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1692 North 54th Street

Philadelphia PA 19131

1746 sq. ft.
Land
Currently for sale - view listing

Overview

This vacant lot comes with an approved zoning permit for a stunning 4-story corner townhouse apartment, presenting a prime investment opportunity. The approved zoning permit allows for the construction of EIGHT meticulously designed one-bedroom units, each ranging from 510 to 642 square feet, offering comfortable and spacious living spaces. The building will feature a durable slab-on-grade foundation, providing a stable and cost-effective base for construction. The thoughtfully designed layout includes a side entrance leading to a centrally located staircase, naturally dividing each floor into two apartments, ensuring privacy and convenience for residents. Situated on a prominent corner, the future building will benefit from abundant natural light and excellent visibility. Active construction on the block adds vibrancy and momentum to the area, highlighting its growth potential and appeal. This rare opportunity combines flexibility for development with a location that promises appeal for residents or tenants. Bring your vision to life and create a standout property!

Features

1746 sq. ft. lot size
Land

Happy sellers in Philadelphia

90%
90% of sellers in Philadelphia reported that their sale price either exceeded or met their price expectations.

Philadelphia stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 8 reviews in Philadelphia over the last 12 months.

Local market activity for land plots in Philadelphia

In the last 12 months, 7 land plots similar to 1692 North 54th Street, have been sold.

This represents a 23% increase in land plots sales when compared to the previous 12 months.

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