$575,000

Rare Development Opportunity – Excellent Location in Walnut Hill / West Philadelphia / University City. Double-wide corner lot measuring 40' x 97', offering prime development potential on the edge of University City. Zoned to build nine units by right, with the possibility of adding more units through available zoning bonuses. Located in the heart of the Walnut Hill neighborhood, this vacant lot presents a unique chance to create new housing in a community that is actively supportive of development. The Walnut Hill Neighborhood Association has expressed strong interest in seeing this land put to productive use. Previously completed plans for nine spacious 2 and 3-bedroom apartments with expansive rooftop deck and elevator will be included with sale - an excellent starting point for a developer seeking to move quickly. Significant previous due diligence previously completed. Lots of new construction and new apartment buildings in area. Opportunities like this are rare in this part of the city - especially with community support and existing architectural plans in place.