Excellent investment opportunity awaits at 990 W Tabor St, where 77 proposed units can be built without the need for a zoning variance. This prime 16,940 square foot commercial lot, adjacent to Einstein Hospital, offers a "By-Right" development opportunity, ensuring a streamlined process for potential developers. Benefit from a 10-year Tax Abatement and capitalize on the property's location within a Federal Opportunity Zone, unlocking potential tax incentives for savvy investors. Positioned amidst a robust medical employment hub, with institutions like Einstein Medical Center, Temple University Hospital, and Shriner’s Hospital for Children nearby, this location promises steady demand from medical professionals and staff. Convenient access to public transportation further enhances the property's appeal, with SEPTA’s Fern Rock Transportation Center just a short walk away. This strategic location ensures easy commuting for future residents, with a mere 20-minute ride to Center City Philadelphia. Seize the opportunity to develop 77 apartment units on this vacant land, strategically located in the Olney Section of Philadelphia. With CMX-2 zoning in place, new ownership can move forward confidently in creating a thriving residential community near major employment centers. Don't miss out on this exceptional chance to invest in the growth potential of the Tabor Road Multi-Family Development Site.
Property Details
Property Features
Listing Office:
Office Name: TCS Management, LLC
Office Phone: (215) 383-1439
Listing Agent: Moshe Adika
Lot Features
Lot Information:
Lot Size: 0.49 Acres
Other
Directions Information:
Directions: Located next to Einstein Hospital
Municipality:
Philadelphia
Price Information
Listing Price Info
Price Summary:
List Price: $750,000
Tax Information:
Annual Amount: $2,110
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Philadelphia, PA.
This property is $488.1K 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: #PAPH2324716
Listing Office:
Office Name: TCS Management, LLC
Office Phone: (215) 383-1439
Listing Agent: Moshe Adika
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
4
/10
Julia Ward Howe Academics Plus Elementary School
5800 N 13th St
Distance between this listing and this school0.38 miles
Public District Grades KG-5
4
/10
James R. Lowell Elementary School
450 W Nedro Ave
Distance between this listing and this school0.58 miles
Public District Grades KG-4
2
/10
Joseph Pennell Elementary School
1800 Nedro Ave
Distance between this listing and this school0.79 miles
Public District Grades KG-5
Nearby Schools
4
/10
Thurgood Marshall School
5120 N 6th St
Distance between this listing and this school0.51 miles
Public District Grades KG-8
3
/10
Birney Preparatory Academy
900 Lindley Ave
Distance between this listing and this school0.52 miles
Public Charter Grades KG-8
4
/10
Andrew J. Morrison School
5100 N 3rd St
Distance between this listing and this school0.69 miles
Public District Grades KG-8
Nearby Schools
5
/10
Girls High School
1400 W Olney Ave
Distance between this listing and this school0.41 miles
Public Magnet Grades 9-12
9
/10
Central High School
1700 W Olney Ave
Distance between this listing and this school0.61 miles
Public Magnet Grades 9-12
4
/10
Aspira Olney Charter High School
100 W Duncannon Ave
Distance between this listing and this school0.96 miles
The neighbors living near this home have an average income of $37,009. Typical income of Philadelphia, PA residents is less than $35k annually. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 990 W Tabor Rd
What is the listing price of this property?
The listing price of 990 W Tabor Rd property is $750,000.
What type of property is this?
The property 990 W Tabor Rd is land located in Philadelphia, Pennsylvania, 19141.
Is this property for sale now?
Active Listing: 990 W Tabor Rd 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 $2,110 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on December 1, 2006 for $50,000. (source: MLS/tax record).
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This home is located at 990 W Tabor Rd in Philadelphia, PA and zip code 19141 in the Fern Rock neighborhood. This home sits on a 0.49 acre lot. It has been listed on Rocket Homes since February 22, 2024 and is currently priced at $750,000.
In October 2024 more than 252 listings in Philadelphia, PA were sold above the asking price. During the same period more than 237 listings were sold at asking price, while more than 567 were sold below. In October 2024 in Philadelphia, PA there were 9.8% more homes for sale than in September 2024. In October 2024 median list price was $261,807 and the average listing age was 44 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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