8450 Pine Road, Philadelphia, PA 19111 | MLS PAPH2300998 | Listing Information | Nestfully
Courtesy: Jay Kamin - Brickmatics; Phone: 6107645315
FOR SALE
$1,025,000

8450 Pine Road
Philadelphia, PA 19111

3.38
Acres Lot
Land
151 days on Nestfully 47 views
For Sale: Prime 3+ Acre Property with RSD-1 ZoningPlease note : No Zoning information herein should be taken as fact, and any potential buyer is encouraged to seek counsel from a qualified zoning attorney as to the legal permissibility of any and all construction activities on or to the subject improvements and lot.This expansive property offers an exceptional opportunity for developers or investors seeking a lucrative venture. Boasting RSD-1 Zoning, the parcel permits the construction of 10 single-family detached homes with street frontage without the need for variances, though the buyer should seek counsel from a qualified zoning attorney confirm the legal permissibility any development activity. Per the seller's interpretation of the code (see attached document from licensed architect) the land is ready for immediate subdivision and development, allowing builders to commence construction without hurdles.Additionally, the property features a currently rented single-family home with detached 3 car garage as well as a separate workshop generating $2500/month on a month to month lease. This existing structure can either continue generating income for the new owner or can be delivered vacant.Ideal for those looking to capitalize on residential development in a sought-after area, this property presents a blend of immediate income potential and significant future development possibilities.
PAPH2300998
Land
Other
PHILADELPHIA
3.38 Acres
Well
Septic Tank
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Courtesy: Jay Kamin - Brickmatics; Phone: 6107645315
BRIGHT MLS - All information, regardless of source, should be verified by personal inspection by and/or with the appropriate professional(s). The information is not guaranteed. Measurements are solely for the purpose of marketing, may not be exact, and should not be relied upon for loan, valuation, or other purposes.
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