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25-Unit Multifamily Development Opportunity

6007-11 Hazel Avenue Philadelphia, PA 19143

6007-11 Hazel Avenue, Philadelphia, PA, 19143
$350,000
For Sale
$350,000

Zoning-approved plan for a four-story, 25-unit residential building with a studio to two-bedroom mix.

Days on Market29

Property Features for 6007-11 Hazel Avenue

General Information

Standard status
Active
Property subtype
Multifamily

Building Details

Year Built
1925
Listing agency MPN Realty, Inc.
Listed by Samantha Miller · License #RS352351
Source Mpnrealty
Added: Jun 24 Updated: Jul 10 at 2:07PM Checked: Jul 21 at 3:50AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of MPN Realty, Inc.


Investment Insights

Based on property information with market context.

6007–6011 Hazel Avenue (also known as Hazel Homes) presents a zoning-approved, 25-unit multifamily development opportunity. The approved plan calls for a four-story residential building with unit mix comprised of 5 studios, 8 one-bedroom/one-bath units, and 12 two-bedroom/two-bath units.

The property is located within a Qualified Opportunity Zone and is outside of the MIN overlay. It is situated along Hazel Avenue, in an area characterized by ongoing multifamily and mixed-use development, with accessibility to major employment centers including the University of Pennsylvania, transit, and local amenities. Cobbs Creek Golf Course is noted as being just blocks away.

For investors and developers, this offering includes available development documentation such as lot consolidation, a geotechnical report, ERSA, ROW materials, a stormwater plan, and a tree replacement plan. Buyers can review the provided materials to evaluate the approved residential concept and the next steps associated with the development package.

Key Highlights

  • Zoning‑approved plan for a four‑story, 25‑unit residential building at 6007–6011 Hazel Avenue (Hazel Homes)
  • Proposed unit mix: 5 studios, 8 one‑bedroom/1‑bath, and 12 two‑bedroom/2‑bath
  • Located within a Qualified Opportunity Zone (QOZ)

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Law Firm Real Estate Agency Dental Office Gym & Fitness Center Skin Care Clinic HVAC Service Electrical Service Acupuncture (Bike/Boat/Book/etc) Store Building Supply

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Zoning-approved plan for a four-story, 25-unit residential building with a studio to two-bedroom mix.
Where is this apartment building located?
The property is located at 6007-11 Hazel Avenue Philadelphia, PA.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Zoning‑approved plan for a four‑story, 25‑unit residential building at 6007–6011 Hazel Avenue (Hazel Homes); Proposed unit mix: 5 studios, 8 one‑bedroom/1‑bath, and 12 two‑bedroom/2‑bath; Located within a Qualified Opportunity Zone (QOZ)
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