2842 N 9th St, Philadelphia, PA 19133

$499,000

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List Price
$499,000
Days on Market
51
MLS#
PAPH2634670
Status
ACTIVE
Type
Land
County
Philadelphia
Region
19133 (19133)
Neighborhood
Fairhill
Subdivision
Fairhill

Property Description

Exceptional development opportunity in the Fairhill neighborhood of North Philadelphia. This 12,594 SQFT RM-1 zoned vacant lot is fully approved and ready for immediate construction. Included are professionally prepared plans for a 33-unit multifamily building featuring a mix of 1-, 2-, and 3-bedroom residences, including ADA-accessible units, elevator service, a roof deck, green roof, 10 off-street parking spaces, an interior bike storage room, and a dedicated mail/package room designed for today’s urban lifestyle. The property comes with a comprehensive approval package already in place, including a zoning permit, street approval, post-construction stormwater management plan, complete ERSA Plan, City Certificate, environmental testing already completed, and includes the 2842-46 N 9th Street ERSA Plan and City Certificate—significantly reducing development risk and accelerating the path to construction. Conveniently situated near the Broad Street Line and North Philadelphia Station, the location provides easy transit access from NRG Station to Fern Rock Transportation Center. With continued growth and increasing housing demand in the area, this fully entitled project presents a compelling opportunity for developers and investors seeking strong long-term potential in one of Philadelphia’s rapidly transforming neighborhoods. Drive by today and submit your offer.

Additional Information

Acres
0.29
Lot Size
12,632
Taxes
$1,878

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Calculator source: Real Geeks

Listing courtesy of LPT Realty, LLC. Contact: 8773662213