Dave Watlington

Description

Exciting development opportunity in Olde Kensington to build a new construction Duplex that comes with approved plans which allow you to build a garage on main level for parking! The zoning permit to build this duplex has been extended one year and will expire on 3/2/2026. Unit 1 features 2 bedrooms, 2 bathrooms, and a garage, while Unit 2 offers 3 bedrooms, 3 bathrooms, and a large roof deck. This location has tons of new development all around in every direction. Adjacent to this property on N American St is the Movement Rock Climbing Gym. This facility will have over 41,000 Sq/Ft of climbing, yoga, and fitness! The property is perfectly situated near key commercial hubs such as N. American Street, N 2nd St, W Girard Ave, Northern Liberties, and Fishtown, all just minutes away. This is an excellent opportunity for developers or homeowners seeking to create a custom space. For owner occupants you can live in one unit while renting out the other to help offset the mortgage or you can just build a large single family home to your liking. With a score of 85, most errands can be completed without the need for a car. The Transit Score of 78 indicates that public transportation is highly accessible for most trips. A Bike Score of 81 highlights the excellent biking infrastructure available in the area. Dining options nearby include Pasha's Halal Food, Luna Cafe, Fermentery and more. Local schools include John Moffet School, Al-Aqsa Islamic School, LaSalle Academy, and Kensington Creative & Performing Arts High School. For groceries, Drexel Foods, Philly Homebrew Outlet, Cousin's Supermarket, and the Palmer Park Farmers Market are all conveniently close. The Berks Station on the MFL is just an 11-minute ride to the 69th St TC. Nearby parks include Hetzel's Playground, Palmer Park, and Liberties Walk. Don’t miss out on this exceptional investment opportunity to shape the future of Olde Kensington. Envision, create, and make your mark on this prime piece of real estate today!

Features