Residential Land for Sale in Philadelphia, Pennsylvania
1331 S Grove St Philadelphia, PA 19146
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
- County
- Philadelphia County
- Community
- Forgotten Bottom
- School District
- The School District of Philadelphia
- Elevation
- 26 feet
Property details
- MLS Number
- TREND PAPH2420504
- Date Posted
Property taxes
- Recent
- $1,042
Parcels
- 010S100053
Resources
Detailed attributes
Listing
- Type
- Land
- Franchise
- RE/MAX International
Listing history
Date | Event | Price | Change | Source |
---|---|---|---|---|
Nov 18, 2024 | New listing | $60,000 | — | TREND |