Description

Must Be Purchased As a Package Deal With 3405 W Clearfield - MLS# PAPH2432858.
These two properties Share one Entrance in the middle and have access to both properties. Both Properties Share a sewer line and a water Meter.

This is an exceptional investment opportunity located in the vibrant and growing East Falls neighborhood. The two properties—3405 and 3407 Clearfield Avenue—are being offered together as one parcel. Making this a prime chance for either a cash-flow property or a new development project. The expansive lot offers potential for significant expansion or the construction of new builds, ideal for investors looking to capitalize on the area’s ongoing growth.

3405 Clearfield: Offers 2 units, each with 2 bedrooms, a kitchen, living room, and one bathroom.

3407 Clearfield: Offers 3 units, each with 1 bedroom, a kitchen, living room, and one bathroom. Both properties share a water service line and a sewer line.

Currently zoned as RSA5 (Single Family Residential), which typically allows for single-family homes but offers flexibility for certain types of developments. Buyers should verify all zoning requirements and ensure that the properties meet their development or investment goals. City rental regulations and taxes will also need to be thoroughly checked. Buyers should verify zoning and any potential changes that could benefit their plans. The size and location of the lot present significant opportunities for redevelopment. With new construction occurring in the surrounding neighborhood, this could be an ideal property for a larger-scale project, such as multi-family housing or even townhomes, subject to city approval and zoning changes. Both properties must be purchased together, which could be an advantage for those looking for a larger footprint or a project that spans two parcels. This is a compelling investment for someone looking to benefit from a growing neighborhood while potentially tapping into both immediate rental income and long-term development value. Sold Strictly AS-IS.