Residential Land for Sale in Philadelphia, Pennsylvania

1331 S Grove St Philadelphia, PA 19146

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$60,000
0.02 acres
Active sale agoEst $522/mo

Discover this 14' x 50' vacant lot, offering a total of 700 square feet in the up-and-coming Forgotten Bottom neighborhood of Philadelphia. With RM-1 zoning, the property is primed for residential development, allowing for multifamily use which can be used for a buy and hold investment or to build condos and sell them individually. This can be a great scenario for an owner occupant to build a multi-family property and live in one unit while renting the others out to help offset the mortgage. There is new construction already on the block and even more in the process of being built. As time goes on the block will continuously fill in with even more new construction homes making this a fantastic long term investment.

Located just minutes from major thoroughfares, public transportation, and the Schuylkill River Trail, this parcel is a hidden gem for buyers and investors alike. The neighborhood is experiencing exciting growth, making this the perfect time to stake your claim.

Don't miss your chance to turn this blank canvas into a lucrative venture. Drive by and envision the possibilities, then make your offer today!

Location

Street Address
1331 S Grove St
Community
Forgotten Bottom
School District
The School District of Philadelphia
Elevation
26 feet
Coordinates
39.938, -75.2013

Property details

MLS Number
TREND PAPH2420504
Date Posted

Property taxes

Recent
$1,042

Parcels

  • 010S100053

Resources

This 0.02-acre property is located at 1331 S Grove St in Philadelphia, PA 19146 with latitude 39.938 and longitude -75.2013. The property is currently available for sale for $60,000 with a price per acre of $3,000,000. Listing data is sourced from Bright MLS # PAPH2420504.

Verify sale details at the property source or contact RE/MAX @ Home at (800) 651-0800.

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Copyright (C) 2024 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Updated . Checked 1 hour ago. Parcel data by Regrid.

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