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W Cumberland St and N Park Ave 2 Properties Offered at $450,000 in Philadelphia, PA

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INVESTMENT HIGHLIGHTS

  • 2 HUGE PARCELS ADDING UP TO 7,343 SQ FT! Can be purchased individually or as a package.
  • Shovel-Ready Development Potential
  • Surrounded by Ongoing Investment
  • Dual-Parcel Development Opportunity
  • High-Demand Rental Corridor
  • Over 6,700 Sq Ft Combined Land Area

EXECUTIVE SUMMARY

Fantastic Development Opportunity Near Temple University's Campus! This unique package deal includes two exceptional properties in the thriving Templetown area, just a block from Broad Street, renowned for its proximity to Temple University and ongoing revitalization efforts. The first property, 1324 W Cumberland St, is an RM-1 zoned property featuring over 2,500 sq ft of interior space with significant potential for conversion into multiple rental units to meet the high demand for student and professional housing. Directly adjacent is 2453-57 N Park Ave, a 4,728 sq ft vacant lot offering a blank canvas for new construction, with dimensions of approximately 48x99 feet, ideal for additional residential units or complementary facilities. Together, these properties provide a combined lot size of over 6,700 sq ft in a neighborhood experiencing strong rental demand, increasing property values, and easy accessibility via the Broad Street Line and multiple SEPTA bus routes. The area is also close to Temple University Hospital, local dining, and amenities, making this a rare and lucrative investment opportunity. Contact us today for more details and to schedule a site visit!

PROPERTY FACTS

Price $450,000
Price / SF $127.55 / SF
Sale Condition Bulk/Portfolio Sale
Sale Type Investment or Owner User
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 3,528 SF
Total Land Area 0.14 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
2453-57 N Park Ave, Philadelphia, PA 19132 Land 0.11 AC - -
1324 W Cumberland St, Philadelphia, PA 19132 Multifamily 3,528 SF 1915 -
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  • Listing ID: 34678766

  • Date on Market: 1/31/2025

  • Last Updated:

  • Address: W Cumberland St and N Park Ave, Philadelphia, PA

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W Cumberland St and N Park Ave

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