Pending
1331 S Grove St
Philadelphia PA, 19146
$60,000
$85.71 per sqft
Pending
0.02 Acres
Land
Discover this 14' x 50' vacant lot, offering a total of 700 square feet in the up-and-coming Forgotten Bottom neighborhood of Philadelphia. With RM-1 zoning, the property is primed for residential development, allowing for multifamily use which can be used for a buy and hold investment or to build condos and sell them individually. This can be a great scenario for an owner occupant to build a multi-family property and live in one unit while renting the others out to help offset the mortgage. There is new construction already on the block and even more in the process of being built. As time goes on the block will continuously fill in with even more new construction homes making this a fantastic long term investment.
Located just minutes from major thoroughfares, public transportation, and the Schuylkill River Trail, this parcel is a hidden gem for buyers and investors alike. The neighborhood is experiencing exciting growth, making this the perfect time to stake your claim.
Don't miss your chance to turn this blank canvas into a lucrative venture. Drive by and envision the possibilities, then make your offer today!
PAPH2420504
MLSⓇ ID
November 18, 2024
Listed
December 4, 2024
Updated
Map
1331 S Grove St
Philadelphia PA, 19146
Exterior/Building Features
Lot Size
0.02 Acres
Sewer
Public Sewer
School Information
School District
THE SCHOOL DISTRICT OF PHILADELPHIA
Other Property Details
Area Name
PHILADELPHIA
Taxes
$1,042
Tax Frequency
Annually
Days on Market
17
Garage
No
View
Yes
View Description
Street
County
PHILADELPHIA
Water Source
Public
Pool
No
Listing History
Date | Event | Price |
---|---|---|
12/4/2024 | Pending | — |
Listed by RE/MAX @ HOME
Listing Contact: 2156073523
The IDX display contains information sourced from the Bright MLS, Inc. as of 12/4/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
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Data last updated on 12/4/2024 at 11:12 PM UTC