$749,999
 $4,026 est/mo Sourced by Back At You

5117-27 Warren St,PHILADELPHIA, PA 19131

PHILADELPHIA, PA 19131

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Description

Hero House: 24-unit multifamily development opportunity in West Philadelphia. This proposed development is "by right" with RM1 zoning. This ±9100 SF prominent assemblage of corner properties is located right off the bustling Lancaster Ave corridor and has been combined by current ownership to maximize density in the Qualified Opportunity Zone (QOZ). Investors and Developers can defer capital gains via the Qualified Opportunity Fund vehicle and invest in a Top-10 USA MSA today with this land purchase surrounded by progressive development in every direction. Schuylkill Yards, Science Center, CHOP, HUP, Penn, Drexel, St. Joes's are all nearby this is the heart of Philly's "Eds & Meds" powerhouse economic district with above-average rent growth and appreciation projected for years to come. Big box retail center across street provides access to amenities (Lowe's, Planet Fitness, ShopRite, Verizon, Dunkin, and more) while Shofusu Japanese Cultural Center (gardens), the TD Bank Pavillion @ The Mann Center (destination concert venue), Fairmount Park Horticultural Center, Please Touch Museum (Children's Museum) and more outdoor urban amenities are also sited just across the way in Fairmount Park America's largest urban park. Enquire within for proposed plans. Base rendering for illustrative purposes only.

Details

MLS#PAPH2424202
Listing TypeFor Sale
Sub-TypeResale
StatusActive-bright
Days On Site162
Listing Provided ByKeller Williams Liberty Place | Ryan J McManus

Features

ZoningRM1
Acreage0.21
Water FrontYes
Property ViewCity

Market Activity 19131

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Learn More About This Property

StatePA
CountyPHILADELPHIA PA
CityPHILADELPHIA
Zip Code19131
Area19131 (19131)
Community NameWEST PHILADELPHIA
School DistrictPHILADELPHIA CITY
Listing VS Median (in WEST PHILADELPHIA)
Price:
$749,999
low | high
Med:
$139,000
100% of Average
On site:
162
low | high
Med:
69.500000
100% of Average
Sourced by Back At You
Listing Updated: May 9, 2025 at 8:49:24 PM PDT