5731 Cedar Avenue Philadelphia, PA 19143

Description

Prime Building Opportunity Discover an incredible investment opportunity with this spacious .03 acre lot in Cobbs Creek area of West Philadelphia. Generous Layout: Zoning RSA-5. New home can be well over 1,400 sq. ft. of living space with 4 or more bedrooms. Building height allowed up to 38Ft (3 stories - not including basement). Variance MAY be possible for a duplex or condominium build. Great sized rear yard. Single Family New Construction value between: $372K-$450K depending on finishes and additional upgrades. Whether you're an investor looking to flip for a profit or seeking to build and hold for consistent rental income, this opportunity checks all the boxes. Don't miss your chance to secure this promising lot and capitalize on its earning potential! Close to multiple public transportation routes, 5-10 minutes to University City, just a 20-minute commute to Center City and ease of access to anywhere on The Mainline or Delco, only 20-30 minutes to PHL Airport depending on traffic. Local attractions include: Boys Latin Philadelphia Charter School, Black Dragon Takeout, Toast Cafe9;, Hospital of the University of Pennsylvania - Cedar Avenue, Christy Pool & Recreation Center, Malcom X Park, Buna Cafe9; Philly, Booker's Restaurant & Bar, Cleo's Bagels, and an abundance of shops and restaurants along Baltimore Ave and University City. This is a bid assignment; buyer must provide A Philadelphia Tax Clearance Certificate. No transfer taxes, no title costs, bring in your offer and secure your next building project.