Description
Shovel-ready multifamily development in the booming Germantown submarket of Philadelphia, Pennsylvania. Buy and build. Permits and plans on hand. Dynamic location: walkable to Fresh Grocer, LaSalle University, Septa station (Chelten and Germantown), Ultimo Coffee, Wissahickon Valley Park + more. Easy access into Downtown Philly and University City, as well as the western and northern suburbs of Greater Philadelphia. Boutique 43-unit elevator building with basement laundry + storage and ground floor retail (2X). The 3-storey building provides economical construction costs. 10 year tax abatement provides low carrying costs and future sales upside. This NW Philadelphia area is poised for rent growth and asset appreciation. Investment activity is soaring to new heights in Germantown.
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0.49ACRES
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01/2 BATHS
Description
Shovel-ready multifamily development in the booming Germantown submarket of Philadelphia, Pennsylvania. Buy and build. Permits and plans on hand. Dynamic location: walkable to Fresh Grocer, LaSalle University, Septa station (Chelten and Germantown), Ultimo Coffee, Wissahickon Valley Park + more. Easy access into Downtown Philly and University City, as well as the western and northern suburbs of Greater Philadelphia. Boutique 43-unit elevator building with basement laundry + storage and ground floor retail (2X). The 3-storey building provides economical construction costs. 10 year tax abatement provides low carrying costs and future sales upside. This NW Philadelphia area is poised for rent growth and asset appreciation. Investment activity is soaring to new heights in Germantown.
©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or LoCoMusings | Century 21 Redwood Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-04-01T12:52:01.42.
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