838-840 12TH STREET, Philadelphia, Pennsylvania 19123 For Sale
For Sale
$599,985
838-840 12TH STREET, Philadelphia, Pennsylvania 19123
- 1,796 Sqft
- Built Year 1920
Description
8 Blocks from Center City in Spring Garden Area
Attention builders and investors — this is the opportunity you’ve been waiting for.
Located just a few blocks from Center City and Broad Street, this property sits in the heart of rapid development, surrounded by new construction and ongoing revitalization.
This offering includes two separate parcels, providing added flexibility and scale for development:
Parcel 1: 15 x 58
Parcel 2: 18 x 55
Both parcels must be sold together as a package.
Currently configured as a former funeral home with two residential units:
One 1 bedroom apartment
One 2 bedroom apartment
This property presents a prime redevelopment opportunity with the potential to build three 3 story homes, making it ideal for builders looking to maximize return in a high growth area.
Surrounded by active new construction
Prime location near Center City and Broad Street
Strong upside potential for resale or long term hold
Ability to develop individually or as a larger combined project
Funeral home is still in operation
If you have any inquires please call listing agent
Basic Details
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Property Type: Residential Income
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Listing Type: For Sale
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Listing ID: PAPH2601504
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Price: $599,985
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Rooms: 0
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Half Bathrooms: 0
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Square Footage: 1,796 Sqft
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Year Built: 1920
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Lot Area: 0.02 Acre
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Status: Active
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PropertySubType: Other
Address Map
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Country US
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State PA
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County PHILADELPHIA-PA
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City Philadelphia
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Zipcode 19123
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Street: 12TH
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Street Number: 838-840
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Street Suffix: STREET
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Floor Number: 0
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Longitude: W76° 50' 36.6''
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Latitude: N39° 58' 6.1''
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Directions: North 9th Street to Poplar Street to North 12th Street
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MLSAreaMajor: 19123 (19123)
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StreetDirPrefix: N
Features
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Heating System : Hot Water
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Cooling System : Wall Unit