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Are you a developer looking for your next large project? look no more! Zoning approved project in the Germantown section of Philadelphia. Zoning permit in hand, approved for multi-family with: 111 Dwelling units. 42 Parking spaces , 4 Accessible spaces (including 1 van), 3 Electric van spaces, 45 1A class bicycle spaces Lot area 99,798.7 SF (2.29 AC) Units Breakdown: Lower level: Lobby & Utility 1st Floor: Office, 23 units of 1 Bedroom, 13 units of 2 Bedrooms = 36 Units total 2nd Floor: 25 units of 1 Bedroom, 13 units of 2 Bedrooms = 38 Units total 3rd Floor: 23 units of 1 Bedroom, 13 units of 2 Bedrooms, 1 unit of 3 Bedrooms = 37 Units total Total Units Count: 111 Units. LOW estimated rents: 1 Bed 1 bath $1,015 2 Beds 1 bath $1,250 3 Beds 1 bath $1,450 With the above projection, the building is expected to generate approximately $72,065 from 1 bed units $48,750 from 2 beds units $1,450 from 3 beds unit Total monthly expected rents: $122,265 ; Yearly excepted gross rent $1,467,180 Medium to higher rents should bring additional 10-15%. Additional income from parking is also expected. With such incredible numbers, don't wait and make your move TODAY!
Property Type(s):
Commercial
| Last Updated | 4/21/2025 | Tract | WISTER |
|---|---|---|---|
| Year Built | 0 | Community | 19141 (19141) |
| County | PHILADELPHIA |
SCHOOLS
| School District | PHILADELPHIA CITY |
|---|
Additional Details
| AIR | None |
|---|---|
| AREA | 19141 (19141) |
| HEAT | None |
| LOT | 2.29 acre(s) |
| LOT DESCRIPTION | Back Yard, Cleared, Corner Lot |
| LOT DIMENSIONS | 345.00 x 217.00 |
| PARKING | Private, Parking Lot |
| SEWER | Public Sewer |
| SUBDIVISION | WISTER |
| TAXES | 10100 |
| WATER | None |
Location
Listing provided by Victory Real Estate, LLC
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Keller Williams participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than Keller Williams are marked with the IDX icon and detailed information about each listing includes the name of the listing broker.
2025 BRIGHT, All Rights Reserved. Information Deemed Reliable But Not Guaranteed. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.
Data last updated: 4/22/25 7:19 AM PDT
This IDX solution is (c) Diverse Solutions 2025.
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