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Central North Philadelphia Multifamily Development

1545 West Jefferson Street Philadelphia, PA 19121

1545 West Jefferson Street, Philadelphia, PA, 19121
$344,900
For Sale
$344,900

Shell ready development near Temple University with architectural plans.

Property Size3,604 SF
Price / SF$95.70
Days on Market179

Property Features for 1545 West Jefferson Street

General Information

Standard status
Active
Size
3,604 SF
Property subtype
Multi-Family / Fee Simple

Building Details

Year Built
1978
Listing Agency Realty Mark Associates
Listed by Natasha Ocasio · License #RS340647
Source Compass
Added: Jan 20 Checked: Jul 17 at 4:52 am

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 Realty Mark Associates


Investment Insights

Based on property information with market context.

Located in Central North Philadelphia, this property presents a multi-family investment opportunity minutes from Temple University. The property, zoned RM-1, includes architectural plans for a by-right development. The property has a total area of over 3,600 square feet. The development is planned for a total of five units, including four two-bedroom units and one studio unit. The location is transit-accessible, with proximity to SEPTA bus and regional rail lines. The projected rental income for the two-bedroom units is $1,750 per month each, totaling $7,000 per month. The studio unit is projected to generate $1,000 per month, bringing the total projected income to over $8,000 per month. The property is located in a high-demand rental area due to its proximity to Temple University. The location is near bus and subway stops.

Key Highlights

  • Ready‑to‑develop shell property with architectural plans included for a 5‑unit multi‑family building.
  • Zoned RM‑1, allowing for by‑right development, streamlining the building process.
  • Located in the rapidly growing Central North Philadelphia area, minutes from Temple University.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Bible Fellowship Church-God Church

Suggested Use

Law Firm Dental Office Building Supply Accounting Firm Real Estate Agency Auto Parts Store Kitchen & Bath Showroom Electrical Service HVAC Service (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Apartment building - Shell ready development near Temple University with architectural plans.
Where is this apartment building located?
The property is located at 1545 West Jefferson Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $344,900.
What are key features of this property?
This property features: Ready‑to‑develop shell property with architectural plans included for a 5‑unit multi‑family building.; Zoned RM‑1, allowing for by‑right development, streamlining the building process.; Located in the rapidly growing Central North Philadelphia area, minutes from Temple University.
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