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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 | Number of Properties | 2 |
| Price / SF | $127.55 / SF | Individually For Sale | 0 |
| Sale Condition | Bulk/Portfolio Sale | Total Building Size | 3,528 SF |
| Sale Type | Investment or Owner User | Total Land Area | 0.14 AC |
| Status | Active |
| 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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W Cumberland St and N Park Ave
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