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Listed by Gazi Ataseven • HomeSmart Realty Advisors
$375,000
Est. payment /mo
6,000 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
Subdivision West Oak Lane
MLS Listing ID PAPH2586652
HOA Y/N N
Available Date 2026-03-02
Annual Tax Amount $126
Tax Year 2015
Lot Size 6,000 Sqft
Acres 0.14
Property Sub-Type Land
Source BRIGHT
Property Description
PRIME DEVELOPMENT OPPORTUNITY NEAR LA SALLE UNIVERSITY – APPROVED 18-UNIT PROJECT
EXCEPTIONAL OPPORTUNITY TO DEVELOP AN 18-UNIT RESIDENTIAL BUILDING ON A NEARLY 6,000 SQ FT VACANT LOT IDEALLY LOCATED JUST STEPS FROM LA SALLE UNIVERSITY. PROPERTY WILL BE DELIVERED WITH APPROVED PLANS AND PERMITS AND IS FULL SHOVEL READY INCLUDING MEP, ALLOWING CONSTRUCTION TO BEGIN IMMEDIATELY.
THE SITE IS STRATEGICALLY POSITIONED BY BEING WALKING DISTANCE TO THE UNIVERSITY MAIN CAMPUS AND LOCATED DIRECTLY BEHIND A SHOPPING CENTER AND NEAR PUBLIC TRANSPORTATION, PROVIDING CONVENIENT ACCESS TO DAILY AMENITIES AND MAKING IT HIGHLY ATTRACTIVE TO TENANTS.
APPROVED UNIT MIX:
8 UNITS: 2 BEDROOMS / 2 BATHROOMS
10 UNITS: EXTREMELY LARGE 1 BEDROOM / 1 BATHROOM UNITS
THE THOUGHTFULLY DESIGNED FLOOR PLANS MAXIMIZE EFFICIENCY AND RENTAL APPEAL. PROJECTED RENTAL INCOME IS APPROXIMATELY $30,000 PER MONTH, OFFERING STRONG CASH FLOW AND LONG-TERM INVESTMENT POTENTIAL.
IDEAL FOR DEVELOPERS OR INVESTORS SEEKING A TURNKEY DEVELOPMENT PROJECT IN A HIGH-DEMAND UNIVERSITY-ADJACENT LOCATION.
DRIVE BY THE PROPERTY AND MAKE YOUR OFFER TODAY.
EXCEPTIONAL OPPORTUNITY TO DEVELOP AN 18-UNIT RESIDENTIAL BUILDING ON A NEARLY 6,000 SQ FT VACANT LOT IDEALLY LOCATED JUST STEPS FROM LA SALLE UNIVERSITY. PROPERTY WILL BE DELIVERED WITH APPROVED PLANS AND PERMITS AND IS FULL SHOVEL READY INCLUDING MEP, ALLOWING CONSTRUCTION TO BEGIN IMMEDIATELY.
THE SITE IS STRATEGICALLY POSITIONED BY BEING WALKING DISTANCE TO THE UNIVERSITY MAIN CAMPUS AND LOCATED DIRECTLY BEHIND A SHOPPING CENTER AND NEAR PUBLIC TRANSPORTATION, PROVIDING CONVENIENT ACCESS TO DAILY AMENITIES AND MAKING IT HIGHLY ATTRACTIVE TO TENANTS.
APPROVED UNIT MIX:
8 UNITS: 2 BEDROOMS / 2 BATHROOMS
10 UNITS: EXTREMELY LARGE 1 BEDROOM / 1 BATHROOM UNITS
THE THOUGHTFULLY DESIGNED FLOOR PLANS MAXIMIZE EFFICIENCY AND RENTAL APPEAL. PROJECTED RENTAL INCOME IS APPROXIMATELY $30,000 PER MONTH, OFFERING STRONG CASH FLOW AND LONG-TERM INVESTMENT POTENTIAL.
IDEAL FOR DEVELOPERS OR INVESTORS SEEKING A TURNKEY DEVELOPMENT PROJECT IN A HIGH-DEMAND UNIVERSITY-ADJACENT LOCATION.
DRIVE BY THE PROPERTY AND MAKE YOUR OFFER TODAY.
Location
State PA
County Philadelphia
Area 19138 (19138)
Zoning LOTS
Exterior
Water Access N
Garage N
Building
Sewer Public Sewer
Water Public
Schools
School District The School District Of Philadelphia
Others
Tax ID 172529615
Ownership Fee Simple
Special Listing Condition Standard
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NEARBY SCHOOL & BUSINESS
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Tracy Sauler
Broker Associate | License ID: AB069480
Broker Associate License ID: AB069480