5556 Devon St,PHILADELPHIA, PA 19138
PHILADELPHIA, PA 19138
Description
Vacant RM-1 development site with 54' of frontage, minutes from La Salle University. Zoning supports 10 units by right, with a path to 15 through available density bonuses. Clean, level ground - no demolition, no relocation, no existing structure to design around. The surrounding blocks are actively building: roughly two dozen projects totaling 200+ units at every stage of the pipeline - zoning approvals in hand, building permits issued, and several already under construction. Scale tracks frontage here, ranging from 3-5 unit infill up to 9 units on wider lots like this one, with 43 units approved at 912-22 Locust Ave and 20 units under construction at 921-23 E Chelten Ave. Strong rental fundamentals from university-adjacent demand, with the Chelten Avenue transit corridor minutes away.Geotech is complete.
Details
| MLS # | PAPH2663828 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Days On Site | 66 |
| Listing Provided By | Tesla Realty Group, LLC | Victoria Maslennikov |
Features
| Zoning | RM1 |
|---|---|
| Acreage | 0.10 |
Parking
| Garage Yes / No | No |
|---|
Taxes
| Tax Annual Amount | 685 |
|---|
Area Information
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19138 |
| Area | 19138 (19138) |
| School District | PHILADELPHIA CITY |
| Listing VS Median (in 19138) | |
Price: $170,000 low | high Med: $159,900 On site: 66 low | high Med: 30.5 | |
Market Activity 19138
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Learn More About This Property
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19138 |
| Area | 19138 (19138) |
| School District | PHILADELPHIA CITY |
| Listing VS Median (in 19138) | |
Price: $170,000 low | high Med: $159,900 On site: 66 low | high Med: 30.5 | |
