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Listed by Martino Picariello • KW Empower
$ 599,000
Est. payment /mo
Price Dropped by $100K
2707-11 FEDERAL ST Philadelphia, PA 19146
3,372 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
Subdivision Grays Ferry
MLS Listing ID PAPH2539020
HOA Y/N N
Annual Tax Amount $2,937
Tax Year 2020
Lot Size 3,372 Sqft
Acres 0.08
Property Sub-Type Land
Source BRIGHT
Property Description
2707 Federal Street is located in a qualifying Opportunity Zone.
Attention builders, developers, and investors — here's your chance to secure a prime development opportunity in the heart of Grays Ferry, one of Philadelphia's most rapidly transforming neighborhoods. Construction is booming all around, with new residential and mixed-use projects reshaping the area and driving demand higher every day.
This offering provides approvals and potential to build 9 modern residential units, perfectly positioned to capture the wave of growth. The site sits in a high-demand corridor with projects underway on nearly every block, offering unmatched opportunity for those ready to take advantage. With easy access to University City, Center City, Penn, Drexel, and CHOP, the location is ideal for buyers and renters alike. The area's strong rental and resale demand makes this a smart investment, whether you're looking to hold or exit.
With new projects breaking ground across the neighborhood, this is a rare opportunity to get in on the action. Don't miss your chance to develop in one of Philadelphia's hottest growth markets!
Attention builders, developers, and investors — here's your chance to secure a prime development opportunity in the heart of Grays Ferry, one of Philadelphia's most rapidly transforming neighborhoods. Construction is booming all around, with new residential and mixed-use projects reshaping the area and driving demand higher every day.
This offering provides approvals and potential to build 9 modern residential units, perfectly positioned to capture the wave of growth. The site sits in a high-demand corridor with projects underway on nearly every block, offering unmatched opportunity for those ready to take advantage. With easy access to University City, Center City, Penn, Drexel, and CHOP, the location is ideal for buyers and renters alike. The area's strong rental and resale demand makes this a smart investment, whether you're looking to hold or exit.
With new projects breaking ground across the neighborhood, this is a rare opportunity to get in on the action. Don't miss your chance to develop in one of Philadelphia's hottest growth markets!
Location
State PA
County Philadelphia
Area 19146 (19146)
Zoning I2
Exterior
Water Access N
Garage N
Building
Sewer Public Septic
Water Public
Schools
School District The School District Of Philadelphia
Others
Tax ID 362026100
Ownership Fee Simple
Acceptable Financing Cash, Conventional, FHA, VA
Listing Terms Cash, Conventional, FHA, VA
Financing Cash,Conventional,FHA,VA
Special Listing Condition Standard
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