FOR SALE
$399,900

2921-2927- Gerritt Street
Philadelphia, PA 19146

Townhouse
Residence
3
Beds
1
Baths
840
Sq. Ft.
0.06
Acre Lot
1of
Photos
Map
Courtesy: Keller Williams Philly
Development opportunity in HOT Grays Ferry, located in a Federal Qualified Opportunity Zone (QOZ) with the possibility for no federal tax on capital gains after 10 years. Rarely offered 4 contiguous properties 2921-27 Gerritt Street, including 3 vacant lots and an older renovated 3BR 1 BA house that is a turnkey rental that was recently rented for $1185 per month. All 4 properties have zoning permits to build 3 story new construction homes, 4BR 3BA with roofdecks, totaling approximately 2,100 square feet. Keep the house for rental income and build on the vacant lots, or demolish and build 4 homes. Plans and approvals available for review, lots are 14x45 with building footprint of 14x38 and no 3rd floor setback.
PAPH846710
Townhouse
3
PHILADELPHIA
1 Full
1920
0.06 Acres
Other, Public Water Service
2
Mason
Public Sewer
School Rating Out of 10
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Courtesy: Keller Williams Philly
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