Description
Investors Alert! A rate Shell For Sell in Temple University Area! This nice RM1 shell is one block away from main campus of Temple University! Located on the wide Susquehanna ave, next to Broad Street, 4 mins' walk to Susquehanna Subway Station, and bus station is right on the block. A lot of new constructions and development going in the area with development of the city and Temple University. You can renovate it to 7-8 rooms, (4 Units of 2 bedrooms)1946-2500sqft size, creating rental income $62.4K yearly. And it's a perfect opportunity to build an 3600 sqft brand-new construction with 10 years tax abatement on this 1222sqft lot! Which will bring $100K rental income, market value $1-1.3million! The property is within the Opportunity Zone range! You can either sell it to make a big profit or collect the rent and wait for the appreciation keep going up! This shell is currently in Single-family status with RM1 zoning. Sell AS-IS. Won't last long, schedule your showing ASAP!
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0BEDS
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0.03ACRES
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0BATHS
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01/2 BATHS
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1,946SQFT
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$128$/SQFT
Description
Investors Alert! A rate Shell For Sell in Temple University Area! This nice RM1 shell is one block away from main campus of Temple University! Located on the wide Susquehanna ave, next to Broad Street, 4 mins' walk to Susquehanna Subway Station, and bus station is right on the block. A lot of new constructions and development going in the area with development of the city and Temple University. You can renovate it to 7-8 rooms, (4 Units of 2 bedrooms)1946-2500sqft size, creating rental income $62.4K yearly. And it's a perfect opportunity to build an 3600 sqft brand-new construction with 10 years tax abatement on this 1222sqft lot! Which will bring $100K rental income, market value $1-1.3million! The property is within the Opportunity Zone range! You can either sell it to make a big profit or collect the rent and wait for the appreciation keep going up! This shell is currently in Single-family status with RM1 zoning. Sell AS-IS. Won't last long, schedule your showing ASAP!
©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Shawn Martin Group | Keller Williams Flagship of Maryland. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-06-05T22:51:05.79.