5805-11 E WISTER ST, Philadelphia, PA 19138
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Dana Ubele

Dana Ubele

+1(856) 888-1133
Listed by Gazi Ataseven • HomeSmart Realty Advisors
$ 375,000
Est. payment /mo
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Price Dropped by $24K

5805-11 E WISTER ST Philadelphia, PA 19138

6,000 Sqft Lot

UPDATED:

Key Details

Property Type Vacant Land

Sub Type Land

Listing Status Active

Purchase Type For Sale

Subdivision West Oak Lane

MLS Listing ID PAPH2586652

HOA Y/N N

Available Date 2026-03-02

Annual Tax Amount $126

Tax Year 2015

Lot Size 6,000 Sqft

Acres 0.14

Property Sub-Type Land

Source BRIGHT

Property Description

PRIME DEVELOPMENT OPPORTUNITY NEAR LA SALLE UNIVERSITY – APPROVED 18-UNIT PROJECT

EXCEPTIONAL OPPORTUNITY TO DEVELOP AN 18-UNIT RESIDENTIAL BUILDING ON A NEARLY 6,000 SQ FT VACANT LOT IDEALLY LOCATED JUST STEPS FROM LA SALLE UNIVERSITY. PROPERTY WILL BE DELIVERED WITH APPROVED PLANS AND PERMITS AND IS FULL SHOVEL READY INCLUDING MEP, ALLOWING CONSTRUCTION TO BEGIN IMMEDIATELY.

THE SITE IS STRATEGICALLY POSITIONED BY BEING WALKING DISTANCE TO THE UNIVERSITY MAIN CAMPUS AND LOCATED DIRECTLY BEHIND A SHOPPING CENTER AND NEAR PUBLIC TRANSPORTATION, PROVIDING CONVENIENT ACCESS TO DAILY AMENITIES AND MAKING IT HIGHLY ATTRACTIVE TO TENANTS.

APPROVED UNIT MIX:

8 UNITS: 2 BEDROOMS / 2 BATHROOMS

10 UNITS: EXTREMELY LARGE 1 BEDROOM / 1 BATHROOM UNITS

THE THOUGHTFULLY DESIGNED FLOOR PLANS MAXIMIZE EFFICIENCY AND RENTAL APPEAL. PROJECTED RENTAL INCOME IS APPROXIMATELY $30,000 PER MONTH, OFFERING STRONG CASH FLOW AND LONG-TERM INVESTMENT POTENTIAL.

IDEAL FOR DEVELOPERS OR INVESTORS SEEKING A TURNKEY DEVELOPMENT PROJECT IN A HIGH-DEMAND UNIVERSITY-ADJACENT LOCATION.

DRIVE BY THE PROPERTY AND MAKE YOUR OFFER TODAY.

Location

State PA

County Philadelphia

Area 19138 (19138)

Zoning LOTS

Exterior

Water Access N

Garage N

Building

Sewer Public Sewer

Water Public

Schools

School District The School District Of Philadelphia

Others

Tax ID 172529615

Ownership Fee Simple

Special Listing Condition Standard

Bright MLS (BMLS)

NEARBY SCHOOLS & PROPERTIES

Dana Ubele

Dana Ubele

Broker | License ID: 0448855

+1(856) 888-1133

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5805-11 E WISTER ST

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