430-34 N 62Nd Street, Philadelphia, PA 19151-4101 $69,900

Beds/Baths: /
Acreage: 0.11
Zoning:
RM1
MLS#: PAPH2459432
Subdivision: Haddington

Description

Prime Multi-Family Development Opportunity – RM1 Zoned 3-Parcel Lot! Builders & investors, don’t miss this oversized, 5,000 SQFT (50’x100’) multi-family zoned lot (RM1) in one of Philadelphia’s most strategically located areas! Sitting directly across from the legendary Jim’s Steaks, this level, rectangular lot is a rare find in the thriving Haddington neighborhood. Ideal for multi-family development, Lot Size: 5,000 SQFT (0.1148 acres) – Oversized for added value. The Frontage is 50 feet, Depth 100 feet. Topography, Level – Ready for immediate construction Tax Incentives include Eligibility for a 10-Year Tax Abatement (must apply prior to beginning construction). This is an Outstanding Affordable Housing Investment Opportunity! Philadelphia’s Housing Choice Voucher (Section 8) waiting list has over 25,000 recipients actively seeking qualifying units, making this an incredible chance to develop much-needed affordable housing while securing guaranteed rental income directly from the government. Unbeatable Location & Accessibility with Public Transit Access. 13-minute walk to Lansdowne Ave & 62nd St stop (10 trolley to 13th-Market/63rd-Malvern). Market-Frankford Line is a short walk with Just 10 minutes to University City & 20 minutes to Center City. Get anywhere on Main Line & Delaware County via 63rd street and access PHL Airport in 20-30 minutes depending on traffic. Green spaces include: Near Carroll Park Playground, Haddington Rec Center, Cobbs Creek Park & Haddington Park. CASH ONLY - Contact today to secure this prime investment!

Taxes: $1,013
Lot Dimens:
Front Footage:
School Dist: The School District Of Philadelphia
Home Assoc: No
Condo Assoc: No

Features

Utilities
Public Water, Public Sewer

Contact Information

Listing Courtesy of: Livewell Properties , (610) 551-4844, lauren@lwp-inc.com

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Patterson-Schwartz Real Estate participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information Deemed Reliable But Not Guaranteed.
Copyright BRIGHT, All Rights Reserved
Listing data as of 3/26/2025.