1331 Grove Street
$60,000
700 / 0.02
Pending
Description
Discover this 14' x 50' vacant lot, offering a total of 700 square feet in the up-and-coming Forgotten Bottom neighborhood of Philadelphia. With RM-1 zoning, the property is primed for residential development, allowing for multifamily use which can be used for a buy and hold investment or to build condos and sell them individually. This can be a great scenario for an owner occupant to build a multi-family property and live in one unit while renting the others out to help offset the mortgage. There...Discover this 14' x 50' vacant lot, offering a total of 700 square feet in the up-and-coming Forgotten Bottom neighborhood of Philadelphia. With RM-1 zoning, the property is primed for residential development, allowing for multifamily use which can be used for a buy and hold investment or to build condos and sell them individually. This can be a great scenario for an owner occupant to build a multi-family property and live in one unit while renting the others out to help offset the mortgage. There is new construction already on the block and even more in the process of being built. As time goes on the block will continuously fill in with even more new construction homes making this a fantastic long term investment. Located just minutes from major thoroughfares, public transportation, and the Schuylkill River Trail, this parcel is a hidden gem for buyers and investors alike. The neighborhood is experiencing exciting growth, making this the perfect time to stake your claim. Don’t miss your chance to turn this blank canvas into a lucrative venture. Drive by and envision the possibilities, then make your offer today!
- Listed by Maria Maria Quattrone Quattrone • RE/MAX @ HOMEP: (215)-607-3523 thelistingteam@liveloveathome.com
Property Details for 1331 Grove Street
Tax ID Number
362363800
OwnershipFee Simple
Condo Coop AssociationNo
HOANo
WaterfrontNo
ViewsStreet
GarageNo
SubdivisionFORGOTTEN BOTTOM
LISTING UPDATED: 12/04/2024 05:29 PM
Property Details for 1331 Grove Street
Status | Pending |
---|---|
MLS # | PAPH2420504 |
Days on Market | 17 |
Taxes | $1,042 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Land |
MLS Type | Land / Fee Simple |
Year Built | - |
Lot Size | 0.02 AC |
County | Philadelphia County |
Building Information for 1331 Grove Street
Lot Size0.02 AC
Property Information for 1331 Grove Street
Property History for 1331 Grove Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1331 Grove Street
Taxable ValueLand$101,500Additions-Total$101,500
Tax Record2024$1,421 ($118 / month)
Home Facts
Beds0Total Finished SqFt784 SqFtAbove Grade Finished SqFt784 SqFtLot Size700 SqFtStyleResidentialZoningRM1CountyPHILADELPHIAAPN36-2-3638-00
Schools near 1331 Grove Street
This home is within The School District of Philadelphia.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Charter - | K to 8 | |||
Public - | 9 to 12 | |||
Public - | 5 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Universal Alcorn Charter School CharterK to 8 | ||
Paul Robeson High School For Human Services Public9 to 12 | ||
Gamp Public5 to 12 | ||
The Workshop 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.
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