$365,000

1800-04 W Tioga St

PHILADELPHIA PA, 19140

Description

Shovel ready multifamily new development site located at world class Temple University Medical Campus. Fully entitled assemblage of 3 lots designed and approved to construct 9 units in 3 buildings (triplexes) contiguous at the corner of 18th Street and Tioga. Its a transit oriented development site located equidistant to two Septa Broad Street stations (Erie and Allegheny). All of the units are smart 2bd x 2ba 1000+ SF. Upper units have skyline rooftop terraces. Lower units have rear yards for outdoor enjoyment. This innovation district is bustling with life sciences and healthcare activity and attracting top talent from throughout the region, making this development opportunity a bulletproof location for future investment. There is a limited supply of new construction apartment housing in this submarket. The existing apartments are waitlisted with overwhelming tenant demand. Secure the full 10 year tax abatement now before the program is decreased at the start of 2022. Name your preferred contractor to the building permit and pick them up before years end.

Details

MLS#PAPH1013174
Listing TypeFor Sale
Sub-TypeResale
Status10000069142
Days On Site15

Features

ZoningRSA5
Acreage0.16
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Area Information
StatePA
CountyPHILADELPHIA-PA
CityPHILADELPHIA
Zip Code19140
Area19140 (19140)
Listing VS Median (in 19140)
Price:
$365,000
low | high
Med:
$119,900
100% of Average
On Site:
15
low | high
Med:
21
71.428571428571% of Average
Sourced by Back At You
Listing Updated: May 3, 2021 7:52:32 AM PDT
Ryan J McManus LogoMLS Number: PAPH1013174
Listing Provided By:
Ryan J McManus  of  Compass Pennsylvania LLC
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