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1331 Grove St
Philadelphia, PA 19146

$60,000 USD

Land For Sale  •  0.02 AC

Property Details

  • Property Type Land
  • Lot Size 0.02 AC
  • Zoning RM-1
63 Transit Score
57 Walk Score

Description

Discover this 14' x 50' vacant lot, offering a total of 700 square feet in the up-and-coming Forgotten Bottom neighborhood of Philadelphia. With RM-1 zoning, the property is primed for residential development, allowing for multifamily use which can be used for a buy and hold investment or to build condos and sell them individually. This can be a great scenario for an owner occupant to build a multi-family property and live in one unit while renting the others out to help offset the mortgage. There is new construction already on the block and even more in the process of being built. As time goes on the block will continuously fill in with even more new construction homes making this a fantastic long term investment. Located just minutes from major thoroughfares, public transportation, and the Schuylkill River Trail, this parcel is a hidden gem for buyers and investors alike. The neighborhood is experiencing exciting growth, making this the perfect time to stake your claim. Don’t miss your chance to turn this blank canvas into a lucrative venture. Drive by and envision the possibilities, then make your offer today!

Highlights

?? Prime Vacant Lot
For Residential Development, Including Multifamily Use ??
Perfect For Buy-And-Hold Investors Or Condo Development ??
Ideal For Owner-Occupants To Build Multifamily And Offset Mortgage By Renting Units ??
Surrounded By New Construction, With Even More Projects In Progress On The Block ??
Fantastic Long-Term Investment With Increasing Neighborhood Growth ??

Property Flyers

Public Transportation

Commuter RailDriveWalkDistance
49Th Street (R3 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail)) 3 min - 1.2 mi
Philadelphia 30Th Street (Atlantic City Line - NJ Transit Commuter Rail (NJ Transit), R1 - NJ Transit Commuter Rail (NJ Transit), R2 - NJ Transit Commuter Rail (NJ Transit), R3 - NJ Transit Commuter Rail (NJ Transit), R5 - NJ Transit Commuter Rail (NJ Transit), R6 - NJ Transit Commuter Rail (NJ Transit), R7 - NJ Transit Commuter Rail (NJ Transit), R8 - NJ Transit Commuter Rail (NJ Transit)) 5 min - 2.4 mi
Transit/SubwayDriveWalkDistance
Woodland Avenue And 47Th Street (Route 11 - Southeastern Pennsylvania Transportation Authority Rapid Transit (SEPTA Subway & Trolley), Route 36 - Southeastern Pennsylvania Transportation Authority Rapid Transit (SEPTA Subway & Trolley)) 3 min 14 min 0.8 mi
49Th Street And Paschall Avenue (Route 36 - Southeastern Pennsylvania Transportation Authority Rapid Transit (SEPTA Subway & Trolley)) 3 min 14 min 0.8 mi
Woodland Avenue And 48Th Street (Route 11 - Southeastern Pennsylvania Transportation Authority Rapid Transit (SEPTA Subway & Trolley), Route 36 - Southeastern Pennsylvania Transportation Authority Rapid Transit (SEPTA Subway & Trolley)) 3 min 14 min 0.8 mi
Grays Avenue And 49Th Street (Route 36 - Southeastern Pennsylvania Transportation Authority Rapid Transit (SEPTA Subway & Trolley)) 3 min 16 min 0.9 mi
Grays Avenue And 51St Street (Route 36 - Southeastern Pennsylvania Transportation Authority Rapid Transit (SEPTA Subway & Trolley)) 4 min 19 min 1.0 mi
AirportDriveWalkDistance
Philadelphia International 17 min - 7.9 mi
Maria Quattrone 215-607-3535 RE/MAX
Maria Quattrone 215-607-3535 RE/MAX