$ 20,000
3042 N LEE ST Philadelphia, PA 19134
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$ 20,000
Est. payment | /mo
637 Sqft Lot
$ 20,000
Est. payment | /mo
637 Sqft Lot
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID PAPH2386906
HOA Y/N N
Originating Board BRIGHT
Annual Tax Amount $61
Tax Year 2022
Lot Size 637 Sqft
Acres 0.01
Property Description
3042 N LEE ST, PHILADELPHIA, PA Exciting Investment Opportunity: 3042 N Lee St, a 637 sq ft vacant lot, is now available for sale in the heart of Upper Kensington, Philadelphia, within a designated Qualified Opportunity Zone (QOZ). This compact yet strategically located parcel offers a unique chance for investors to capitalize on the tax incentives associated with Opportunity Zones. Situated in a neighborhood undergoing revitalization, this lot is perfectly positioned to contribute to the area's growth. Its modest size allows for efficient and creative development within the parameters of the Qualified Opportunity Zone program. Investors looking for a smaller-scale project to maximize tax benefits will find this lot to be an ideal fit. The Upper Kensington neighborhood, with its blend of history and evolving urban character, provides a compelling backdrop for development. The convenience of nearby amenities, nearby public transportation options, and the community's dynamic atmosphere make this lot a valuable asset for those seeking to be part of the neighborhood's transformation.
Location
State PA
County Philadelphia
Area 19134 (19134)
Zoning RSA-5
Exterior
Waterfront N
Water Access N
View City, Street
Garage N
Building
Sewer Public Sewer
Water Public
Schools
High Schools Edison Thomas
School District The School District Of Philadelphia
Others
Tax ID 071325800
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Cash
Horse Property N
Listing Terms Cash
Financing Cash
Special Listing Condition Standard
Listed by Karen Rachel Ehrlich • Philadelphia Homes