846 22Nd St Philadelphia, PA 19130
- Commercial real estate
Current Use by Public Records
- Commercial real estate
Property Details for 846 22Nd St
- Property type
- Commercial real estate
Description
Exceptional investment opportunity awaits in Philadelphia's desirable Fairmount neighborhood. This 2,548 square foot lot boasts approved RM1 zoning for a six-unit apartment building, encompassing approximately 8,000 square feet of total building space. The approved plans detail a sophisticated design featuring three spacious 3-bedroom, 3.5-bathroom units and three equally desirable 2-bedroom, 2.5-bathroom units. This thoughtfully planned development maximizes space and style, catering to the high demand for luxury living in this vibrant area. The building's design incorporates a roof deck, adding further appeal and value. Located at 846 N 22nd St, Philadelphia, PA 19130, this property presents a rare chance to capitalize on the thriving Fairmount real estate market. The asking price is $850,000. Broker co-op is available. This is a turnkey opportunity for developers seeking a prime location and approved plans for a lucrative multi-unit residential project.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Philadelphia
- State
- Pennsylvania
- Longitude
- -75.1738036
- Latitude
- 39.9708519
