In the midst of Philadelphia's thriving real estate market, a rare opportunity awaits for savvy investors and developers: a multifamily vacant lot large enough for a 3 unit apartment. This parcel of land presents a blank canvas for creating a lucrative multifamily property. With its proximity to public transportation, local amenities, and thriving commercial corridors, this lot is poised to yield a significant return on investment. Imagine a modern apartment complex, complete with sleek amenities and Energy Star-rated appliances, rising from the ground to cater to the city's growing demand for quality housing. By capitalizing on this vacant lot, entrepreneurs can unlock the potential for a lucrative rental income stream, while also contributing to the revitalization of Philadelphia's urban landscape. RM1 zoned. Selling as-is and cash only.
Property Details
Property Features
Listing Office:
Office Name: Meta Realty, LLC
Office Phone: (856) 267-3829
Listing Agent: Levent S Ulusal
Lot Features
Lot Information:
Lot Size: 0.03 Acres
Other
Directions Information:
Directions: gps
Municipality:
Philadelphia
Price Information
Listing Price Info
Price Summary:
List Price: $45,000
Tax Information:
Annual Amount: $140
Tax Year: 2020
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Housing Market Comparison
See how this home compares to others in Philadelphia, PA.
This property is $220.3K less than the Median Sold Price in Philadelphia, PA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: BRIGHT
MLS Number: #PAPH2352148
Listing Office:
Office Name: Meta Realty, LLC
Office Phone: (856) 267-3829
Listing Agent: Levent S Ulusal
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Thomas G. Morton School
2501 S 63rd St
Distance between this listing and this school0.28 miles
Public District Grades KG-5
5
/10
Joseph W. Catharine School
6600 Chester Ave
Distance between this listing and this school0.94 miles
Public District Grades KG-5
2
/10
John M. Patterson Elementary School
7000 Buist Ave
Distance between this listing and this school1.01 miles
Public District Grades KG-4
Nearby Schools
4
/10
Richard Allen Preparatory Charter School
2601 S 58th St
Distance between this listing and this school0.27 miles
Public Charter Grades 5-9
3
/10
William T. Tilden Middle School
6601 Elmwood Ave
Distance between this listing and this school0.61 miles
Public District Grades 5-8
3
/10
Mitchell Elementary School
5500 Kingsessing Ave
Distance between this listing and this school0.78 miles
Public District Grades KG-8
Nearby Schools
2
/10
John Bartram High School
2401 S 67th St
Distance between this listing and this school0.67 miles
Public District Grades 9-12
5
/10
Mastery Charter School-Hardy Williams
5400 Warrington Ave
Distance between this listing and this school1.14 miles
Public Charter Grades KG-12
4
/10
Universal Audenried Charter High School
3301 Tasker St
Distance between this listing and this school1.38 miles
The neighbors living near this home have an average income of $23,556. Most Philadelphia, PA residents have annual incomes less than $35k. The most common type of family is single, no kids. Most residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 2602 S 60th St
What is the listing price of this property?
The listing price of 2602 S 60th St property is $45,000.
What type of property is this?
The property 2602 S 60th St is land located in Philadelphia, Pennsylvania, 19142.
Is this property for sale now?
Active Listing: 2602 S 60th St is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $140 (source: MLS/based on county public records data).
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This home is located at 2602 S 60th St in Philadelphia, PA and zip code 19142 in the Southwest Philadelphia neighborhood. This home sits on a 0.03 acre lot. It has been listed on Rocket Homes since May 08, 2024 and is currently priced at $45,000.
While more than 219 listings in Philadelphia, PA in November 2024 were sold above asking price, there were more than 204 listings sold at asking price, and more than 523 were sold below. The inventory of homes for sale in Philadelphia, PA between October 2024 and November 2024 increased by 1.8%. In November 2024, listings were on the market for 45 days. During the same period, the median list price in this real estate market was $265,372.
From Rocket Homes Real Estate and based on county public records data.
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement. 
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