June 15, 2015
507 N 41st St, Philadelphia, PA
$ Click for current price
3240 SQUARE FEET
This parcel is being sold along with an adjacent lot known as 505 N. 41 Street as a package. Surrounded by residential housing, medical and commercial business development projects, these parcels are located within the renaissance of University City in West Philadelphia. The property is currently being used as a religious building with a paved fenced in adjacent lot for parking. Zoned RM1 provides a limitless opportunity on the combine building and lot foot print of 3,669 square foot. Located in close proximity to transportation, universities and health care facilities,this property is a slam dunk for continued development in the area. on a tree lined street and down the street from Drexel Universities athletic field increases the potential for student housing development of residential condo development.
Agent: This combined parcel is primed for tear down and development of of 3600 plus square feet of usable land on a stable well maintained block.
|Additional: This is an amazing opportunity for a seasoned investor looking to develop in University City. The numbers work and the zoning works, the construction staging works which will reduce cost. This is an investors dream parcel|