Patterson-Schwartz Real Estate6923 Saybrook Avenue, Philadelphia, PA 19142-1820 $45,000
Description
In the vibrant city of Philadelphia, opportunities abound for savvy investors and developers seeking to capitalize on the thriving multifamily market. This vacant lot is zoned RM1, good for 3+ units. 6925 is available making total of 6 unit in this bustling metropolis presents a unique chance to build from the ground up, catering to the growing demand for rental properties. With many neighborhoods experiencing a resurgence in popularity, a vacant lot in Philadelphia offers the potential to create a lucrative multifamily development, complete with modern amenities and stylish living spaces. The possibilities for building a lucrative multifamily property are endless. Investors can tap into the city's thriving rental market, where tenants are willing to pay top dollar for quality living spaces. With the right vision and execution, a vacant lot in Philadelphia can be transformed into a profitable multifamily gem, generating significant returns for years to come. Package deal is available if bought together with 6925 Saybrook. Selling cash, as-is.
Lot Dimens: 15.00 x 81.00
Front Footage:
School Dist: The School District Of Philadelphia
Condo Assoc: No
Features
Utilities
Public Water, Public Sewer
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Public Elementary (108 schools)
Public Middle (15 schools)
Public High (36 schools)
Private (82 schools)
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This report is a detailed community overview for Philadelphia (19142), Pennsylvania.
Community Quick Facts
- Average travel time to work for people in this community: 39
- Average salary of people in this community: $30,952
Community Summary
- Population Density (ppl / mile): 17,137
- Household Size (ppl): 2.92
- Households w/ Children: 87%
Housing Inventory
- Owned: 5,136 (44.9%)
- Rented: 4,693 (41.0%)
- Vacant: 1,605 (14.0%)
- Total: 11,434
Population Demographics
The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.
Climate and Weather
The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.
Temperature
Education
Highest Level of Education Attained
- Less than 9th Grade: 7.8%
- Some High School: 12.4%
- High School Graduate: 39.5%
- Some College: 24.1%
- Associate Degree: 6.4%
- Bachelor's Degree: 6.5%
- Graduate Degree: 3.4%
Income by dollar range
Median Income: $33,265
Fair Market Rents
The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).
- Studio: $334
- One Bedroom: $804
- Two Bedroom: $854
- Three Bedroom: $1,063
- Four Bedroom: $1,111
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Contact Information
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or call me now at 302-234-5247
Listing Courtesy of: Meta Realty, LLC , (856) 267-3829, investinspaces@gmail.com
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Patterson-Schwartz Real Estate participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information Deemed Reliable But Not Guaranteed.
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Listing data as of 3/16/2025.
