580511 E Wister Street, Philadelphia, PA 19138 (MLS # PAPH2428462)

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Price $399,000 Status Active Beds 0 Baths 0 Bath Home size n/a Lot Size 6,099 sqft Days on Market 25

Prime Development Opportunity Near La Salle University - 18 Units with Approved Plans and Permits This is an exceptional chance to develop an 18-unit residential property on a nearly 6,000 sq. ft. vacant lot, ideally located just steps from La Salle University. The land will be delivered with approved plans and permits, ready for immediate development of your dream project. Key Features: Location: Directly behind a shopping center and close to public transportation, ensuring easy access to amenities and enhancing the appeal for potential tenants. Land Size: Nearly 6,000 sq. ft. Approved Plans: 18 units with all permits in place to start construction immediately. Unit Breakdown: 8 units - 2 Bedrooms, 2 Bathrooms 10 units - Large 1 Bedroom, 1 Bathroom Projected Rental Income: Estimated monthly rental income of $30,000, offering a strong return on investment. This property has been carefully designed to maximize rental income and offer desirable living spaces for future tenants. Whether you're an experienced developer or an investor looking to secure a prime asset in a growing area, this is an opportunity you won't want to miss. Drive by the property today and make your offer! 10 UNITS ARE EXTREMELY LARGE 1 BED &1 BATH. YOUR PROJECTED RENTAL INCOME WOULD BE AROUND 30,000$ MONTHLY. DRIVE BY AND MAKE AN OFFER

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Data last updated: 1/9/25 2:31 PM PST

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