3428 N 18TH ST new to site

Philadelphia,PA 19140

$ 1075000

- Bed

- Bath

- SqFt


Key Details

Property Type Vacant Land

Sub Type Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID PAPH2539364

Annual Tax Amount $576

Tax Year 2025

Lot Size 2,321 Sqft

Property Sub-Type Land

Property Description

43-unit multifamily development site in Philadelphia, Pennsylvania — a Top-10 USA MSA. The proposed apartment building features 12 studios, 24 1-bed, and 7 2-bed apartments. Additionally, building features include a co-working lounge, bike storage, rooftop terrace, large lobby, elevator and parking lot (18 spaces). The structure will encompass 4-storeys with 35,761 SF on the substantial 19,881 SF parcel. Located near Temple University Health Sciences Center (strong employment base of highly-skilled, educated workers) in an area starved for multifamily housing. 10-year tax abatement eligible. Enquire within for PPP (plans, pro forma, permits). Short-term income is in-place via storage on-site.

Location

State PA

County Philadelphia

Area 19140 (19140)

Zoning RSA5

Exterior

Water Access N

View City

Building

Lot Description Flag

Sewer Public Sewer

Water Public

Schools

School District Philadelphia City

Others

Special Listing Condition Standard

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