$28,900
$28,900
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5731 CEDAR AVE Philadelphia, PA 19143
1,280 Sqft Lot
Key Details
Sold Price $28,900
Property Type Vacant Land
Sub Type Land
Listing Status Sold
Purchase Type For Sale
Subdivision Cobbs Creek
MLS Listing ID PAPH2437540
Sold Date 02/05/25
HOA Y/N N
Originating Board BRIGHT
Annual Tax Amount $2,449
Tax Year 2025
Lot Size 1,280 Sqft
Acres 0.03
Lot Dimensions 16.00 x 80.00
Property Description
Prime Building Opportunity
Discover an incredible investment opportunity with this spacious .03 acre lot in Cobbs Creek area of West Philadelphia.
Generous Layout: Zoning RSA-5. New home can be well over 1,400 sq. ft. of living space with 4 or more bedrooms. Building height allowed up to 38Ft (3 stories – not including basement). Variance MAY be possible for a duplex or condominium build. Great sized rear yard.
Single Family New Construction value between: $372K-$450K depending on finishes and additional upgrades.
Whether you're an investor looking to flip for a profit or seeking to build and hold for consistent rental income, this opportunity checks all the boxes. Don't miss your chance to secure this promising lot and capitalize on its earning potential!
Close to multiple public transportation routes, 5-10 minutes to University City, just a 20-minute commute to Center City and ease of access to anywhere on The Mainline or Delco, only 20-30 minutes to PHL Airport depending on traffic. Local attractions include: Boys Latin Philadelphia Charter School, Black Dragon Takeout, Toast Café, Hospital of the University of Pennsylvania - Cedar Avenue, Christy Pool & Recreation Center, Malcom X Park, Buna Café Philly, Booker's Restaurant & Bar, Cleo's Bagels, and an abundance of shops and restaurants along Baltimore Ave and University City.
This is a bid assignment; buyer must provide A Philadelphia Tax Clearance Certificate. No transfer taxes, no title costs, bring in your offer and secure your next building project.
Location
State PA
County Philadelphia
Area 19143 (19143)
Zoning RSA5
Exterior
Water Access N
Garage N
Building
Sewer Public Sewer
Water Public
Schools
School District Philadelphia City
Others
Tax ID 463043900
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
Special Listing Condition Standard
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Bought with Tykey M Jackson • EXP Realty, LLC