Perfect transit-oriented development opportunity in HOT West Philly Rental Market (And in an Opportunity Zone)!!! Steps from the 52nd Street Market-Frankford Line train station. The building is in shell condition, USE CAUTION WHEN TOURING, not all floors are stable. The building will need full rehab. Plans and permits included to build to a cash flowing 4 unit investment property, and builder is lined up to build at $250,000 project cost. Proforma rents when done based on current 'by-right' plans, is $54,000 Annual Gross Income. Or choose your own plans, bring your own builder, the choice is yours. This is a moneymaker. Get in this hot market today! Half block from Market St Subway stop! OPPORTUNITY ZONE DEVELOPMENT!
Listing courtesy of Keller Williams Philly.