Ready for an investor- 2 Qualified Opportunity Zone (QOZ) multifamily development site FOR SALE in University City. 318-20 N Budd St plus 317 N 41st St. Can be bought as a package or separately! 318-20 N Budd St. is an existing 2 stories, double wide garage, boasting a 50 foot by 112 foot lot size with massive overhead doors, open space and huge ceiling height. Zoning and plans have been completed for 8 units plus parking! 317 N 41st is a shovel ready land that is approved for 3 residential units. These properties offer extremely close proximity to Penn and Drexel, and creates the opportunity to develop a valuable multi-unit building for student housing and generous rental revenue! Tremendous amount of new development taking place in the area including 3.0 University Place, Schuylkill Yards and the Science Center. In its current condition, the property does need work throughout, so please exhibit caution when showing the property and bring a flashlight.
Listing courtesy of Keller Williams Philly.
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