3042 N LEE ST, Philadelphia, PA 19134 - MLS#PAPH2386906

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Adam Ferst

[email protected] +1(202) 421-5500

$20,000

Est. payment - /mo

637 Sqft Lot

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UPDATED:

08/16/2024 09:19 PM

Key Details

Property Type Vacant Land

Sub Type Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID PAPH2386906

HOA Y/N N

Originating Board BRIGHT

Annual Tax Amount $61

Tax Year 2022

Lot Size 637 Sqft

Acres 0.01

Property Description

3042 N LEE ST, PHILADELPHIA, PA Exciting Investment Opportunity: 3042 N Lee St, a 637 sq ft vacant lot, is now available for sale in the heart of Upper Kensington, Philadelphia, within a designated Qualified Opportunity Zone (QOZ). This compact yet strategically located parcel offers a unique chance for investors to capitalize on the tax incentives associated with Opportunity Zones. Situated in a neighborhood undergoing revitalization, this lot is perfectly positioned to contribute to the area's growth. Its modest size allows for efficient and creative development within the parameters of the Qualified Opportunity Zone program. Investors looking for a smaller-scale project to maximize tax benefits will find this lot to be an ideal fit. The Upper Kensington neighborhood, with its blend of history and evolving urban character, provides a compelling backdrop for development. The convenience of nearby amenities, nearby public transportation options, and the community's dynamic atmosphere make this lot a valuable asset for those seeking to be part of the neighborhood's transformation.

Location

State PA

County Philadelphia

Area 19134 (19134)

Zoning RSA-5

Exterior

Water Access N

View City, Street

Garage N

Building

Sewer Public Sewer

Water Public

Schools

High Schools Edison Thomas

School District The School District Of Philadelphia

Others

Tax ID 071325800

Ownership Fee Simple

SqFt Source Estimated

Acceptable Financing Cash

Horse Property N

Listing Terms Cash

Financing Cash

Special Listing Condition Standard

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Listed by Karen Rachel Ehrlich • Philadelphia Homes

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Adam Ferst

+1(202) 421-5500

Agent | RSRS325119

Agent RSRS325119

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