Opportunity Zone Development
For Sale
$575,000
2707 Federal Street, Philadelphia, PA 19146
Approvals are in place to build up to 9 modern residential units in an Opportunity Zone at 2707 Federal Street.
Property SizeContact for details
Days on Market367
Property Features for 2707 Federal Street
General Information
Standard status
Active
Property subtype
Land / Fee Simple
Zoning
I2
Additional Details
Opportunity Zone
Yes
Taxes and HOA fees
Annual Taxes
$2,937
Listing Agency:
KW Empower
(856) 625-3238
Listed By:
Martino Picariello
(856) 625-3238
Source:
Compass
Added: Aug 12, 2025
Changed: Aug 8
Last Checked: Mar 25 at 7:59PM
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 KW Empower
Investment Insights
Based on property information with market context.
2707 Federal Street presents a development opportunity in a qualifying Opportunity Zone. The offering includes approvals and a stated potential to build up to 9 modern residential units, making it well-suited for builders, developers, and investors looking for a residential redevelopment project.
The property is described as being positioned within Grays Ferry, Philadelphia, in a corridor with new residential and mixed-use development underway nearby. The remarks also note convenient access to University City and Center City, along with Penn, Drexel, and CHOP.
This is a for-sale package centered on the approved residential buildout potential, with the project timeline and feasibility tied to the existing approvals for the proposed 9-unit development.
The property is described as being positioned within Grays Ferry, Philadelphia, in a corridor with new residential and mixed-use development underway nearby. The remarks also note convenient access to University City and Center City, along with Penn, Drexel, and CHOP.
This is a for-sale package centered on the approved residential buildout potential, with the project timeline and feasibility tied to the existing approvals for the proposed 9-unit development.
Key Highlights
- Located in a qualifying Opportunity Zone at 2707 Federal Street.
- Approvals in place to build up to 9 modern residential units.
- County: Philadelphia; MLS Area: 19146 (19146).
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
4,575
Businesses Nearby
Explore this area
Business Placement
Demographics for 19146, PA
41,920
Population
22,182
Households
1.9
Avg Household Size
34
Median Age
65%
College-Educated
94%
High-School Grad
1.7 sq mi
ZIP Area
24,659
Density / Sq Mi
$99,702
Median Household Income
$68,849
Median Earnings
$1,708
Median Rent
$452,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Apartment building - Approvals are in place to build up to 9 modern residential units in an Opportunity Zone at 2707 Federal Street.
Where is this apartment building located?
The property is located at 2707 Federal Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Located in a qualifying Opportunity Zone at 2707 Federal Street.; Approvals in place to build up to 9 modern residential units.; County: Philadelphia; MLS Area: 19146 (19146).
