1950 E Logan St, Philadelphia, PA 19141

$1,800,000

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List Price
$1,800,000
Price Change
▼ $100,000 1780511365
Days on Market
138
Status
ACTIVE
MLS#
PAPH2604998
Lot Size (Acres)
2.29
Year Built
1950
County
Philadelphia
School District
The School District Of Philadelphia

Property Description

Fantastic development opportunity on the edge of the rapidly improving LaSalle U and Germantown neighborhoods. Approved for 111 apartments with off street parking, this site represents an opportunity to establish a stable and predictable cash flowing asset for years to come in an area poised for substantial growth. Unit mix consists of 71 one bedroom apts, 39 two bedroom apts, 1 three bedroom apt. Total finished square footage to be 85,384sf. A local contraction company currently rents a portion of the site for about $3200 a month which can continue after purchase. Call for details or site tour.

Additional Information

Area
19141 (19141)
Taxes
$10100
School District
The School District Of Philadelphia
Heating
None
Heating Fuel
None
Cooling
None
Water
None
Sewer
Public Sewer

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Calculator source: Real Geeks

Listing courtesy of Realty Mark Associates. Contact: 2153764444