4133 Reno Street Philadelphia, PA 19104
**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)