5117-27 WARREN ST new to site

Philadelphia,PA 19131

$ 815000

- Bed

- Bath

- SqFt


Key Details

Property Type Vacant Land

Sub Type Land

Listing Status Active

Purchase Type For Sale

Subdivision West Philadelphia

MLS Listing ID PAPH2424202

HOA Y/N N

Originating Board BRIGHT

Annual Tax Amount $268

Tax Year 2024

Lot Size 9,178 Sqft

Acres 0.21

Lot Dimensions 98.60 x 82.00

Property Description

Hero House: 24-unit multifamily development opportunity in West Philadelphia. This proposed development is "by right" with RM1 zoning. This prominent assemblage of corner properties has been combined by current ownership to maximize density in the Qualified Opportunity Zone (QOZ). Invest in a Top-10 USA MSA today with this land purchase — surrounded by progressive development in every direction. Schuylkill Yards, Science Center, CHOP, HUP, Penn, Drexel, St. Joes's are all nearby — this is the heart of Philly's "Eds & Meds" powerhouse economic district with above-average rent growth and appreciation projected for years to come. Enquire within for proposed plans. Base rendering for illustrative purposes only.

Location

State PA

County Philadelphia

Area 19131 (19131)

Zoning RM1

Exterior

Water Access N

View City

Garage N

Building

Lot Description Corner

Sewer Public Sewer

Water Public

Schools

School District Philadelphia City

Others

Tax ID 442182000

Ownership Fee Simple

SqFt Source Estimated

Special Listing Condition Standard

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