620 N 37th St - Residential LAND FOR SALE


Philadelphia, PA 19104- Mantua5,279 SF
$699,000 USD
267-205-1369
620 N 37th St, Philadelphia, PA for Sale
$699,000 USD
Residential LAND - FOR SALE
1/3
5,279 SF

620 N 37th St
Philadelphia, PA 19104
Mantua


HIGHLIGHTS

  • 100% Shovel Ready for 19 residential units
  • 10 Year Full tax abatement
  • No Affordable housing required
  • Assistance with construction and management available for a turnkey project

OVERVIEW

100% shovel-ready project approved for 19 residential units with a full 10-year real estate tax abatement and no affordable housing requirement. An available official bank appraisal values the land at $1,000,000 and the post-construction property at $6,325,000. The current owner is available to assist with construction and property management for the buyer if desired. Located in the University City/Mantua area within walking distance to Drexel University and the University of Pennsylvania, this development will offer highly desirable units that are easy to lease. Don’t miss this prime, ready-to-build opportunity. Full plans, permits, and a pro forma are available upon request.

FOR SALE DETAILS

PRICE

$699,000 USD

PRICE/ACRE

$5,766,750/AC

PRICE/SF

$132 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

620 N 37th st

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

-

LAND ACRES

0.12 AC

LAND SF

5,280 SF

OFFSITE IMPROVEMENTS

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Reda AkbilCompass CommercialMore Info
267-205-1369

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Reda AkbilCompass CommercialMore Info
267-205-1369

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.