by-right options:
Option 1 allows for the construction of two separate four-story buildings, each containing four units. Every unit would feature four bedrooms, yielding a total of eight units and 32 bedrooms across the site.
Option 2 permits the development of a single, four-story building with eight units, each also offering four bedrooms—providing a total of 32 beds under one roof.
Both options maximize the allowable building footprint and rental potential, making the property ideal for student housing, shared living arrangements, or families seeking modern, spacious accommodations.
Located just minutes from Temple University, public transportation, and major access routes, the site is situated in one of the city's most active redevelopment zones. Surrounded by ongoing new construction, renovations, and a rising rental demand, this project is poised for long-term success and strong returns.
Whether you're a seasoned developer or an investor seeking scale and sustainability, this shovel-ready opportunity presents a standout residential project in a thriving Philadelphia neighborhood.
Location
State PA
County Philadelphia
Area 19121 (19121)
Zoning CMX2
Exterior
Water Access N
Garage N
Building
Sewer Public Sewer
Water Public
Schools
School District The School District Of Philadelphia
Others
Tax ID 321187400
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Financing Cash,Conventional
Special Listing Condition Standard