Philadelphia, PA 19128,271 DELMAR ST
Philadelphia, PA 19128,271 DELMAR ST
Philadelphia, PA 19128,271 DELMAR ST
Philadelphia, PA 19128,271 DELMAR ST
Philadelphia, PA 19128,271 DELMAR ST
Philadelphia, PA 19128,271 DELMAR ST
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$1,325,000

$1,100,000

20.5%
Est.Price: ?

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Est. payment /mo

0.66 Acres Lot


SOLD DATE : 06/23/2023

Key Details

Sold Price $1,325,000

Property Type Vacant Land

Sub Type Land

Listing Status Sold

Purchase Type For Sale

Subdivision Roxborough

MLS Listing ID PAPH2220074

Sold Date 06/23/23

HOA Y/N N

Originating Board BRIGHT

Annual Tax Amount $5,030

Tax Year 2022

Lot Size 0.659 Acres

Acres 0.66

Lot Dimensions 146.00 x 214.00

Property Description

Attention all investors and developers! This is an incredible opportunity to own a prime piece of real estate sitting on over 18,000 square feet of land in Roxborough with full entitlements approved and plans in place to build 8 brand-new townhomes. Each townhome will be an impressive 2660 square feet, featuring 4 bedrooms, 3 bathrooms, front yards, a private drive isle in the rear to access garage parking, and rooftop decks, making them highly desirable to potential buyers.

The best part? These stunning homes will be worth $725-750,000 each, bringing in a total of $5.8-6.0 million once they are built based on recent sales in the area. And that's not all - the rear 10,000 square feet lot can be sold as a package deal, offering even more potential for profit. With an easement in place to use the drive aisle from 271 Delmar to access the land, you have the opportunity to build 6-7 additional homes with a variance or even one large single-family home.

Located in the highly sought-after Roxborough neighborhood of Philadelphia, this property offers an amazing location that can't be beaten. Known for its charming tree-lined streets, bustling local business district on Main Street and Ridge Ave, and close proximity to downtown Philly, Roxborough is one of the most desirable neighborhoods in the city. With easy access to major highways and Regional Rail just a few blocks down the street, you'll have everything you need right at your fingertips. And with an abundance of parks, hiking trails, and outdoor activities nearby, you'll always have things to do.

Don't miss out on this incredible opportunity to build your portfolio and maximize your returns. PLEASE CONTACT LISTING AGENT FOR APPROVED PLANS AND PROFORMA!

Location

State PA

County Philadelphia

Area 19128 (19128)

Zoning RSA5

Exterior

Waterfront N

Water Access N

Garage N

Building

Sewer Public Sewer

Water Public

Schools

School District The School District Of Philadelphia

Others

Tax ID 212296710

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Ryan Stawasz • KW Philly
Bought with Michael Scipione • Coldwell Banker Realty
agent-avatar

+1(610) 420-7506

mk@movewithpridephl.com

1619 Walnut St 4th FL, Philadelphia, PA, 19103, United States

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