308 E High Street

Description

Calling all BUILDERS, INVESTORS , and THOSE DESIRING TO BUILD FROM THE GROUND-UP!!!Here is your chance to take advantage of a great opportunity to build on a cleared lot in the Germantown section of Philadelphia!! This lot is currently Zoned RSA-3. Information obtained from the Philadelphia quick-zoning guide, shows that the minimum lot width for this zoning classification is 15 feet, with a minimum lot area of 2,050 ft.+-. Public records indicates that 308 E. High Street measures 5,713 square feet, which is more than TWICE the required minimum! Additionally, Public Records notes Frontage as 46 feet, with a Depth of 125 feet; which also exceeds the minimum requirement for this zoning classification.The notable increase in Rehabs, and New Construction in this area may be indicators that this is a prime location for development. Since April of 2023, Closed Sale Prices for Rehabs, range from $330,000 - $684,000! These Sold Properties are situated on lots smaller, or equal in size to 308 East High Street, and all are located within a 1/4 mile radius of E. High Street. This Lot Location allows for easy access to the Regional Rail, Major Routes, Schools, Parks, & Libraries. Also located in close proximity to Mount Airy, Chestnut Hill, and Center City Philadelphia. This could be an excellent location for YOUR New Build!! This Lot is located in a Qualified Opportunity Zone. We can direct you to Informational resources which demonstrate how this may be of benefit to you. Please contact Your Personal Agent, or the Listing Agent with any questions. Thank You!(*** A Geotechnical Investigative report was completed and is available Upon Request.)