1948 Rowan St, Philadelphia, PA 19140

$95,000
5
BD
2
BA
1,958
SqFt

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List Price
$95,000
Price Change
▼ $10,000 1780456820
Status
PENDING
MLS#
PAPH2622048
Bedrooms
5
Bathrooms
2
Full Baths
2
Living Area
1,958
Lot Size (Acres)
0.03
Style
Traditional
Year Built
1930
County
Philadelphia
School District
Philadelphia City

Property Description

1948 Rowan St presents a prime value-add opportunity in Philadelphia for investors, developers, or savvy end users seeking a multifamily redevelopment project. The property is a legal shell currently zoned RM-1 multifamily, offering potential for future residential redevelopment in an area experiencing continued investment and neighborhood growth. The property is being sold in as-is condition and will require a full renovation, making it well-suited for buyers looking to create long-term value through redevelopment or repositioning. Conveniently located near public transportation, major roadways, shopping, and neighborhood amenities, the property benefits from strong accessibility and increasing demand throughout the surrounding area. Buyer is solely responsible for conducting their own due diligence regarding zoning, permitted uses, licensing, occupancy requirements, and redevelopment potential. Buyers are strongly advised to consult with their attorney, architect, and licensed professionals to independently verify all zoning and development information prior to purchase.

Additional Information

Area
19140 (19140)
Subdivision
Nicetown-Tioga
School District
Philadelphia City
Heating
Forced Air
Cooling
None
Water
Public
Sewer
Public Sewer

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Calculator source: Real Geeks

Listing courtesy of BHHS Fox & Roach-Center City Walnut. Contact: