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2
Map
$22,000
●
Land -
Off Market
961 E LOCUST AVE
PHILADELPHIA, PA 19138
Studio
0 Bath
$109
Estimated Monthly
$0
HOA / Fees
About This Property
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 tangible opportunity for a successful real estate venture. Don't miss your chance to add this gem to your portfolio. Make your mark in East Germantown today!
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 tangible opportunity for a successful real estate venture. Don't miss your chance to add this gem to your portfolio. Make your mark in East Germantown today!
Unit Size
-
Days on Market
-
Land Size
0.01 acres
Price per sqft
-
Property Type
Land
Property Taxes
$12
HOA Dues
-
Year Built
-
Last updated: 5 months ago (Bright MLS #PAPH2186932)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Dec 17, 2023 | No longer available | - | |
No longer available | |||
Jun 6, 2023 | Price Decreased |
$22,000
↓ $500
(2.2%)
|
|
Price Decreased | |||
Mar 29, 2023 | Price Decreased |
$22,500
↓ $1K
(6.2%)
|
|
Price Decreased | |||
Dec 14, 2022 | Listed by Philadelphia Homes | $23,975 | |
Listed by Philadelphia Homes |
Property Highlights
With View
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
House
4
Beds
1
Bath
1,632 ft²
$12/ft²
$20,000
Sep 16, 2015
$20,000
Sep 26, 2016
-
House
2
Beds
1
Bath
1,096 ft²
$16/ft²
$18,000
Feb 22, 2012
$18,000
Jan 18, 2013
-
Sold
Townhouse
2
Beds
1
Bath
819 ft²
$28/ft²
$23,000
Nov 8, 2017
$23,000
Dec 12, 2017
-
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