1732 N 22nd St
Philadelphia, PA 19121
MULTIFAMILY DEVELOPMENT LAND | 25,552 SF · Land For Sale · 0.59 AC

DEVELOPER // INVESTOR ALERT: Prime Location. 25,552 SF or .587 acres of land zoned RM-1 plus improvements are Offered For Sale. This sale combines two multifamily development packages containing nine separate parcels for a total of 12 buildable lots. Each lot is essentially 18'x120' or 2,160 SF and occupies a total of 217' of premium frontage. ||| Two parcels offer 91' of continuous frontage: lot 1726, 23'x120' and lot 1732, 68'x120'. Essentially, this package represents five generous buildable multifamily lots. An active two-story 9,450 SF masonry and timber structure with a full basement occupy lots 1732 (1728-1730-17321734). The congregation is not opposed to its possible demolition, if necessary for development. The second package offers seven parcels located nearby on the 1700 block of North 22nd Street. These seven parcels contain three pairs of side-side lots 36'x120' plus one stand-alone lot 18'x120'. 1714-1716, 1720-1722, 1746, 1750-1752 North 22nd Street. ||| This compelling project offers the possibility of a prominent 10-year tax abatement on the value of the improvements. These robust parkfront multi-family lots overlook Martin Luther King Recreation Center at 22nd and Cecil B. Moore. This area is percolating with development and is poised for new housing growth. These robust parcels lend themselves to many useful multi-family development models. Excellent Public Transportation options are available nearby to Broad Street, Temple University, Center City, Old City, Brewerytown and Fishtown. Drive-by, then bring your earnest ideas and contact us.