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Listed by Jacob Katro • Skale Real Estate
$155,000
Est. payment /mo
1,646 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID PAPH2656322
HOA Y/N N
Annual Tax Amount $1,222
Tax Year 2026
Lot Size 1,646 Sqft
Property Sub-Type Land
Source BRIGHT
Property Description
2127 N. Uber Street presents a rare opportunity to acquire a fully shovel-ready multifamily development site on a quiet, tree-lined block in North Philadelphia. The sale includes approved plans and permits for a thoughtfully designed four-unit apartment building featuring four spacious two-bedroom apartments that have been value engineered to maximize returns by balancing efficient construction costs with layouts that appeal to today's renters and promote long-term tenant retention. By eliminating the time, expense, and uncertainty of the entitlement process, this property allows a developer to begin construction immediately. The project's potential is supported by a compelling nearby comparable at 2136 N. Uber Street, a similar new construction building on the same block that appraised for $1,015,000 and consists of two one-bedroom and two two-bedroom apartments, with the one-bedroom units leasing for $1,400 per month and the two-bedroom units leasing for $1,850 per month. Whether you're looking to build and hold for long-term cash flow or develop for resale, 2127 N. Uber Street offers an exceptional opportunity to capitalize on a proven product in a growing Philadelphia neighborhood with much of the development risk already removed.
Location
State PA
County Philadelphia
Area 19121 (19121)
Zoning RM-1
Exterior
Water Access N
Garage N
Building
Sewer Public Sewer
Water Public
Schools
School District The School District Of Philadelphia
Others
Tax ID 321275100
Ownership Fee Simple
Special Listing Condition Standard
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Nearby School & Business
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