2428 N Fairhill St, Philadelphia, PA 19133

$299,999

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List Price
$299,999
Days on Market
82
Status
ACTIVE
MLS#
PAPH2638534
Lot Size (Acres)
0.13
Year Built
1930
County
Philadelphia
School District
The School District Of Philadelphia

Property Description

Rare Development Opportunity on a 5,900+ SF Through-Lot Located Within a Qualified Opportunity Zone and Positioned in an Area Experiencing Significant Investment and Redevelopment Activity. Formerly utilized as a place of worship for decades, this substantial brick structure occupies a uniquely configured parcel with frontage on two public streets, creating a variety of potential redevelopment and adaptive reuse possibilities. The property's size, existing building footprint, dual street access, and Qualified Opportunity Zone designation may appeal to developers exploring residential redevelopment, adaptive reuse, parking integration, or other permitted uses (buyer responsible for conducting all zoning, use, tax incentive, and development due diligence). Zoned RSA-5 and situated in a rapidly evolving section of North Philadelphia surrounded by ongoing residential and mixed-use investment, this is a rare opportunity to acquire a large-scale asset with significant repositioning potential. Whether pursuing a by-right residential strategy or evaluating alternative redevelopment concepts, the property offers the scale, access, and flexibility that are increasingly difficult to find in today's market.

Additional Information

Area
19133 (19133)
Taxes
$5813
School District
The School District Of Philadelphia
Heating
Wall Unit
Heating Fuel
Electric
Cooling
Central A/C
Water
Public
Sewer
Public Sewer

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Calculator source: Real Geeks

Listing courtesy of KW Empower. Contact: vicki@kwempower.com