1240 N Hollywood St, Philadelphia, PA 19121

$105,000

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List Price
$105,000
Price Change
▼ $5,000 1764111126
Days on Market
321
Status
ACTIVE
MLS#
PAPH2536538
County
Philadelphia
School District
Philadelphia City

Property Description

Unlock an exceptional investment opportunity with a projected profit of approximately $100,000 in the heart of Brewerytown. New construction is peppered all throughout the emitted area and the block. With construction costs estimated around $275k and a projected After Repair Value (ARV) of $525k-$535k, this prime land parcel offers a clear path to substantial returns. Spanning a generous lot size, this interior location provides a blank canvas for developers and investors looking to capitalize on this established neighborhood. Brewerytown is renowned for its rich history and rapid revitalization, making it a hotspot for residential and commercial development. The area boasts a unique blend of urban charm and modern amenities, ensuring strong demand for new construction. With the potential for high rental yields and appreciation, this lot is strategically positioned to attract discerning tenants and buyers alike. The interior lot features provide a tranquil setting, while still being just moments away from the bustling streets filled with trendy cafes, artisanal shops, and cultural attractions. With Brewerytown's ongoing transformation and increasing property values, this land offers not just a place to build, but a foundation for significant growth. Seize this opportunity to be part of a thriving community and watch your investment flourish in one of Philadelphia's most exciting neighborhoods.

Additional Information

Area
19121 (19121)
Subdivision
Brewerytown
Taxes
$1618
School District
Philadelphia City
Water
Public
Sewer
Public Sewer

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Calculator source: Real Geeks

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