Property

Philadelphia, PA 19138 961 E Locust Avenue

961 E Locust Avenue Philadelphia, PA - Image 1961 E Locust Avenue Philadelphia, PA - Image 2
Presented By: Philadelphia Homes
  • MLS# PAPH2425670
  • 12/05/2024
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Home Details

Welcome to 961 E Locust Ave, Philadelphia, PA 19138: A Buildable Vacant Lot in East Germantown Developers and investors, turn your attention to this 16 Ft x 35 Ft vacant lot, situated in the vibrant East Germantown neighborhood. This fantastic opportunity is nestled on a well-loved residential block and awaits your visionary touch. Zoned RM-1 (Residential Multifamily), the lot offers you the chance to construct a multifamily dwelling that complements the area's unique blend of historical charm and contemporary convenience. A highlight of this property is its strategic location. The convenience of public transit is merely a short walk away with several Septa bus stops in the vicinity. You'll also find numerous casual restaurants nearby, adding to the appeal for future residents seeking a diverse and vibrant local food scene. Essential amenities like grocery stores are within a comfortable walking distance, ensuring easy access for daily needs. Furthermore, the property is less than 1/2 mile from LaSalle University, bringing many of the university's amenities close to hand, including cultural events, learning opportunities, and more. Picture creating a multifamily home that caters to a broad spectrum of potential residents from university staff and students to families and professionals. Given the site's zoning and the surrounding community's needs, this lot represents a promising investment opportunity. Whether you're a seasoned investor or a new builder looking to make an impact, 961 E Locust Ave presents a great opportunity for a successful real estate venture. Don't miss your chance to add this asset to your portfolio. Make your mark in East Germantown today!
Presented By: Philadelphia Homes

General for 961 E Locust Avenue

Acceptable FinancingCash
Additional Parcels Y/NNo
Association Recreation FeeN
CityPHILADELPHIA
Clean Green Assessed Y/NNo
Condo/Coop Association Y/NNo
CountyPHILADELPHIA
Current UseLand/Lot Only
DirectionsHeading NE on W Chelten Ave, turn right onto Sprague St, continue 2 blocks, and turn right onto E Locust Ave. The property will be on your right.
DisclosuresAgent Related to Owner
HOANo
Historic Y/NNo
Lease Considered Y/NNo
Location TypeUrban
Lot Size Square Feet565.00
Lot Size UnitsSquare Feet
MLS Area19138 (19138)
ModificationTimestamp2025-03-26T09:30:23
MunicipalityPHILADELPHIA
OwnershipFee Simple
PossessionImmediate
Possible UseDevelopment, Residential, Other
Price Per Sq Ft Total AG28.32
Property SubtypeLand
Property TypeLand
School DistrictTHE SCHOOL DISTRICT OF PHILADELPHIA
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Tax Annual Amount99.0
Tax Assessed Value7100.0
Tax Lot247
Tax Year2025
TransportationBus Stop less than 1 mile
Vacation Rental Y/NNo
ViewCity, Street
Water Access Y/NNo
Waterfront Y/NNo
ZoningRM1

Exterior for 961 E Locust Avenue

Horse Y/NNo
Land Use CodeSR
Lot Dimensions16.00 x 35.00
Lot Size Acres0.01
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo

Additional Details

Price History

Tina Torres

Broker/Owner
Price $15,999
MLS#PAPH2425670
List Date 12/05/2024
Property Type Land
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