Just Sold: $2,725,000
|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+.|
Frank L. DeFazio, JD (previously licensed to practice law in PA/NJ)
Berkshire Hathaway HomeServices Fox & Roach, REALTORS
530 Walnut Street, Suite 260
Philadelphia, PA 19106
PA License # RS299840
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Over 48 Million in 2014 sales!
2015, 2014 “America’s Best Real Estate Agents” a prestigious national award by Real Trends, Trulia and Zillow recognized in the Wall Street Journal