Pending

Listed by Shaheedah TinsleyCobbs

Source: Bright MLS #PAPH2376674

802 North Preston Street, Philadelphia, PA, 19104

$60,000

1238 sq. ft.

Land

30+ days on the market

What's around 802 North Preston Street

About this property

This vacant lot at 802 N Preston Street presents an excellent development opportunity in Philadelphia's rapidly evolving Mantua neighborhood. The property's RM1 zoning allows for the construction of a multi-family building with up to four units, offering developers flexibility in design and unit mix. Situated in an area experiencing substantial new construction, this lot is well-positioned to capitalize on the neighborhood's growth and increasing desirability. The projected After Repair Value (ARV) of $750,000 to $800,000 for a completed project reflects the strong market potential in this location. For investors and developers seeking to enter or expand their presence in a transforming Philadelphia neighborhood, this lot offers the chance to create a custom-built property tailored to current market demands.

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