1970 E Chelten Ave, Philadelphia, PA 19138

$1,000,000

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List Price
$1,000,000
Price Change
▼ $150,000 1775462641
Days on Market
316
Status
ACTIVE
MLS#
PAPH2537986
Lot Size (Acres)
0.68
Year Built
1925
County
Philadelphia
School District
Philadelphia City

Property Description

PRICE REDUCTION !!! Prime Development Opportunity – Large Parcel in Ogontz, Philadelphia Located in the rapidly evolving Ogontz section of Philadelphia, 1970 Chelten Ave presents a rare opportunity for investors and developers to acquire a sizable property with strong redevelopment potential. Situated on a large lot, this property offers the scale and flexibility that is increasingly difficult to find in the area. The existing structure, currently configured as a church, provides a solid footprint for adaptive reuse or full redevelopment. This asset is ideal for a variety of potential uses, including: Multifamily residential development, Mixed-use conversion (residential + commercial), Community facility, school, or daycare, Event or institutional space The surrounding area continues to see ongoing residential growth and investment, making this a strategic acquisition for developers seeking to capitalize on neighborhood momentum. Key Highlights: Expansive lot size with redevelopment upside, Existing structure suitable for conversion or teardown, Strong candidate for value-add repositioning, Convenient access to major roadways, public transportation, and neighborhood amenities Buyers are responsible for conducting their own due diligence regarding zoning and intended use. Seller is open to discussions with qualified purchasers. Unlock the potential of this underutilized asset and bring your vision to life in one of Philadelphia’s emerging corridors. AS-IS condition. All Offers will be presented. Schedule your tour today!

Additional Information

Area
19138 (19138)
Subdivision
Ogontz
School District
Philadelphia City
Heating
Radiator
Heating Fuel
Propane - Owned
Cooling
Ceiling Fan(s), Wall Unit
Water
Public
Sewer
Public Sewer

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Century 21 Advantage Gold-Elkins Park. Contact: (215) 887-4653