Prime RM1 Building Opportunity! Incredible investment opportunity in TEMPLE UNIVERSITY/CECIL B MOORE area of North Philadelphia. Zoning RM1 Legally allowable up to 4 units. Quadruplex New Construction Multi-Family values between: $400K-$1,000,000M depending on finishes and additional upgrades. Photos are of multiple recent new construction projects less than a quarter mile… Read More of this property. Whether you're an investor looking to flip for a profit or seeking to build and hold for consistent rental income from college students, this opportunity checks all the boxes. Don't miss your chance to secure this promising property and capitalize on its earning potential! Have your builder/contractor apply to take advantage of the 10 Year Tax Abatement that can follow the property after completion. Close to multiple public transportation routes including the Market-Frankford Line, 10 minutes to Center City, and ease of access to anywhere on the Mainline or Delco, with 20-30 minutes to PHL Airport depending on traffic. Local attractions include: Temple University, Liacouras Center, Geasy Field Complex, AMC Broad St 7, Raising Canes Chicken Fingers, Wagner Free Institute of Science, Independence Blue Cross Recreation Center, The Fresh Grocer, Panera Bread, City View Pizza. Buyer must provide A Philadelphia Tax Compliance Certificate dated within the last 30 days. No transfer taxes, no title costs, no closing costs. Property deeded free and clear of all liens and encumbrances, bring in your offer and secure your next project! CASH ONLY, no hard money. Must provide 10% Deposit with Offer and provide proof of funds. Transaction must close by Friday, May 09, 2025. Read Less
Courtesy of Lauren Saidu-Kamara, Livewell Properties [email protected]
Listing Snapshot
Days Online
3
Last Updated
Property Type
Townhouse
Beds
3
Full Baths
1
Square Ft.
920
Lot Size
0.02 Acres
Year Built
1915
MLS Number
PAPH2475142
Additional Details
Basement
Full
Building
920 sqft living area, 920 sqft above grade (finished), Built in 1915, Structure Type: Interior Row/Townhouse, 2 levels, Traditional, Straight Thru, Masonry, Brick
Cooling
None, None
Fees
Ground Rent Pymnt Freq: Annually
Foundation
Brick/Mortar
Heating
Natural Gas, Radiator
Lot
953 sqft, Lot Size Dimensions: 12.00 x 78.00, 0.02 acres
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