2602 S 60th Street
Philadelphia, PA 19142
- – beds
- – baths
- – sqft
- 1,152 sqft lot
In the midst of Philadelphia's thriving real estate market, a rare opportunity awaits for savvy investors and developers: a multifamily vacant lot large enough for a 3 unit apartment. This parcel of land presents a blank canvas for creating a lucrative multifamily property. With its proximity to public transportation, local amenities, and thriving commercial corridors, this lot is poised to yield a significant return on investment. Imagine a modern apartment complex, complete with sleek amenities and Energy Star-rated appliances, rising from the ground to cater to the city's growing demand for quality housing. By capitalizing on this vacant lot, entrepreneurs can unlock the potential for a lucrative rental income stream, while also contributing to the revitalization of Philadelphia's urban landscape. RM1 zoned. Selling as-is and cash only.
Last checked:
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Last updated Oct 17, 2024
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MLS# PAPH2352148 —
Financial & Terms
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Sale Type:Standard
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Acceptable Financing:Cash
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Possession:Settlement
Location
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Directions:gps
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Latitude:39.92564392
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Longitude:-75.22225189
The Property
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Property Type:Land
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Property Subtype:Land
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Current Use:Vacant
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Lot Size Units:Square Feet
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Lot Size Acres:0.03
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Lot Size Source:Assessor
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Lot Size Dimensions:16.00 x 72.00
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Lot Dimensions Source:Assessor
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Lot SqFt:1,152 Sqft
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Additional Parcels:Yes
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Zoning Description:multifamily
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Zoning:RM1
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Water View:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Farm Land Preservation:No
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Land Use Code:SR
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Ground Rent Exists:No
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (973) 224-5115
- Office phone:
- (856) 267-3829
Taxes
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Tax ID Number:402030200
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Tax Year:2024
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Tax Lot:4035
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Tax Annual Amount:$254
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Tax Assessed Value:$18,200
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Year Assessed:2024
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School Tax:142.0
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City/Town Tax:112.00
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Total Taxes Payment Frequency:Annually
Utilities
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Sewer/Septic:Public Sewer
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Water Source:Public
Schools
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School District Name:The School District Of Philadelphia
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School District Source:3rd Party
The Community
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Subdivision Name:Philadelphia (Southwest)
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Association Recreation Fee:No
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HOA:No
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Condo/Coop Association:No
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Municipal Trash:Yes
Extra Units
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Vacation Rental:No
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
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9/4/24
Sep 4, 2024
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Price Changed | BRIGHT | $45,000 | -8.2% |
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5/7/24
May 7, 2024
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Listed / Active | BRIGHT | $49,000 |
