961 East Locust Avenue
Description
Developers and investors, turn your attention to this 16 Ft x 35 Ft vacant lot, situated in the vibrant East Germantown neighborhood. This fantastic opportunity is nestled on a well-loved residential block and awaits your visionary touch. Zoned RM-1 (Residential Multifamily), the lot offers you the chance to construct a multifamily dwelling that complements the area's unique blend of historical charm and...Welcome to 961 E Locust Ave, Philadelphia, PA 19138: A Buildable Vacant Lot in East Germantown
Developers and investors, turn your attention to this 16 Ft x 35 Ft vacant lot, situated in the vibrant East Germantown neighborhood. This fantastic opportunity is nestled on a well-loved residential block and awaits your visionary touch. Zoned RM-1 (Residential Multifamily), the lot offers you the chance to construct a multifamily dwelling that complements the area's unique blend of historical charm and contemporary convenience. A highlight of this property is its strategic location. The convenience of public transit is merely a short walk away with several Septa bus stops in the vicinity. You'll also find numerous casual restaurants nearby, adding to the appeal for future residents seeking a diverse and vibrant local food scene. Essential amenities like grocery stores are within a comfortable walking distance, ensuring easy access for daily needs. Furthermore, the property is less than 1/2 mile from LaSalle University, bringing many of the university's amenities close to hand, including cultural events, learning opportunities, and more. Picture creating a multifamily home that caters to a broad spectrum of potential residents – from university staff and students to families and professionals. Given the site's zoning and the surrounding community's needs, this lot represents a promising investment opportunity. Whether you're a seasoned investor or a new builder looking to make an impact, 961 E Locust Ave presents a great opportunity for a successful real estate venture. Don't miss your chance to add this asset to your portfolio. Make your mark in East Germantown today!
- Listed by Karen Rachel Ehrlich • Philadelphia HomesP: (215)-219-7749 karen@thephillyhomes.com
Property Details for 961 East Locust Avenue
Property Details for 961 East Locust Avenue
| Status | Active |
|---|---|
| MLS # | PAPH2425670 |
| Days on Market | 16 |
| Taxes | $138 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Land |
| MLS Type | Land / Fee Simple |
| Year Built | - |
| Lot Size | 0.01 AC |
| County | Philadelphia County |
Building Information for 961 East Locust Avenue
Property Information for 961 East Locust Avenue
- Transportation: Bus Stop less than 1 mile
- School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
- School District County ID: 300200397108
- SchoolDistrictSource: Listing Agent
- County: PHILADELPHIA
- MLS Area: 19138 (19138)
- Water View: No
- Water Access: No
- Water Oriented: No
- Navigable Water: No
- Tidal Water: No
- Riparian Rights Y/N: No
- Association Recreation Fee Y/N: No
- Tax Year: 2024
- Tax Assessed Value: $9,900
- Year Assessed: 2024
- County Tax: $0
- Improvement Assessed Value: $0
- City Town Tax: $60
- Clean Green Assessed: No
- Land Use Code: SR
- Agricultural Tax Due: No
- Historic: No
- Zoning: RM1
- Zoning Dscrp: Residential Multi-Family
- Tax Lot: 247
- School Tax: $77
- Automatically Update Tax Values Y/N: Yes
- Lease In Effect: No
- Possible Use: Development, Residential, Other
- Farm Land Preservation Y/N: No
- Lot Size Source: Assessor
- Lot Size Dimensions: 16.00 x 35.00
- Lot Dimensions Source: Assessor
- Current Use: Land/Lot Only
- Location Type: Urban
- Parcel ID: 948046
- Additional Parcels: No
- Ground Rent Exists: No
- Ground Rent Payment Frequency: Annually
- Horse: No
- Water Source: Public
- Sewer Septic: Public Sewer
Property History for 961 East Locust Avenue
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 961 East Locust Avenue
Schools near 961 East Locust Avenue
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Charter - | K to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 9 to 12 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Mastery Charter - Francis D. Pastorius Elemen CharterK to 8 | ||
King Martin Luther High School Public9 to 12 | ||
Building 21 Public9 to 12 | ||
Parkway Northwest 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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Listing Courtesy of Philadelphia Homes
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.