2542 N Orianna Street,  Philadelphia PA, 19133

(Active)
$24,900
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MLS# PAPH854668
1of
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Last Updated: 12/11/2019 4:11 PM
Description for 2542 N Orianna Street Philadelphia, PA 19133
1 of 3 contiguous RM-1 lots for sale. each (SIDE BY SIDE) 12x39 totalling a footprint 36 wide and 39 deep. All three lots are available for $75,000. Each lot is only $25/yr for taxes. Incredibly close to the redevelopment in South Kensington as well as about a block from the americanstimprovementproject.com which is slated to be finished in December of 2020. (This project will positively impact the quality of life and the value of the real estate and neighborhoods that it intersects, with increased and improved walking paths & crosswalks, bike lanes, new trees, new lighting, as well as "revolutionary" stormwater infrastructure. that will positively impact the community.) Inventory in this area is at an all-time low due to increased demand, as South Kensington is maxed out for investors and developers. The lots are located in the next hot neighborhood and the RM-1 zoning offers a unique opportunity to build a multi-family dwelling to support this amazing growing community. Closely situated TempleU Campuses. New construction 1 bedroom comps (on the 2500 block of N Front St.) suggest rents are 1,045+/mo. 1 and 2 bedroom rents in the area for single-family not renovated homes range between 600-975/mo and 2 bedroom new construction rental comps are not available, YET. We welcome your questions and please feel free to drive by in addition to viewing the photos we have posted. Build - Rent - Hold - Sell seems like the winning formula here. Motivated seller. All offers will be presented.
Price
$24,900
Kensington
PHILADELPHIA
PAPH854668
Active
Description
1 of 3 contiguous RM-1 lots for sale. each (SIDE BY SIDE) 12x39 totalling a footprint 36 wide and 39 deep. All three lots are available for $75,000. Each lot is only $25/yr for taxes. Incredibly close to the redevelopment in South Kensington as well as about a block from the americanstimprovementproject.com which is slated to be finished in December of 2020. (This project will positively impact the quality of life and the value of the real estate and neighborhoods that it intersects, with increased and improved walking paths & crosswalks, bike lanes, new trees, new lighting, as well as "revolutionary" stormwater infrastructure. that will positively impact the community.) Inventory in this area is at an all-time low due to increased demand, as South Kensington is maxed out for investors and developers. The lots are located in the next hot neighborhood and the RM-1 zoning offers a unique opportunity to build a multi-family dwelling to support this amazing growing community. Closely situated TempleU Campuses. New construction 1 bedroom comps (on the 2500 block of N Front St.) suggest rents are 1,045+/mo. 1 and 2 bedroom rents in the area for single-family not renovated homes range between 600-975/mo and 2 bedroom new construction rental comps are not available, YET. We welcome your questions and please feel free to drive by in addition to viewing the photos we have posted. Build - Rent - Hold - Sell seems like the winning formula here. Motivated seller. All offers will be presented.
Listing Information
Property Type: Land
0.01 Acres 3O
Kensington
Public Water Service
Public Sewer
Neighborhood
Room Information
Exterior / Lot Features
12.00 x 39.00 individual>
RM1
Land
Driving Directions
on the 2500 block of N Orianna St
Financial Considerations
$25
2019
Listing Price History

Philadelphia Real Estate

Philadelphia is located in Pennsylvania. Philadelphia, Pennsylvania 19133 has a population of 1,578,455.

The median household income in Philadelphia, Pennsylvania 19133 is $16,049. The median household income for the surrounding county is $36,996 compared to the national median of $49,877. The median age of people living in Philadelphia 19133 is 36 years.

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Courtesy: Keller Williams Philadelphia
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This content last refreshed on 12/11/2019 4:11 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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