Just Reduced: 113-15 Arch St, Philadelphia, PA 19106

Just Reduced: $3,248,000

ZONING, PLANS AND PERMITS in place for 19 units – just show up and start work. Property is currently demoed and cleaned, ready for work to begin. 19 Unit Old City Development Opportunity! The property is centrally located at 113-15 Arch St. in Old City Philadelphia (Center City). The property measures approx. usable 22,435 square feet. Lot size is 48×100, total land is 4,876 SF and zoning is CMX-3. The subject property is conveniently located near public transport such as 2nd Street Station at Market St as well as the I-95 and I-676. The property is near various historic landmarks such as Independence Hall. Reach out to listing agent for pro forma or with any questions. ARV is 6-7mil as 19 unit rental building and income is 400k+.