961 E Locust Avenue Philadelphia, PA $ 19,500
961 E Locust Avenue
$ 19,500
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961 E Locust Avenue

Philadelphia, PA, 19138
$ 19,500
Baths0.0

Monthly Estimate*

$ 130

961 E Locust Avenue, Philadelphia, PA 19138 - Image 1
961 E Locust Avenue, Philadelphia, PA 19138 - Image 2
961 E Locust Avenue, Philadelphia, PA 19138 - Image 3
Studio

Lots and Land for sale in Philadelphia, PA

for $19,500. The lot size is 0.01.

Welcome to 961 E Locust Ave, Philadelphia, PA 19138: A Buildable Vacant Lot in East Germantown Developers and investors, turn your attention to this 16 Ft x 35 Ft vacant lot, situated in the vibrant East Germantown neighborhood. This fantastic opportunity is nestled on a well-loved residential block and awaits your visionary touch. Zoned RM-1 (Residential Multifamily), the lot offers you the chance to construct a multifamily dwelling that complements the area's unique blend of historical charm and contemporary convenience. A highlight of this property is its strategic location. The convenience of public transit is merely a short walk away with several Septa bus stops in the vicinity. You'll also find numerous casual restaurants nearby, adding to the appeal for future residents seeking a diverse and vibrant local food scene. Essential amenities like grocery stores are within a comfortable walking distance, ensuring easy access for daily needs. Furthermore, the property is less than 1/2 mile from LaSalle University, bringing many of the university's amenities close to hand, including cultural events, learning opportunities, and more. Picture creating a multifamily home that caters to a broad spectrum of potential residents from university staff and students to families and professionals. Given the site's zoning and the surrounding community's needs, this lot represents a promising investment opportunity. Whether you're a seasoned investor or a new builder looking to make an impact, 961 E Locust Ave presents a tangible opportunity for a successful real estate venture. Don't miss your chance to add this gem to your portfolio. Make your mark in East Germantown today!

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Lots and Land Active

Price

$ 19,500

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 138

Style

Land/Lot Only

Lot Size

0.01

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2311424

Features
General
Sewer Public Sewer
Possession Immediate
Zoning RM1
View City Street
Property SubType Land
Tax Year 2023
Current Use Land/Lot Only
Percent Ownership Fee Simple
Municipality PHILADELPHIA
County PHILADELPHIA
Property Type Land
HOA / Comm Assn N
Possible Use Development Residential Other
Water Access Y/N N
Status ACTIVE
Directions Heading NE on W Chelten Ave turn right onto Sprague St continue 2 blocks and turn right onto E Locust Ave. The property will be on your right.
City PHILADELPHIA
Buyer Agent Compensation 2.5
Disclosures Agent Related to Owner
Zoning Description Residential Multi-Family
MLS Area 19138 (19138)
Lot Size Square Feet 565.00
Waterfront Y/N N
Street Name LOCUST
Tax Annual Amount 138.0
Condo/Coop Association Y/N N
Clean Green Assessed Y/N N
Price Per Sq Ft Total 34.51
Acceptable Financing Cash
Additional Parcels Y/N N
Historic Y/N N
Lease Considered Y/N N
Vacation Rental Y/N N
Days on Market 133
Location Type Urban
Standard Status Active
Tax Lot 247
Buyer Agent Compensation Type % Of Base
Association Recreation Fee N
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Exterior
Water Source Public
Water View Y/N N
Lot Dimensions 16.00 x 35.00
Lot Size Acres 0.01
Lot Size Units Square Feet
Lot Size Source Estimated
Horse Y/N N
Navigable Water Y/N N
Water Oriented Y/N N
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Interior
Street Suffix AVENUE
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Internal Only
Street Number 1 961
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* Excluded Features
List By
Philadelphia Homes

Broker

karen@thephillyhomes.com

Email

Affordability Calculator

$141
Per Month
92%
8%
0%
Monthly Principal & Interest
$130
Monthly Property Taxes
$12
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
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Nearby
3533249 Elementary School
3533189 Middle School
Martin L. King High School High School
Pricing History
DatePricePrice ChangeDescription
5/23/2024$19,500 -2.50% Price Down
1/12/2024$20,000 Listed Price

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961 E Locust Avenue, Philadelphia, PA, 19138 is a Lots and Land for sale at $19,500 with a lot size of 0.01. 961 E Locust Avenue is a studio with 0.0 baths. The property's zip code is 19138 which is in Philadelphia, PA