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US
PA
Philadelphia
19121
19121
W76° 50' 9.2''
N39° 58' 35.1''
Contact Info
Alina Xie
3043273
Property Description

Plan Approved! 250K Projected Income Per Year! This prime RM1-zoned corner property, spanning a rare 0.09-acre lot (42 ft x 94 ft), comes with zoning approval and plans for a 4-story building featuring approximately 4,000 sq. ft. per floor, 36 suites, and 2-car garage parking. With potential annual rental income exceeding 250,000 and a post-completion value estimated at over 2.5M based on surrounding comps, this is a standout investment opportunity. Suites are projected to rent for 650-750 per month, making this property ideal for student housing or traditional rentals in one of Philadelphia s fastest-growing areas. Surrounded by exciting new developments, this property offers a rare chance to capitalize on the booming Temple University market. Zoning permits and building plans are ready, and while the property is currently tenant-occupied, the tenant will be vacated before settlement. Don t miss this lucrative opportunity!

1711 W Jefferson Street

Philadelphia, Pennsylvania 19121, United States

  • Bedrooms : 13
  • Square Footage: 3,920.40 Sqft
$599,000
Listing ID#16786
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Basic Details
Property Type : Residential
Listing Type : Active
Listing ID : 16786
Ref ID : 395774039
Price : $599,000
Bedrooms : 13
Square Footage : 3,920.40 Sqft
Lot Area : 0.09 Sqft
MLS : PAPH2436302
Office ID : PA301-047
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Agent info
Alina Xie
Fox & Roach, REALTORS
Fox & Roach, REALTORS
Contact Agent