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  • $105,000

    2623 Reed St, Philadelphia, PA 19146

    --beds
    --baths
    970Square Feet
    Unimproved Land
    Built in ----
    970 sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Incredible opportunity in an ideal location of Grays Ferry! The lot itself is close to Point Breeze, Graduate hospital and University City. This location is less than one block from a community garden and walkable to center city for nightlife. There are multiple new construction homes within blocks, so this property is ready for a savvy investor to develop a great home. With large yard, and plenty of options for designs and layout, the size of this lot is much larger than the others that sold for over $500k. With the adjacent lot also for sale by the same Seller, economies of sale can help decrease costs to build, and help increase ARV. Projected return is nearly 24%. Don't miss this awesome investment opportunity! Also available as a package deal with 2625 Reed St.

    Zillow last checked: 7 hours ago

    Listing updated: November 27, 2024 at 02:31am

    Listed by:

    Dylan Collie 215-622-5110,

    KW Empower

    Bought with:

    Thomas Wenger

    Keller Williams Realty - Moorestown

    Source: Bright MLS,MLS#: PAPH2399336MLS Logo

    Facts & features

    Property

    Lot
    • Size: 970 sqft
    • Dimensions: 15.00 x 64.00
    Details
    • Additional parcels included: 2625 Reed is identical, and adjacent. It is available for same price.
    • Parcel number: 362112100
    • Zoning: RSA5
    • Special conditions: Real Estate Owned

    Utilities & green energy

    • Sewer: Public Hook/Up Avail
    • Water: Public

    Community & neighborhood

    Location
    • Region: Philadelphia
    • Subdivision: Grays Ferry
    • Municipality: PHILADELPHIA

    Other

    Other facts
    • Listing agreement: Exclusive Agency
    • Listing terms: Conventional,Cash,FHA
    • Ownership: Fee Simple
    Services availability