Description
Great development opportunity in an ideal location of Grays Ferry, close to Point Breeze and Graduate hospital. This location is less than one block from a community garden. Also available as a package deal with 2625 Reed St. There are multiple new construction homes within blocks sold and selling for north of $525K, this property is ready for a savvy investor to develop a great home, with large yard, and plenty of options for designs and layout. The size of this lot is much larger than the others that sold for over $525K. With the adjacent lot also for sale by the same Seller, economies of sale can help decrease costs to build, and help increase ARV. Projected return is approximately 24%.
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01/2 BATHS
Description
Great development opportunity in an ideal location of Grays Ferry, close to Point Breeze and Graduate hospital. This location is less than one block from a community garden. Also available as a package deal with 2625 Reed St. There are multiple new construction homes within blocks sold and selling for north of $525K, this property is ready for a savvy investor to develop a great home, with large yard, and plenty of options for designs and layout. The size of this lot is much larger than the others that sold for over $525K. With the adjacent lot also for sale by the same Seller, economies of sale can help decrease costs to build, and help increase ARV. Projected return is approximately 24%.
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