Philadelphia, PA 19138,961 E LOCUST AVE
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Philadelphia, PA 19138,961 E LOCUST AVE
Philadelphia, PA 19138,961 E LOCUST AVE
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961 E LOCUST AVE Philadelphia, PA 19138

565 Sqft Lot


UPDATED:

12/05/2024 08:28 PM

Key Details

Property Type Vacant Land

Sub Type Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID PAPH2425670

HOA Y/N N

Originating Board BRIGHT

Annual Tax Amount $138

Tax Year 2024

Lot Size 565 Sqft

Acres 0.01

Lot Dimensions 16.00 x 35.00

Property Description

Welcome to 961 E Locust Ave, Philadelphia, PA 19138: A Buildable Vacant Lot in East Germantown

Developers and investors, turn your attention to this 16 Ft x 35 Ft vacant lot, situated in the vibrant East Germantown neighborhood. This fantastic opportunity is nestled on a well-loved residential block and awaits your visionary touch.

Zoned RM-1 (Residential Multifamily), the lot offers you the chance to construct a multifamily dwelling that complements the area's unique blend of historical charm and contemporary convenience.

A highlight of this property is its strategic location. The convenience of public transit is merely a short walk away with several Septa bus stops in the vicinity. You'll also find numerous casual restaurants nearby, adding to the appeal for future residents seeking a diverse and vibrant local food scene.

Essential amenities like grocery stores are within a comfortable walking distance, ensuring easy access for daily needs. Furthermore, the property is less than 1/2 mile from LaSalle University, bringing many of the university's amenities close to hand, including cultural events, learning opportunities, and more.

Picture creating a multifamily home that caters to a broad spectrum of potential residents – from university staff and students to families and professionals. Given the site's zoning and the surrounding community's needs, this lot represents a promising investment opportunity.

Whether you're a seasoned investor or a new builder looking to make an impact, 961 E Locust Ave presents a great opportunity for a successful real estate venture. Don't miss your chance to add this asset to your portfolio. Make your mark in East Germantown today!

Location

State PA

County Philadelphia

Area 19138 (19138)

Zoning RM1

Exterior

Water Access N

View City, Street

Garage N

Building

Sewer Public Sewer

Water Public

Schools

School District The School District Of Philadelphia

Others

Tax ID 122079100

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash

Horse Property N

Listing Terms Cash

Financing Cash

Special Listing Condition Standard


Bright MLS (BMLS)
Listed by Karen Rachel Ehrlich • Philadelphia Homes

Kerry O'Hara

Advisor | License ID: 651712

+1(410) 507-0834

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961 E LOCUST AVE