1514-18 N American Street Philadelphia, PA 19122

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Seize the chance to invest in the rapidly growing Olde Kensington neighborhood, where new construction is already underway. This property comes with approved zoning plans for an ambitious development project. The plans include building 9 units with a mix of residential and commercial spaces: 8 residential units (1 two-bedroom, two-bathroom; 6 one-bedroom, one-bathroom; and 1 studio) plus 1 commercial space on the ground floor. The lot dimensions are 53 x 60 feet, totaling 3, 180 square feet. Additionally, there are approved plans for two new construction homes on adjacent parcels on N Bodine St. Each home will feature 3 bedrooms, 2.5 bathrooms, a finished basement, and a roof deck. Lot dimensions for each house are 16 x 60 feet, with a total of 960 square feet per lot. This location is ideally situated near the Frankford Ave corridor, with easy access to popular spots like Front Street Café, La Colombe Coffee, El Bar, and Suraya. It’s also close to Original 13 Ciderworks, El Greco Pizza, Punch Buggy, Hancock Playground, New Liberty Distillery, Que Chula Es Puebla, and Germantown Pizzeria. Don’t miss this outstanding opportunity to be part of Olde Kensington’s exciting growth!