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Listed by Cree McGee • Prime Realty Partners
$ 52,000
Est. payment /mo
Price Dropped by $3K
1230 W ERIE AVE Philadelphia, PA 19140
1,550 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
Subdivision Franklinville
MLS Listing ID PAPH2532438
HOA Y/N N
Annual Tax Amount $499
Tax Year 2025
Lot Size 1,550 Sqft
Acres 0.04
Lot Dimensions 16.00 x 100.00
Property Sub-Type Land
Source BRIGHT
Property Description
Opportunity awaits with this RM1 zoned vacant lot in Philadelphia's 19140 zip code. RM1 zoning allows for the construction of a multifamily dwelling, making this a perfect project for developers and investors looking to build rental units or a multi-unit home in a growing area. Easily a triplex by right! New construction home 1204 W. Erie Ave sold for over $645k just a flew blocks over, this is a HUGE value add opportunity. Situated in a convenient location with access to public transportation, schools, shops, and major roadways, this parcel offers excellent potential for long-term income and value appreciation. Bring your plans, your vision, and start building your next investment today!
Location
State PA
County Philadelphia
Area 19140 (19140)
Zoning RM1
Exterior
Water Access N
Garage N
Building
Sewer Public Sewer
Water Public
Schools
School District Philadelphia City
Others
Tax ID 432057100
Ownership Fee Simple
Acceptable Financing Cash, Other
Horse Property N
Listing Terms Cash, Other
Financing Cash,Other
Special Listing Condition Standard
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Andrea Ronca
Realtor | Licensed in NJ & PA | License ID: 0569187 NJ | 300377 PA
+1(856) 577-6991 | andrearonca@kw.com