5805-11 E WISTER Street Philadelphia, PA 19138

Listing agency HomeSmart Realty Advisors b***@revorealtygroup.com Show Phone

Listed by Gazi Ataseven · License #RM426020 Show Phone

Added: Mar 2 Updated: Jun 9 at 11:43AM Checked: Jul 23 at 4:06AM

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MLS# PAPH2586652

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Investment Insights

Based on property information with market context.

This is a development opportunity to construct an 18-unit residential building on a vacant lot of nearly 6,000 square feet. The property is located near La Salle University. Approved plans and permits are included, and the site is ready for construction, including MEP. The location is within walking distance of the university's main campus and directly behind a shopping center, with access to public transportation. The approved unit mix includes 8 units with 2 bedrooms and 2 bathrooms, and 10 large 1-bedroom, 1-bathroom units. The projected rental income is approximately $30,000 per month. The property is located in Philadelphia, PA, with a lot size of 0.1377 acres.

Key Highlights

• Approved 18‑unit residential development project near La Salle University.
• Shovel‑ready with approved plans, permits, and MEP, allowing immediate construction.
• Strategically located walking distance to La Salle University and near amenities/public transportation.

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FAQs

What type of property is this?

Land - Approved 18-unit project near La Salle University.

Where is this land located?

The property is located at 5805-11 E WISTER Street Philadelphia, PA.

What is the asking price?

The asking price for this property is $375,000.

What are key features of this property?

This property features: Approved 18‑unit residential development project near La Salle University.; Shovel‑ready with approved plans, permits, and MEP, allowing immediate construction.; Strategically located walking distance to La Salle University and near amenities/public transportation.