$399,000

5805-11 E WISTER ST, Philadelphia, PA 19138

Land
Built in ——
6,098sqft lot
—— car garage
$——/sqft
Listed 22 days ago

Property Description

PRIME DEVELOPMENT OPPORTUNITY NEAR LA SALLE UNIVERSITY – APPROVED 18-UNIT PROJECT EXCEPTIONAL OPPORTUNITY TO DEVELOP AN 18-UNIT RESIDENTIAL BUILDING ON A NEARLY 6,000 SQ FT VACANT LOT IDEALLY LOCATED JUST STEPS FROM LA SALLE UNIVERSITY. PROPERTY WILL BE DELIVERED WITH APPROVED PLANS AND PERMITS AND IS FULL SHOVEL READY INCLUDING MEP, ALLOWING CONSTRUCTION TO BEGIN IMMEDIATELY. THE SITE IS STRATEGICALLY POSITIONED BY BEING WALKING DISTANCE TO THE UNIVERSITY MAIN CAMPUS AND LOCATED DIRECTLY BEHIND A SHOPPING CENTER AND NEAR PUBLIC TRANSPORTATION, PROVIDING CONVENIENT ACCESS TO DAILY AMENITIES AND MAKING IT HIGHLY ATTRACTIVE TO TENANTS. APPROVED UNIT MIX: 8 UNITS: 2 BEDROOMS / 2 BATHROOMS 10 UNITS: EXTREMELY LARGE 1 BEDROOM / 1 BATHROOM UNITS THE THOUGHTFULLY DESIGNED FLOOR PLANS MAXIMIZE EFFICIENCY AND RENTAL APPEAL. PROJECTED RENTAL INCOME IS APPROXIMATELY $30,000 PER MONTH, OFFERING STRONG CASH FLOW AND LONG-TERM INVESTMENT POTENTIAL. IDEAL FOR DEVELOPERS OR INVESTORS SEEKING A TURNKEY DEVELOPMENT PROJECT IN A HIGH-DEMAND UNIVERSITY-ADJACENT LOCATION. DRIVE BY THE PROPERTY AND MAKE YOUR OFFER TODAY.

Listing Status:: Active
Date Added:: March 2, 2026
Data Last Updated:: March 24, 2026 at 5:17AM
Listing Office:: HomeSmart Realty Advisors : 2156041191
Listing Agent:: Gazi Ataseven : 2677746886
MLS ID:: PAPH2586652

Originating MLS: BRIGHT_MAIN
School District: THE SCHOOL DISTRICT OF PHILADELPHIA
County: PHILADELPHIA-PA

Zoning: LOTS172529400
Current Use: Land/Lot Only

Water: Public
Sewer: Public Sewer

Source: BRIGHT_MAIN

This listing courtesy of Gazi Ataseven , HomeSmart Realty Advisors

Monthly Payment

$Est. Payment

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

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Location

Schools Nearby

Mastery Charter School at Pastorius

, Philadelphia, PA, 19138

Grades KG-8

0.30 miles away

Mastery Charter School at Pastorius

, Philadelphia, PA, 19138

Grades KG-8

0.30 miles away

Central High School

1700 W Olney Ave, Philadelphia, PA, 19141

Grades 9-12

0.59 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.