$175,000

1217 S 27TH ST, Philadelphia, PA 19146

Land
Built in ——
871sqft lot
—— car garage
$——/sqft
Listed 1 month ago

Property Description

Permit-ready duplex development opportunity in the rapidly developing Grays Ferry neighborhood. This RM-1 zoned lot has been designed for an approximately 2,400-square-foot new-construction duplex featuring two spacious bi-level residences with contemporary floor plans suitable for condominium resale or rental investment. The sale includes architectural and structural plans, a geotechnical investigation, engineered foundation design, utility plans and applicable project approvals. The remaining permit is currently pending, and the seller intends to deliver the property with the permit issued prior to settlement, allowing the next owner to avoid much of the time, expense and uncertainty associated with designing and permitting a new development. The proposed completed project was appraised at $750,000, subject to the assumptions and conditions contained in the appraisal. Renderings, plans, appraisal and supporting due-diligence materials are available upon request. An excellent opportunity for a builder, developer or investor seeking a well-designed development project in 19146. Property is being sold as a vacant lot with plans and approvals; proposed improvements shown in renderings are not included. Buyer is responsible for independently verifying zoning, permits, dimensions, construction costs, tax-abatement eligibility and the transferability and continued validity of all plans and approvals. A construction proposal from an experienced local contractor may also be made available upon request, providing qualified purchasers with a potential path from acquisition through completion.

Listing Status:: Active
Data Last Updated:: September 24, 2026 at 7:17AM
Listing Office:: Tesla Realty Group, LLC : 8448375274
Listing Agent:: James P Brand : 8482195625
MLS ID:: PAPH2657746

Originating MLS: BRIGHT_MAIN
School District: PHILADELPHIA CITY
County: PHILADELPHIA-PA

Zoning: RM1362124400
Current Use: Multi Residential

Water: Public
Sewer: Public Sewer

Source: BRIGHT_MAIN

This listing courtesy of James P Brand , Tesla Realty Group, LLC

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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