For Sale, USD 599,000
1711 W Jefferson Street, Philadelphia PA 19121, Philadelphia, Pennsylvania, United States
Property Type : Multi-Family Home
Property Style : N/A
Build Size : 1,936 ft² / 180 m²
Land Size : N/A
Bedroom : 13
Bathroom : 0
Half Bathroom : 0
MLS#: N/A
Property Description
Plan Approved! $250K+ Projected Income Per Year! This prime RM1-zoned corner property, spanning a rare 0.09-acre lot (42 ft x 94 ft), comes with zoning approval and plans for a 4-story building featuring approximately 4,000 sq. ft. per floor, 36 suites, and 2-car garage parking. With potential annual rental income exceeding $250,000+ and a post-completion value estimated at over $2.5M based on surrounding comps, this is a standout investment opportunity. Suites are projected to rent for $650-$750 per month, making this property ideal for student housing or traditional rentals in one of Philadelphia s fastest-growing areas. Surrounded by exciting new developments, this property offers a rare chance to capitalize on the booming Temple University market. Zoning permits and building plans are ready, and while the property is currently tenant-occupied, the tenant will be vacated before settlement. Don t miss this lucrative opportunity!
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1711 W Jefferson Street, Philadelphia PA 19121, United States,Pennsylvania,Philadelphia is a 1,936ft² Philadelphia luxury Multi-Family Home listed for sale USD 599,000. This high end Philadelphia Multi-Family Home is comprised of 13 bedrooms and 0 baths. Find more luxury properties in Philadelphia or search for luxury properties for sale in Philadelphia.