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8450 Pine Road

PHILADELPHIA, PA 19111
  • $1,100,000
  • STATUS: Active
  • ON SITE: 86 Days
  • ID#: PAPH2300998
UPDATED: 76 min ago
$1,100,000
  • 0
    BEDS
  • 3.38
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:

School Ratings & Info

Description

For Sale: Prime 3+ Acre Property with RSD-1 ZoningPlease note : No Zoning information herein should be taken as fact, and any potential buyer is encouraged to seek counsel from a qualified zoning attorney as to the legal permissibility of any and all construction activities on or to the subject improvements and lot.This expansive property offers an exceptional opportunity for developers or investors seeking a lucrative venture. Boasting RSD-1 Zoning, the parcel permits the construction of 10 single-family detached homes with street frontage without the need for variances, though the buyer should seek counsel from a qualified zoning attorney confirm the legal permissibility any development activity. Per the seller's interpretation of the code (see attached document from licensed architect) the land is ready for immediate subdivision and development, allowing builders to commence construction without hurdles.Additionally, the property features a currently rented single-family home with detached 3 car garage as well as a separate workshop generating $2500/month on a month to month lease. This existing structure can either continue generating income for the new owner or can be delivered vacant.Ideal for those looking to capitalize on residential development in a sought-after area, this property presents a blend of immediate income potential and significant future development possibilities.

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©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Lisa Mathena Group. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-02-23T23:51:53.263.
www.lisasellsdelaware.com/homes/145561653
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8450 Pine Road PHILADELPHIA, PA 19111

  • Price: $1,100,000
  • Status: Active
  • On Site: 86 Days
  • Updated: 76 min ago
  • ID#: PAPH2300998
0
Beds
0
Baths
0
½ Baths
3.38
Acres
Neighborhood:
19111 (19111)
County:
Philadelphia
Area:
19111 (19111)
School District:
The School District Of Philadelphia
Property Description
For Sale: Prime 3+ Acre Property with RSD-1 ZoningPlease note : No Zoning information herein should be taken as fact, and any potential buyer is encouraged to seek counsel from a qualified zoning attorney as to the legal permissibility of any and all construction activities on or to the subject improvements and lot.This expansive property offers an exceptional opportunity for developers or investors seeking a lucrative venture. Boasting RSD-1 Zoning, the parcel permits the construction of 10 single-family detached homes with street frontage without the need for variances, though the buyer should seek counsel from a qualified zoning attorney confirm the legal permissibility any development activity. Per the seller's interpretation of the code (see attached document from licensed architect) the land is ready for immediate subdivision and development, allowing builders to commence construction without hurdles.Additionally, the property features a currently rented single-family home with detached 3 car garage as well as a separate workshop generating $2500/month on a month to month lease. This existing structure can either continue generating income for the new owner or can be delivered vacant.Ideal for those looking to capitalize on residential development in a sought-after area, this property presents a blend of immediate income potential and significant future development possibilities.
Exterior Features

Garage YN No Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Property Features

Assessment Year 2023 Association YN No Central Air YN No Construction Completed YN No Current Use ResidentialLand/Lot Only Municipality PHILADELPHIA Navigable Water YN N Original MLSNumber 802753944882 Ownership Interest Fee Simple Possession Immediate Property Sub Type Land Sale Type Standard Sewer On Site Septic Tax Annual Amount 7001.00 Tax Assessment Amount 500200.00 Tax Lot 38 Vacation Rental YN No Water Source Well Zoning RSD1

Listing courtesy of Brickmatics: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Lisa Mathena Group. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-02-23T23:51:53.263.
 
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