$199,000 $1,068 est/mo Sourced by Back At You

1511 W Allegheny Ave,Philadelphia, PA 19132

Philadelphia PA, 19132

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Description

This is a fantastic opportunity for QOZ funds to invest in a high potential development project in a rapidly growing area of North Philly. The ability to build a 6 story building with 20 units, including 4 car parking on the first floor, makes this a highly attractive opportunity for investors. Additionally, the location is just one block away from the Broad Street Line, making it easily accessible for tenants. The demand for 1 bedroom units in this area is high, particularly among medical and dental students, ensuring a strong rental market. With development occurring in the surrounding blocks, this property is poised for success. Investing in this Qualified Opportunity Zone Fund could yield significant returns for investors.

Details

MLS#PAPH2163100
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site608
Listing Provided ByKW Empower | Richard K Cassell

Features

ZoningRSA3
Acreage0.13

Market Activity 19132

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Listings Checked: 6 minutes ago
StatePA
CountyPhiladelphia
CityPhiladelphia
Zip Code19132
Area19132
School DistrictThe School District Of Philadelp
Listing VS Median (in 19132)
Price:
$199,000
low | high
Med:
$104,900
97.286432160804% of Average
On Site:
608
low | high
Med:
14.000000
100% of Average
Sourced by Back At You
Listing Updated: May 15, 2024 at 4:43:48 AM PDT