1601 S NEWKIRK ST, Philadelphia, PA 19145
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Listed by Leia Johnson • KW Empower
$ 139,000
Est. payment | /mo

871 Sqft Lot


Save
$ 139,000
Est. payment | /mo
Save

871 Sqft Lot

Key Details

Property Type Vacant Land

Sub Type Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID PAPH2626308

HOA Y/N N

Annual Tax Amount $1,622

Tax Year 2026

Lot Size 871 Sqft

Acres 0.02

Property Sub-Type Land

Source BRIGHT

Property Description

This prime urban land parcel, encompassing 0.02 acres, presents a unique investment opportunity in a rapidly developing area. The property is strategically located in an urban setting, ensuring high visibility and accessibility, which are critical factors for maximizing potential returns. The lot offers a street view, enhancing its appeal for various development possibilities. Investors can capitalize on the increasing demand for urban properties, particularly in locations that support mixed-use developments, residential units, or commercial ventures. The urban location is conducive to attracting a diverse clientele, ensuring a steady stream of potential tenants or buyers. With the ongoing urban revitalization efforts in the vicinity, this property is poised for appreciation in value. The compact size of the lot allows for efficient development, minimizing overhead costs while maximizing the potential for high-density construction. Investors can explore various avenues, including residential, retail, or office space, aligning with market trends that favor urban living and working environments. This land parcel is not encumbered by additional parcels, simplifying the acquisition process and allowing for straightforward development planning. The absence of association fees and amenities further enhances the investment's attractiveness, providing flexibility in development choices without ongoing financial obligations. In summary, this urban land opportunity is ideal for investors seeking to leverage the growing demand for urban properties, with the potential for significant returns through strategic development.

Location

State PA

County Philadelphia

Area 19145 (19145)

Zoning CMX1

Exterior

Water Access N

View Street

Garage N

Building

Sewer Public Sewer

Water Public

Schools

School District Philadelphia City

Others

Tax ID 364359200

Ownership Fee Simple

Horse Property N

Special Listing Condition Standard

Bright MLS (BMLS)

Nearby Locations

Michael Davis

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(302) 300-2300

michael@mdavisismyrealtor.com

651 north broad st #106, Middletown, Delaware, 19709, USA

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1601 S NEWKIRK ST