430 N 62nd Street
Philadelphia, PA 19151
- – beds
- – baths
- – sqft
- 5,000 sqft lot
Prime Multi-Family Development Opportunity – RM1 Zoned 3-Parcel Lot! Builders & investors, don’t miss this oversized, 5,000 SQFT (50’x100’) multi-family zoned lot (RM1) in one of Philadelphia’s most strategically located areas! Sitting directly across from the legendary Jim’s Steaks, this level, rectangular lot is a rare find in the thriving Haddington neighborhood. Ideal for multi-family development, Lot Size: 5,000 SQFT (0.1148 acres) – Oversized for added value. The Frontage is 50 feet, Depth 100 feet. Topography, Level – Ready for immediate construction Tax Incentives include Eligibility for a 10-Year Tax Abatement (must apply prior to beginning construction). This is an Outstanding Affordable Housing Investment Opportunity! Philadelphia’s Housing Choice Voucher (Section 8) waiting list has over 25,000 recipients actively seeking qualifying units, making this an incredible chance to develop much-needed affordable housing while securing guaranteed rental income directly from the government. Unbeatable Location & Accessibility with Public Transit Access. 13-minute walk to Lansdowne Ave & 62nd St stop (10 trolley to 13th-Market/63rd-Malvern). Market-Frankford Line is a short walk with Just 10 minutes to University City & 20 minutes to Center City. Get anywhere on Main Line & Delaware County via 63rd street and access PHL Airport in 20-30 minutes depending on traffic. Green spaces include: Near Carroll Park Playground, Haddington Rec Center, Cobbs Creek Park & Haddington Park. CASH ONLY - Contact today to secure this prime investment!
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Last updated Mar 20, 2025
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MLS# PAPH2459432 —
Financial & Terms
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Sale Type:Standard
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Acceptable Financing:Cash
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Possession:31-60 Days CD
Location
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Directions:GPS
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Latitude:39.96933365
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Longitude:-75.24356079
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:0.11
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Lot Size Source:Estimated
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Lot SqFt:5,000 Sqft
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Additional Parcels:Yes
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Additional Parcels:430, 432, 434 N 62nd Street Are All Included In This Sale
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Zoning Description:RM1
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Zoning:RM1
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Waterview: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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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (610) 551-4844
- Office phone:
- (610) 551-4844
Taxes
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Tax ID Number:341231100
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Tax Year:2025
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Tax Lot:33
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Tax Annual Amount:$1,013
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Tax Assessed Value:$72,400
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Year Assessed:2025
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School Tax:567.0
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City/Town Tax:445.00
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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:Listing Agent
The Community
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Subdivision Name:Haddington
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HOA:No
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Condo/Coop Association:No
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Transportation:Airport less than 10 miles, Bus Stop less than 1 mile, Metro/Subway Station less than 1 mile
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 |
|---|---|---|---|---|
|
3/20/25
Mar 20, 2025
|
Listed / Active | BRIGHT | $74,900 |
