5805 11 E Wister Street
Philadelphia, PA 19138
- – beds
- – baths
- – sqft
- 6,000 sqft lot
Prime Development Opportunity Near La Salle University – 18 Units with Approved Plans and Permits This is an exceptional chance to develop an 18-unit residential property on a nearly 6,000 sq. ft. vacant lot, ideally located just steps from La Salle University. The land will be delivered with approved plans and permits, ready for immediate development of your dream project. Key Features: Location: Directly behind a shopping center and close to public transportation, ensuring easy access to amenities and enhancing the appeal for potential tenants. Land Size: Nearly 6,000 sq. ft. Approved Plans: 18 units with all permits in place to start construction immediately. Unit Breakdown: 8 units – 2 Bedrooms, 2 Bathrooms 10 units – Large 1 Bedroom, 1 Bathroom Projected Rental Income: Estimated monthly rental income of $30,000, offering a strong return on investment. This property has been carefully designed to maximize rental income and offer desirable living spaces for future tenants. Whether you’re an experienced developer or an investor looking to secure a prime asset in a growing area, this is an opportunity you won’t want to miss. Drive by the property today and make your offer! 10 UNITS ARE EXTREMELY LARGE 1 BED &1 BATH. YOUR PROJECTED RENTAL INCOME WOULD BE AROUND 30,000$ MONTHLY. DRIVE BY AND MAKE AN OFFER
Last checked:
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Last updated Dec 17, 2024
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MLS# PAPH2428462 —
Financial & Terms
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Sale Type:Standard
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Possession:Immediate
Location
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Directions:GPS
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Cross Street:CONLYN STREET
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Latitude:40.04075000
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Longitude:-75.15840000
The Property
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Property Type:Land
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Property Subtype:Land
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Current Use:Land/Lot Only
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Lot Size Units:Square Feet
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Lot Size Acres:0.14
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Lot Size Source:Estimated
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Lot SqFt:6,000 Sqft
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Additional Parcels:No
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Zoning:LOTS
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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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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (267) 774-6886
- Office phone:
- (215) 604-1191
Taxes
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Tax ID Number:172529400
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Tax Year:2015
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Tax Lot:46
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Tax Annual Amount:$126
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Tax Assessed Value:$9,400
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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:West Oak Lane
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HOA:No
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 |
|---|---|---|---|---|
|
12/16/24
Dec 16, 2024
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Listed / Active | BRIGHT | $399,000 |
