1423-25 Poplar St , Philadelphia, PA 19130
Philadelphia, PA 19130
Description
**BY RIGHT OPPORTUNITY 22 UNITS OVER THE COUNTER** Seize the opportunity to acquire a high-potential development project in the burgeoning Francisville/Fairmount neighborhood, known for its vibrant new construction and growth. The property at 1421-25 W Poplar St offers approximately 13,530 sq. ft. and was previously operated as a rooming hotel with 31 active rooming licenses. Following a fire in March 2023, the hotel is no longer operational. Sitting on an 8,725 sq. ft. lot with RM-1 zoning, this property provides flexibility for renovation or redevelopment. By right, you can build up to 22 residential units, making it an ideal candidate for a profitable new development project. Conveniently located just minutes from the Girard Ave Broad St Line Subway stop, which connects you to Center City within 10 minutes, and even closer to the MET, this location boasts excellent accessibility. The area features a Walk Score of 88, Transit Score of 81, and Bike Score of 82, highlighting its excellent connectivity and bike-friendliness. Nearby parks include Francisville Playground, Franklintown Park, and the Edgar Allan Poe National Historic Site. Don’t miss this chance to invest in a prime development site with substantial potential for generating cash flow.
Details
| MLS# | PAPH2281136 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1925 |
| Days On Site | 365 |
| Listing Provided By | RE/MAX @ HOME | Maria Maria Quattrone Quattrone |
Features
| SQ Feet | 13,530 |
|---|---|
| Zoning | RM1 |
| Acreage | 0.20 |
| Property View | Yes |
Market Activity 19130
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Learn More About This Property
| State | PA |
|---|---|
| County | Philadelphia |
| City | Philadelphia |
| Zip Code | 19130 |
| Area | 19130 |
| Community Name | Francisville |
| School District | The School District Of Philadelp |
| Listing VS Median (in Francisville) | |
Price: $1,400,000 low | high Med: $2,850 SqFt: 13,530 low | high Med: 1,700 $ / SqFt: $103 low | high Med: $2 On Site: 365 low | high Med: 131.000000 | |
