




Description
Shovel-Ready Investor Special: East Kensington Development Lot with Poured Foundation + Pre-Approved 4-Bed Plans | 10-Year Tax Abatement
Prime East Kensington flip or build-to-rent opportunity at 1924 E Oakdale St! This 600 sq ft (12×50) vacant lot comes with a foundation already poured — skip the biggest hassle and expense of new construction.
Turnkey Developer Package Includes:
• Previously approved plans for a modern 4-bedroom, 3-bath single-family home with finished basement + observation roof deck (est. 1,800–2,200 sq ft finished livable space)
• All architectural drawings, approvals, and supporting documentation
• 10-Year Philadelphia Tax Abatement fully granted and transferable — 100% exemption on building value in Year 1, stepping down 10% annually (massive long-term savings for your buyer or end-user)
• Located directly next to brand-new single-family homes on the same block — instant comps and neighborhood momentum
Projected completed ARV exceeds $525,000 (based on recent East Kensington new-construction sales of similar 4-bed homes). With foundation work already complete, a savvy builder can finish this project in 6–9 months for strong profit margins in one of Philly’s fastest-appreciating pockets.
East Kensington is on fire — median neighborhood sales up 15% YoY, exploding demand for new construction, and proximity to Fishtown, Frankford Ave dining, and transit. Perfect for fix-and-flip, build-to-sell, or build-to-rent investors.
Drive-by anytime — property is fully visible from the street. Serious cash or pre-approved buyers only. All plans available immediately upon request.
Priced to move at $124,900 — this won’t last in today’s investor market. Submit your offer today and secure your piece of East Kensington’s new-construction boom.
Location
Listed By
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Listing information provided courtesy of the Bright MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 29th April, 2026 9:23 AM (UTC)
Listing Agent: Ilya Zamarin
Listing Office: Tesla Realty Group, LLC
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