961 E Locust Avenue
Philadelphia, PA 19138
- – beds
- – baths
- – sqft
- 565 sqft lot
Welcome to 961 E Locust Ave, Philadelphia, PA 19138: A Buildable Vacant Lot in East Germantown Developers and investors, turn your attention to this 16 Ft x 35 Ft vacant lot, situated in the vibrant East Germantown neighborhood. This fantastic opportunity is nestled on a well-loved residential block and awaits your visionary touch. Zoned RM-1 (Residential Multifamily), the lot offers you the chance to construct a multifamily dwelling that complements the area's unique blend of historical charm and contemporary convenience. A highlight of this property is its strategic location. The convenience of public transit is merely a short walk away with several Septa bus stops in the vicinity. You'll also find numerous casual restaurants nearby, adding to the appeal for future residents seeking a diverse and vibrant local food scene. Essential amenities like grocery stores are within a comfortable walking distance, ensuring easy access for daily needs. Furthermore, the property is less than 1/2 mile from LaSalle University, bringing many of the university's amenities close to hand, including cultural events, learning opportunities, and more. Picture creating a multifamily home that caters to a broad spectrum of potential residents – from university staff and students to families and professionals. Given the site's zoning and the surrounding community's needs, this lot represents a promising investment opportunity. Whether you're a seasoned investor or a new builder looking to make an impact, 961 E Locust Ave presents a great opportunity for a successful real estate venture. Don't miss your chance to add this asset to your portfolio. Make your mark in East Germantown today!
Last checked:
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Last updated Jan 24, 2025
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MLS# PAPH2425670 —
The Building
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Historic:No
Financial & Terms
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Sale Type:Standard
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Acceptable Financing:Cash
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Possession:Immediate
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Lease Considered:No
Location
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Directions:Heading NE on W Chelten Ave, turn right onto Sprague St, continue 2 blocks, and turn right onto E Locust Ave. The property will be on your right.
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Cross Street:Devon St
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Latitude:40.04705429
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Longitude:-75.15994263
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Location Type:Urban
The Property
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Property Subtype:Land
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Property Type: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:0.01
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Lot Size Source:Assessor
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Lot Size Dimensions:16.00 x 35.00
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Lot Dimensions Source:Assessor
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Lot SqFt:565 Sqft
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Additional Parcels:No
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Zoning Description:Residential Multi-Family
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Zoning:RM1
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View:City, Street
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Horse:No
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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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Ground Rent Exists:No
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (215) 219-7749
- Office phone:
- (215) 948-2810
Taxes
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Tax ID Number:122079100
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Tax Year:2025
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Tax Lot:247
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Tax Annual Amount:$99
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Tax Assessed Value:$7,100
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Year Assessed:2025
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School Tax:55.0
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City/Town Tax:43.00
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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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Association Recreation Fee:No
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HOA:No
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Condo/Coop Association:No
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Transportation:Bus Stop 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).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
12/5/24
Dec 5, 2024
|
Listed / Active | BRIGHT | $16,000 |
