Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1924
Sq.Footage
N/A
Attention developers and investors! LOCATION LOCATION LOCATION. Presenting a unique opportunity in the Riverside section of BOOMING Fishtown. Fantastic views of the Delaware River, Penn Treaty Park and the Ben Franklin Bridge. Package includes 8 parcels, (5 properties and 3 vacant lots - zoned RM1-multifamily). Opportunity for immediate cashflow from existing properties plus development of three contiguous lots measuring approx 54'x71'. RM1 should allow between 8-9 units by right in empty lots. Total of 109' frontage along Allen Street. Allen Street addresses are 331,329,327,325,323(323 and 325 Allen deeded together). 321 Allen Street(Lot) and 319 Allen Street(Lot) do not have addresses in city records and are deeded together with 318 Richmond Street. 331, 329, 327 Allen Street are on month to month leases. 325 Allen lease expires in August. 318 Richmond Street is vacant but ready to rent. Interior photos will be posted soon. All rents can be increased with minor work. Fantastic development opportunity.
Features & Amenities
Interior
Area & Lot
-
Lot Size(acres)
0.22
-
Property Type
Residential Income
-
Architectural Style
Converted Dwelling
Exterior
-
Garage
No
-
Construction Materials
Aluminum Siding, Stucco, Brick
-
Parking
On Street
Financial
-
Sales Price
$1,495,000
-
Tax Amount
2940.0
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Location
County
PHILADELPHIA
Elementary School
Middle School
High School
Listing Courtesy of Michael L Schiffman
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Owner, President, Investment Property Advisor
TheresaKehler
Call Theresa today to schedule a private showing.
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