For Sale

Listed by Serge Maslennikov from Tesla Realty Group, LLC

Source: Bright MLS #PAPH2425418

1692 North 54th Street, Philadelphia, PA, 19131

$165,000

1746 sq. ft.

Land

30+ days on the market

What's around 1692 North 54th Street

About this property

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!

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