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Map
$1,325,000
●
Land -
Off Market
271 DELMAR ST
PHILADELPHIA, PA 19128
Studio
0 Bath
$1,101,844
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model
About This Property
Attention all investors and developers! This is an incredible
opportunity to own a prime piece of real estate sitting on over
18,000 square feet of land in Roxborough with full entitlements
approved and plans in place to build 8 brand-new townhomes. Each
townhome will be an impressive 2660 square feet, featuring 4
bedrooms, 3 bathrooms, front yards, a private drive isle in the
rear to access garage parking, and rooftop decks, making them
highly desirable to potential buyers.
The best part? These stunning homes will be worth $725-750,000 each, bringing in a total of $5.8-6.0 million once they are built based on recent sales in the area. And that's not all - the rear 10,000 square feet lot can be sold as a package deal, offering even more potential for profit. With an easement in place to use the drive aisle from 271 Delmar to access the land, you have the opportunity to build 6-7 additional homes with a variance or even one large single-family home.
Located in the highly sought-after Roxborough neighborhood of Philadelphia, this property offers an amazing location that can't be beaten. Known for its charming tree-lined streets, bustling local business district on Main Street and Ridge Ave, and close proximity to downtown Philly, Roxborough is one of the most desirable neighborhoods in the city. With easy access to major highways and Regional Rail just a few blocks down the street, you'll have everything you need right at your fingertips. And with an abundance of parks, hiking trails, and outdoor activities nearby, you'll always have things to do.
Don't miss out on this incredible opportunity to build your portfolio and maximize your returns. PLEASE CONTACT LISTING AGENT FOR APPROVED PLANS AND PROFORMA!
The best part? These stunning homes will be worth $725-750,000 each, bringing in a total of $5.8-6.0 million once they are built based on recent sales in the area. And that's not all - the rear 10,000 square feet lot can be sold as a package deal, offering even more potential for profit. With an easement in place to use the drive aisle from 271 Delmar to access the land, you have the opportunity to build 6-7 additional homes with a variance or even one large single-family home.
Located in the highly sought-after Roxborough neighborhood of Philadelphia, this property offers an amazing location that can't be beaten. Known for its charming tree-lined streets, bustling local business district on Main Street and Ridge Ave, and close proximity to downtown Philly, Roxborough is one of the most desirable neighborhoods in the city. With easy access to major highways and Regional Rail just a few blocks down the street, you'll have everything you need right at your fingertips. And with an abundance of parks, hiking trails, and outdoor activities nearby, you'll always have things to do.
Don't miss out on this incredible opportunity to build your portfolio and maximize your returns. PLEASE CONTACT LISTING AGENT FOR APPROVED PLANS AND PROFORMA!
Unit Size
-
Days on Market
71 days
Land Size
0.66 acres
Price per sqft
-
Property Type
Land
Property Taxes
$419
HOA Dues
-
Year Built
1930
Last updated: 9 months ago (Bright MLS #PAPH2220074)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Jun 28, 2023 | Sold | $1,325,000 | |
Sold | |||
May 2, 2023 | In contract | - | |
In contract | |||
Apr 13, 2023 | Listed by Keller Williams Philly | $1,100,000 | |
Listed by Keller Williams Philly | |||
Jan 19, 2023 | Sold to Street Partners Llc Delmar | $800,000 | |
Sold to Street Partners Llc Delmar | |||
May 14, 2021 | Sold | $800,000 | |
Sold |
Show More
Property Highlights
Building Info
Overview
Building
Neighborhood
Zoning
Geography
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Sold
Townhouse
4
Beds
5
Baths
3,367 ft²
$350/ft²
$1,180,000
Feb 20, 2023
$1,180,000
Jun 15, 2023
-
Sold
Townhouse
4
Beds
4
Baths
3,190 ft²
$297/ft²
$949,000
Feb 16, 2023
$949,000
Apr 10, 2023
$215/mo
Sold
House
5
Beds
4
Baths
3,925 ft²
$296/ft²
$1,160,000
Oct 13, 2022
$1,160,000
Mar 31, 2023
-
Sold
Townhouse
5
Beds
5
Baths
-
$885,000
May 11, 2022
$885,000
May 31, 2023
$60/mo
Sold
House
4
Beds
4
Baths
5,500 ft²
$235/ft²
$1,295,000
Jun 17, 2022
$1,295,000
Sep 30, 2022
-
In Contract
Townhouse
3
Beds
5
Baths
3,367 ft²
$356/ft²
$1,199,888
Apr 22, 2023
-
-