2602 South 60th Street

Philadelphia, PA 19142

$49,000
Price
1,152 / 0.03
Lot Size / Acres

Description

In the midst of Philadelphia's thriving real estate market, a rare opportunity awaits for savvy investors and developers: a multifamily vacant lot large enough for a 3 unit apartment. This parcel of land presents a blank canvas for creating a lucrative multifamily property. With its proximity to public transportation, local amenities, and thriving commercial corridors, this lot is poised to yield a significant return on investment. Imagine a modern apartment complex, complete with sleek amenities...In the midst of Philadelphia's thriving real estate market, a rare opportunity awaits for savvy investors and developers: a multifamily vacant lot large enough for a 3 unit apartment. This parcel of land presents a blank canvas for creating a lucrative multifamily property. With its proximity to public transportation, local amenities, and thriving commercial corridors, this lot is poised to yield a significant return on investment. Imagine a modern apartment complex, complete with sleek amenities and Energy Star-rated appliances, rising from the ground to cater to the city's growing demand for quality housing. By capitalizing on this vacant lot, entrepreneurs can unlock the potential for a lucrative rental income stream, while also contributing to the revitalization of Philadelphia's urban landscape. RM1 zoned. Selling as-is and cash only.
  1. Listed by Levent S Ulusal • Meta Realty, LLC
    P: 9732245115 investinspaces@gmail.com

Property Details for 2602 South 60th Street

Tax ID Number
402030200
Ownership
Fee Simple
Condo Coop Association
No
HOA
No
Waterfront
No
Garage
No
Expected On Market Date
05-08-2024
Subdivision
PHILADELPHIA (SOUTHWEST)

Location

Listing Courtesy of Meta Realty, LLC
Add your commute
LISTING UPDATED: 05/18/2024 11:24 AM

Property Details for 2602 South 60th Street

StatusActive
MLS #PAPH2352148
Days on Market13
Taxes$254 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Fee Simple
Year Built-
Lot Size0.03 AC
CountyPhiladelphia County

Location

Listing Courtesy of Meta Realty, LLC
Add your commute

Building Information for 2602 South 60th Street

Lot Size0.03 AC

Payment Calculator

$289 per month

30 year fixed, 7.25% Interest

Principal and Interest

$267

Property Taxes

$21

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2602 South 60th Street

Location
Location
  • School District Name: PHILADELPHIA CITY
  • School District County ID: 802785881492
  • SchoolDistrictSource: 3rd Party
  • County: PHILADELPHIA
  • MLS Area: 19142 (19142)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Association / Community Info
Association / Community Info
  • Association Recreation Fee Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2023
  • Tax Assessed Value: $18,200
  • Year Assessed: 2023
  • City Town Tax: $114
  • Clean Green Assessed: No
  • Municipal Trash: Yes
  • Land Use Code: SR
  • Zoning: RM1
  • Zoning Dscrp: multifamily
  • Tax Lot: 4035
  • School Tax: $139
  • Automatically Update Tax Values Y/N: Yes
  • TaxDataUpdatedYN: Yes
Lot / Land Information
Farm Information
  • Farm Land Preservation Y/N: No
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 16.00 x 72.00
  • Lot Dimensions Source: Assessor
  • Current Use: Vacant
  • Parcel ID: 1158575
  • Additional Parcels: Yes
  • Ground Rent Exists: No
Utilities
Utilities
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: NEXUS Association of Realtors
  • List Agent URL: www.metarealty1.com

Property History for 2602 South 60th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2602 South 60th Street

Taxable ValueLand$18,200Additions-Total$18,200
Tax Record2023$255 ($21 / month)
Home Facts
Beds0Lot Size1,152 SqFtStyleResidentialZoningRM1CountyPHILADELPHIAAPN40-2-0302-00

Schools near 2602 South 60th Street

This home is within Philadelphia City School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 5 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Morton Thomas G School
PublicK to 5

Tilden William T Middle School
Public5 to 8

Bartram John - Main
Public9 to 12

Motivation High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Neighborhood Map and Transit

Similar Homes

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2602 South 60th Street is a 0.03 ac of land for sale in Philadelphia, PA 19142. This property was listed for sale on May 8, 2024 by Meta Realty, LLC, it's currently listed at $49,000. It has been on the market for a total of 13 days and was last sold on February 18, 2022. This listing's school district is Philadelphia City School District. Nearby schools include Morton Thomas G School, Tilden William T Middle School and Bartram John - Main. 2602 South 60th Street is a 0-bed, 0-bath, 0.03 ac of land on a 1,152 sq. ft. / 0.03 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Meta Realty, LLC

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.