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1511 W Allegheny Avenue

PHILADELPHIA, PA 19132
  • $299,000
  • STATUS: Active
  • ON SITE: 254 Days
  • ID#: PAPH2163100
UPDATED: 16 min ago
$299,000
  • 0
    BEDS
  • 0.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:

School Ratings & Info

Description

This is a fantastic opportunity for QOZ funds to invest in a high potential development project in a rapidly growing area of North Philly. The ability to build a 6 story building with 20 units, including 4 car parking on the first floor, makes this a highly attractive opportunity for investors. Additionally, the location is just one block away from the Broad Street Line, making it easily accessible for tenants. The demand for 1 bedroom units in this area is high, particularly among medical and dental students, ensuring a strong rental market. With development occurring in the surrounding blocks, this property is poised for success. Investing in this Qualified Opportunity Zone Fund could yield significant returns for investors.

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©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Perfect Place Real Estate. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-06-05T15:54:48.857.
www.perfectplacere.com/homes/133367587
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1511 W Allegheny Avenue PHILADELPHIA, PA 19132

  • Price: $299,000
  • Status: Active
  • On Site: 254 Days
  • Updated: 16 min ago
  • ID#: PAPH2163100
0
Beds
0
Baths
0
½ Baths
0.13
Acres
Neighborhood:
19132 (19132)
County:
Philadelphia
Area:
19132 (19132)
School District:
The School District Of Philadelphia
Property Description
This is a fantastic opportunity for QOZ funds to invest in a high potential development project in a rapidly growing area of North Philly. The ability to build a 6 story building with 20 units, including 4 car parking on the first floor, makes this a highly attractive opportunity for investors. Additionally, the location is just one block away from the Broad Street Line, making it easily accessible for tenants. The demand for 1 bedroom units in this area is high, particularly among medical and dental students, ensuring a strong rental market. With development occurring in the surrounding blocks, this property is poised for success. Investing in this Qualified Opportunity Zone Fund could yield significant returns for investors.
Exterior Features

Garage YN No Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Property Features

Assessment Year 2023 Association YN No Central Air YN No Construction Completed YN No Current Use Land/Lot Only Municipality Philadelphia Navigable Water YN N Original MLSNumber 801904153928 Ownership Interest Fee Simple Possession Settlement Property Sub Type Land Sale Type Standard Sewer Public Sewer Tax Annual Amount 342.00 Tax Assessment Amount 24500.00 Tax Lot 42 Vacation Rental YN No Water Source Public Zoning Rsa3

Listing courtesy of Keller Williams Philly: .


©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Perfect Place Real Estate. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-06-05T15:54:48.857.
 
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Perfect Place Real Estate
514 S. 52nd Street
Philadelphia PA, 19143