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Courtesy of: Ergo Real Estate Company
Days On Market: 231
Address: 842 HOFFMAN PL
This 4,000 Sq/Ft lot is a rare find and an absolute gem in 19123. The property already has pre-existing curb cut for parking where your dream home is waiting to be built. The land alone in this area sells for about $250 Sq/Ft on average, making this property priced to sell. With single family homes on lots a fraction of this size are pushing prices around $2,000,000, there's a true opportunity for great investment returns on this property. What's more is that the existing home is in exceptional condition and could be rented for $3,000/month while you develop your master plan. This property can be developed into a single family mini mansion with ample outdoor space and parking, or one can attempt to acquire a variance for multi-family use which would allow for 9 units with RM-1 zoning which this property happens to be surrounded by. This is rare and fantastic opportunity in Northern Liberties that does not come around often.
Courtesy of: Ergo Real Estate Company Listing information provided courtesy of the Bright MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 7th October, 2022 9:44 AM (UTC)