3340 Potter Street
Philadelphia, PA 19134
- 3 beds
- 1 bath
- 1,120 sqft
- 700 sqft lot
- $61 per sqft
- 1920 build
Investor's Dream – Prime Multi-Family Conversion Opportunity! Welcome to 3340 Potter St, a rare find in the heart of Philadelphia’s thriving real estate market. This RM1 zoned property offers incredible potential for investors and developers looking to convert a single-family home into a multi-family residence. Already cleaned and fully demoed, this property is a true blank canvas—just walk in and start your transformation. With RM1 zoning, you have the green light to create a multi-unit building (subject to city approval) that can maximize rental income and take advantage of Philadelphia’s growing demand for rental properties. The hard work is done—this home has already been stripped down, giving you a clean slate to design your dream investment project. Whether you're looking to add multiple units or explore other development possibilities, the potential here is endless. The location offers convenient access to major roadways, public transportation, and nearby amenities, ensuring long-term value and tenant appeal. Key Features:- RM1 Zoning for Multi-Family Conversion- Clean, Fully Demoed Interior—Ready for Renovation- Spacious layout for flexible unit configurations- Prime location with easy access to public transit and highways- Investor-friendly opportunity with high potential return on investment Accepting Cash or Hard Money Offers Only This is a fantastic opportunity for cash investors or those with access to hard money financing. Come see it today and bring your vision to life!
Listing courtesy of BRIGHT / The Greene Realty Group
Last checked:
Checking…
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Last updated Nov 20, 2024
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MLS# PAPH2421716 —
The Building
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Year Built:1920
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Year Built Source:Assessor
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New Construction:No
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Construction Materials:Masonry
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Structure Type:Twin/Semi-Detached
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Architectural Style:Other
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Levels:2
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Accessibility Features:None
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Foundation Details:Block
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Basement:Yes
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Basement Type:Unfinished
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Basement Footprint Percent%100.0
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Total SqFt Source:Assessor
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Total Below Grade SqFt Source:Assessor
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Above Grade Finished Area Units:Square Feet
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Above Grade Finished SqFt:1120
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Above Grade Finished SqFt Source:Assessor
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Below Grade Finished Area Units:Square Feet
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Below Grade Unfinished Area Units:Square Feet
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Below Grade Finished SqFt Source:Assessor
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Below Grade Unfinished SqFt Source:Assessor
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Tax Total Finished SqFt:1120
Interior
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Fireplace:No
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Living Area SqFt Source:Assessor
Room Dimensions
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Total SqFt:1120
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Living Area SqFt:1,120 Sqft
Financial & Terms
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Sale Type:Standard
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Acceptable Financing:Cash, Private, Other
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Possession:Immediate
Location
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Directions:2241 7/8 NE OF I ST
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Latitude:39.99908447
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Longitude:-75.11003113
The Property
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Property Type:Residential
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Lot Size Units:Square Feet
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Lot Size Acres:0.02
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Lot Size Source:Assessor
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Lot Size Dimensions:14.00 x 50.00
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Lot Dimensions Source:Assessor
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Lot SqFt:700 Sqft
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Zoning:RM1
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Other Structures:Above Grade, Below Grade
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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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Land Use Code:O30
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (860) 560-1006
- Office phone:
- (860) 560-1006
Taxes
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Tax ID Number:331414700
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Tax Year:2024
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Tax Lot:42
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Tax Annual Amount:$939
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Tax Assessed Value:$67,100
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Year Assessed:2024
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School Tax:525.0
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City/Town Tax:413.00
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Total Taxes Payment Frequency:Annually
Beds
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Bedrooms:3
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Upper Level Bedrooms:3
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Upper Level 1 Bedrooms:3
Baths
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Total Baths:1
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Full Baths:1
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Upper Level Full Baths:1
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Upper Level Total Baths:1
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Upper Level Total Baths:1.00
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Upper Level Full Baths:1
Heating & Cooling
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Cooling Type:Central A/C
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Central Air:Yes
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Cooling Fuel:Natural Gas
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Heating:Yes
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Heating Type:Forced Air
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Heating Fuel:Natural Gas
Utilities
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Sewer/Septic:Public Sewer
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Hot Water:Natural Gas
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Water Source:Public
Schools
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School District Name:Philadelphia City
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School District Source:Listing Agent
The Community
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Subdivision Name:None Available
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Senior Community:No
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Pool:No Pool
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HOA:No
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Condo/Coop Association:No
Parking
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Garage:No
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Type of Parking:On Street
Extra Units
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Vacation Rental:No
Monthly cost estimate
Asking price
$69,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$369
|
Taxes | $78 |
Insurance | $18 |
Utilities | $188 See report |
Total | $653/mo.* |
*This is an estimate |
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).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
11/19/24
Nov 19, 2024
|
Listed / Active | BRIGHT | $69,000 |