8450 Pine Rd, Philadelphia, PA 19111 | For Sale

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For Sale $955,000

$955,000
  • (0)
  • Unknown Bedrooms
  • Unknown Bathrooms
  • Unknown Sq Ft
  • 147,306 Sq Ft

Description

For Sale: Prime 3+ Acre Property with RSD-1 Zoning, 3200 sq foot home with 3 parking garages.

Please note : No Zoning information herein should be taken as fact, and any potential buyer is encouraged to seek counsel from a qualified zoning attorney as to the legal permissibility of any and all construction activities on or to the subject improvements and lot.

This expansive property offers an exceptional opportunity for developers or investors seeking a lucrative venture. Boasting RSD-1 Zoning, the parcel permits the construction of 10 single-family detached homes with street frontage without the need for variances, though the buyer should seek counsel from a qualified zoning attorney confirm the legal permissibility any development activity. Per the seller's interpretation of the code (see attached document from licensed architect) the land is ready for immediate subdivision and development, allowing builders to commence construction without hurdles.

Additionally, the property features a currently rented single-family home with detached 3 car garage as well as a separate workshop generating $2500/month on a month to month lease. This existing structure can either continue generating income for the new owner or can be delivered vacant.

Ideal for those looking to capitalize on residential development in a sought-after area, this property presents a blend of immediate income potential and significant future development possibilities.

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


The income description goes here to explain

Expenses

Property Details

List Price $955,000
Property Type Lots/Land
Usable Sqft Unknown
Number of Stories 0 stories
Parking Spots 0 spots
Year Built 0
Last Sold Unknown
Sold Price Unknown
APN # 632193210
MLS # PAPH2431288
Property ID 321145934
Lot Sqft 147,306
Zoning RSD1
Days on Market 57
Original List Price Unknown
Date Updated February 11, 2025
Date Created December 30, 2024

Listing Provided By

Jay Kamin an agent of . Lic #SB065702


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Data last updated: February 25, 2025.
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