1029 W Indiana Ave, Philadelphia, PA 19133

$29,000

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List Price
$29,000
Days on Market
105
Status
PENDING
MLS#
PAPH2578760
Lot Size (Acres)
0.02
County
Philadelphia
School District
Philadelphia City

Property Description

Vacant Land. Go and Show. Excellent development opportunity in an up-and-coming North Philadelphia neighborhood. This vacant lot is zoned RM-1, allowing single-family, two-family, or multi-family residential development by right, making it ideal for builders and investors looking for flexibility and strong upside RM-1 zoning permits two-unit and multi-unit residential construction without the need for a variance, offering a straightforward path to development. Build a two-unit property by right—live in one unit and rent the other, or create a long-term income-producing asset. The lot is located on a quiet residential block with new construction and redevelopment nearby, signaling continued neighborhood growth. Conveniently situated close to the Broad Street Line, shopping, neighborhood amenities, and ample street parking, this location checks all the boxes for future homeowners and tenants alike. Property is being sold as-is. Buyer is responsible for City certification and all due diligence. Whether you’re a builder looking for your next project or an investor seeking a buy-and-hold opportunity in a transitioning area, this RM-1 parcel delivers zoning flexibility, location, and value. Don’t miss this chance—vacant land with by-right density is increasingly rare.

Additional Information

Area
19133 (19133)
Taxes
$257
School District
Philadelphia City
Water
Public
Sewer
Public Sewer

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Calculator source: Real Geeks

Listing courtesy of Opulent Realty Group LLC. Contact: 6102063955