$68,500
Active
63 Days Online
0 Beds0 Baths0 SQFT
Active

4133 Reno Street Philadelphia, PA 19104

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**Prime Development Opportunity in a Top Philadelphia Location!** This is an incredible chance to acquire a shovel-ready duplex lot in one of Philadelphia's most sought-after zip codes. The seller is very cooperative and ready to make a deal! The lot is approved for two spacious 3-bedroom, 3-bathroom units, with one unit featuring a stunning open roof deck. Each bedroom has its own bathroom, making these units particularly desirable compared to others being built in the area. 3-bedroom units are rated for Section 8 at $2, 136 per month, offering excellent rental income potential. Situated in a Philadelphia Opportunity Zone, this property also comes with a 10-year tax abatement, enhancing its investment appeal. Due to recent zoning changes, this is one of the last remaining multi-development opportunities in the area, as most properties have been rezoned to single-family. Recent comparable sales include: - 4506 Merion Ave, 19104: Sold for $557k - 614 N Union, 19104: Sold for $717k Both properties serve as solid examples of successful duplex developments nearby. Don’t miss out on this rare opportunity to invest in a prime location!

  • Property TypeLand
  • NeighborhoodN/A
  • CountyPhiladelphia
  • Taxes$272
  • HOA/Condo/Coop Fees$0
  • Days on Site63 Days
  • MLS StatusActive
  • MLS ID NumberPAPH2387170
  • Home Size Source N/A
  • Year BuiltN/A
  • Lot Size0.02 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Sewer Public Sewer
  • Acreage 0.02
  • Water Public
  • Property Sub Type Unimproved Land
  • Attached Garage No
  • Zoning RM1

Exterior Features

  • Spa No
  • Waterfront Property No

Community Features

  • MLS Area 19104 (19104)

Schools

School District
THE SCHOOL DISTRICT OF PHILADELPHIA
Elementary School
Unknown
Middle School
Unknown
High School
Unknown

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Monthly Payment (Est.)

$344
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