Description
1511 W Allegheny Ave,
Philadelphia,
PA
19132
This is a fantastic opportunity for QOZ funds to invest in a high potential development project in a rapidly growing area of North Philly. The ability to build a 6 story building with 20 units, including 4 car parking on the first floor, makes this a highly attractive opportunity for investors. Additionally, the location is just one block away from the Broad Street Line, making it easily accessible for tenants. The demand for 1 bedroom units in this area is high, particularly among medical and dental students, ensuring a strong rental market. With development occurring in the surrounding blocks, this property is poised for success. Investing in this Qualified Opportunity Zone Fund could yield significant returns for investors.
Listing By: KW Empower via Data Source: Bright MLS
2844627-PAPH2163100
MLS ID
Price HistoryView all +
| date | price | variance | type | global |
|---|
| 6/20/2024 | $165,000 | 17.09 % | Sold | view listing |
| 5/29/2024 | $199,000 | - | Contract |
| 12/20/2023 | $199,000 | 33.44 % | decreased |
| 3/21/2023 | $299,000 | 25.25 % | decreased |
| 1/24/2023 | $400,000 | 20.0 % | decreased |
| 9/23/2022 | $500,000 | - | Listed |
listing agent: Richard Cassell
