1711 W Jefferson Street, Philadelphia, PA 19121-4230 $599,000

# of Units: 1
Interior Sq. Ft: 1,936
Acreage: 0.09
Age:22 years
Taxes: $3,764
MLS#: PAPH2436302
Design/Type:
Detached

Description

Plan Approved! $250K+ Projected Income Per Year! This prime RM1-zoned corner property, spanning a rare 0.09-acre lot (42 ft x 94 ft), comes with zoning approval and plans for a 4-story building featuring approximately 4,000 sq. ft. per floor, 36 suites, and 2-car garage parking. With potential annual rental income exceeding $250,000+ and a post-completion value estimated at over $2.5M based on surrounding comps, this is a standout investment opportunity. Suites are projected to rent for $650–$750 per month, making this property ideal for student housing or traditional rentals in one of Philadelphia’s fastest-growing areas. Surrounded by exciting new developments, this property offers a rare chance to capitalize on the booming Temple University market. Zoning permits and building plans are ready, and while the property is currently tenant-occupied, the tenant will be vacated before settlement. Don’t miss this lucrative opportunity!

Taxes: $3,764
Home Assoc: No
Condo Assoc: No
Garage: Y
Basement:
Pool: No Pool
School Dist: Philadelphia City

Features

Utilities
Central Heating, Natural Gas, Central A/C, Electric, Hot Water - Electric, Public Water, Public Sewer

Garage/Parking
Attached Garage, Garage - Side Entry, Attached Garage Spaces #: 2;

Exterior
Concrete Perimeter Foundation, Masonry

Contact Information

Listing Courtesy of: BHHS Fox & Roach Wayne-Devon , (610) 651-2700

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Listing data as of 3/15/2025.