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

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