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3928 Parrish St
3928 Parrish St
3928 Parrish St
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$75,000

3928 Parrish St

Description

Prime Development Opportunity - Raw Land in University City

This hidden gem is a rare chance for savvy investors and developers to secure a high-value property in one of the most rapidly gentrifying neighborhoods adjacent to University City. Located within walking distance to Drexel University and UPenn, this parcel offers unmatched convenience and accessibility. With I-76 just minutes away, you're only 5 minutes from the Philadelphia Museum of Art, 15 minutes from Center City, and 30 minutes from King of Prussia. It is also just 2 minutes from the rapidly developing Lancaster Avenue, home to a vibrant mix of restaurants, cafes, and bars.

Surrounded by major developments and large-scale multi-unit projects, this lot sits on a wide street with ample parking, a huge advantage when applying for a zoning variance (2-4 units are common in the area). New multifamily constructions here are valued between $850K and $1.2M, making this a golden opportunity for builders and investors.

With the market at its bottom and interest rates expected to drop soon, now is the time to act. Opportunities like this are rare, and this could be a true once-in-a-lifetime investment. Don't miss out--once it's gone, it's gone!

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Location

3928 Parrish St, Philadelphia, PA 19104

Status

For Sale
Damon  Michels

Damon Michels

TITLE

Associate Broker

Joshua  Pagan

Joshua Pagan

TITLE

Real Estate Agent

Property Amenities

Area & Lot
Lot Area 1,115 Sq.Ft.
MLS® ID PAPH2452970
School District THE SCHOOL DISTRICT OF PHILADELPHIA
Type Land
Status For Sale
Finance
Sales Price $75,000
Real Estate Tax $473 yearly
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Thank you for your interest in 3928 Parrish St, Philadelphia, PA 19104. We are reviewing your request and will be in touch shortly!

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