Properties

Save
Ask
Tour
Hide
Share
$650,000
75 Days On Site

702 OAK LANE AVENUE
PHILADELPHIA, PA 19126

For Sale|Commercial Sale|Active
0
Beds
0
Full Baths
0
Partial Baths
4,892
SqFt
$133
/SqFt
1925
Built
County:
PHILADELPHIA
Listing courtesy of Mosaic Brokerage Group, LLC
Call Now: 267-435-8015
Is this the home for you? We can help make it yours.
267-435-8015
702 OAK LANE AVENUE702 OAK LANE AVENUE702 OAK LANE AVENUE702 OAK LANE AVENUE
Save
Ask
Tour
Hide
Share

As-Is Apartment Building with Significant Upside Potential This is a prime investment opportunity for seasoned investors or developers looking to capitalize on a building with incredible upside potential. Located in Germantown, this is being offered as-is and presents an ideal opportunity for a value-add rehab project.  Given the size of the lot, there is also an opportunity to build additional units to enhance the value of this opportunity greatly.  Apartment building is zoned CMX2 which allows for great flexibility in the underlying development potential. While the property currently requires renovation, its strategic location,  and solid structural foundation offer immense potential for future growth and profitability. With proper updates and upgrades, this property can be transformed into a high-demand, income-producing asset with substantial appreciation potential.  See pro-forma valuation to see the potential upside that this building offers. This building is priced to sell with substantial room for value creation. Whether you're looking to fix and flip or hold for long-term rental income, this property offers a fantastic opportunity to realize a significant return on investment.   Key Highlights:     •    Located in a rapidly developing and high-demand area     •    Solid bones and structure, ready for a complete     •    Potential for improved market rents, long-term capital appreciation, and increased occupancy rate

Save
Ask
Tour
Hide
Share
Listing Snapshot
Price 
$650,000
Days On Site 
75 Days
Bedrooms 
N/A
Inside Area (SqFt) 
4,892 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.25 Acres
Year Built 
1925
MLS® Number 
PAPH2451646
Status 
Active
Property Tax 
$6,332
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Estimated
Friends & Family
Recent Activity
a month agoListing updated with changes from the MLS®
2 months agoListing first seen on site
General Features
Acres 
0.25
Additional Property Use 
CommercialDevelopment
Parking 
On Street
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
4892
Water Source 
Public
Zoning 
CMX2
Interior Features
Appliances 
Gas Water Heater
Cooling 
Central AirElectric
Heating 
Natural GasForced AirRadiant
Save
Ask
Tour
Hide
Share
Community Features
MLS Area 
19126 (19126)
School District 
PHILADELPHIA CITY
Schools
School District
PHILADELPHIA CITY
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Mosaic Brokerage Group, LLC



The real estate listing information is provided by Bright MLS is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale or lease referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bright MLS. This web site references real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties in listings may have been sold or may no longer be available. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized collection or dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright © 2020 Bright MLS. All rights reserved.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
Save
Ask
Tour
Hide
Share

Work With Us

Reach out to our team of Philadelphia’s finest boutique real estate leaders.