Prime RM1 Building Opportunity! Incredible investment opportunity in TEMPLE UNIVERSITY/CECIL B MOORE area of North Philadelphia. Zoning RM1 Legally allowable up to 4 units. Quadruplex New Construction Multi-Family values between: $400K-$1,000,000M depending on finishes and additional upgrades. Photos are of multiple recent new construction projects less than a quarter mile of this property. Whether you're an investor looking to flip for a profit or seeking to build and hold for consistent rental income from college students, this opportunity checks all the boxes. Don't miss your chance to secure this promising property and capitalize on its earning potential! Have your builder/contractor apply to take advantage of the 10 Year Tax Abatement that can follow the property after completion. Close to multiple public transportation routes including the Market-Frankford Line, 10 minutes to Center City, and ease of access to anywhere on the Mainline or Delco, with 20-30 minutes to PHL Airport depending on traffic. Local attractions include: Temple University, Liacouras Center, Geasy Field Complex, AMC Broad St 7, Raising Canes Chicken Fingers, Wagner Free Institute of Science, Independence Blue Cross Recreation Center, The Fresh Grocer, Panera Bread, City View Pizza. Buyer must provide A Philadelphia Tax Compliance Certificate dated within the last 30 days. No transfer taxes, no title costs, no closing costs. Property deeded free and clear of all liens and encumbrances, bring in your offer and secure your next project! CASH ONLY, no hard money. Must provide 10% Deposit with Offer and provide proof of funds. Transaction must close by Friday, May 09, 2025.

Listing courtesy of Livewell Properties



The real estate listing information is provided by Bright MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale or lease referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bright MLS. This web site references real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties in listings may have been sold or may no longer be available. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized collection or dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright © 2020 Bright MLS. All rights reserved.