Prime Development Opportunity Near La Salle University – 18 Units with Approved Plans and Permits This is an exceptional chance to develop an 18-unit residential property on a nearly 6,000 sq. ft. vacant lot, ideally located just steps from La Salle University. The land will be delivered with approved plans and permits, ready for immediate development of your dream project. Key Features: Location: Directly behind a shopping center and close to public transportation, ensuring easy access to amenities and enhancing the appeal for potential tenants. Land Size: Nearly 6,000 sq. ft. Approved Plans: 18 units with all permits in place to start construction immediately. Unit Breakdown: 8 units – 2 Bedrooms, 2 Bathrooms 10 units – Large 1 Bedroom, 1 Bathroom Projected Rental Income: Estimated monthly rental income of $30,000, offering a strong return on investment. This property has been carefully designed to maximize rental income and offer desirable living spaces for future tenants. Whether you’re an experienced developer or an investor looking to secure a prime asset in a growing area, this is an opportunity you won’t want to miss. Drive by the property today and make your offer! 10 UNITS ARE EXTREMELY LARGE 1 BED &1 BATH. YOUR PROJECTED RENTAL INCOME WOULD BE AROUND 30,000$ MONTHLY. DRIVE BY AND MAKE AN OFFER
Property Details
Property Features
Listing Office:
Office Name: HomeSmart Realty Advisors
Office Phone: (215) 604-1191
Listing Agent: Gazi Ataseven
Lot Features
Lot Information:
Lot Size: 0.14 Acres
Other
Directions Information:
Directions: GPS
Municipality:
Philadelphia
Price Information
Listing Price Info
Price Summary:
List Price: $399,000
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Housing Market Comparison
See how this home compares to others in Philadelphia, PA.
This property is $133.6K more 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: #PAPH2428462
Listing Office:
Office Name: HomeSmart Realty Advisors
Office Phone: (215) 604-1191
Listing Agent: Gazi Ataseven
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.
We're sorry, we currently don't have sales or tax history data for this listing.
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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
4
/10
Mastery Charter School John Wister Elementary School
67 E Bringhurst St
Distance between this listing and this school0.27 miles
Public Charter Grades KG-5
3
/10
John B. Kelly Elementary School
5116 Pulaski Ave
Distance between this listing and this school0.55 miles
Public District Grades KG-5
3
/10
James Logan Elementary School
1700 Lindley Ave
Distance between this listing and this school0.65 miles
Public District Grades KG-5
Nearby Schools
4
/10
Fitler Academics Plus
140 W Seymour St
Distance between this listing and this school0.30 miles
Public District Grades KG-8
3
/10
Edward T. Steel School
4301 Wayne Ave
Distance between this listing and this school0.89 miles
Public District Grades KG-8
3
/10
Jay Cooke Elementary School
1300 W Loudon St
Distance between this listing and this school1.02 miles
Public District Grades KG-8
Nearby Schools
3
/10
Mastery Charter School-Pickett Campus
5700 Wayne Ave
Distance between this listing and this school0.87 miles
Public Charter Grades 6-12
9
/10
Central High School
1700 W Olney Ave
Distance between this listing and this school0.91 miles
Public Magnet Grades 9-12
5
/10
Girls High School
1400 W Olney Ave
Distance between this listing and this school1.11 miles
The neighbors living near this home have an average income of $16,667. The most common annual income of people living in Philadelphia, PA is less than $35k. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 5805-11 E Wister St
What is the listing price of this property?
The listing price of 5805-11 E Wister St property is $399,000.
What type of property is this?
The property 5805-11 E Wister St is land located in Philadelphia, Pennsylvania, 19138.
Is this property for sale now?
Active Listing: 5805-11 E Wister St is For Sale (Active/New) which means the seller is accepting offers.
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This home is located at 5805-11 E Wister St in Philadelphia, PA and zip code 19138 in the Germantown / Chestnut Hill neighborhood. This home sits on a 0.14 acre lot. It has been listed on Rocket Homes since December 16, 2024 and is currently priced at $399,000.
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 number of listings in Philadelphia, PA increased by 1.8% between October 2024 and November 2024. The median list price of listings available in November 2024 was $265,372, while the average time on the real estate market was 45 days.
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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