$599,000
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1711 W Jefferson Street Philadelphia, PA 19121 Municipality: Philadelphia
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Plan Approved! $250K+ Projected Income Per Year! This prime RM1-zoned corner property, spanning a rare 0.09-acre lot (42 ft x 94 ft), comes with zoning approval and plans for a 4-story building featuring approximately 4,000 sq. ft. per floor, 36 suites, and 2-car garage parking. With potential annu...al rental income exceeding $250,000+ and a post-completion value estimated at over $2.5M based on surrounding comps, this is a standout investment opportunity. Suites are projected to rent for $650–$750 per month, making this property ideal for student housing or traditional rentals in one of Philadelphia’s fastest-growing areas. Surrounded by exciting new developments, this property offers a rare chance to capitalize on the booming Temple University market. Zoning permits and building plans are ready, and while the property is currently tenant-occupied, the tenant will be vacated before settlement. Don’t miss this lucrative opportunity!
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MLS#
PAPH2436302
Property Type
Other
Year Built
2003
Price per Sq. Ft.
$309.40
Lot Size
0.09
Sewer
Public Sewer
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