6619-25 Haverford Ave, Philadelphia, PA 19151
- $875,000
- List Price
- $875,000
- Days on Market
- 1
- Status
- ACTIVE
- MLS#
- PAPH2671752
- Lot Size (Acres)
- 0.25
- Year Built
- 1915
- County
- Philadelphia
- School District
- Philadelphia City
Property Description
6619–25 Haverford Avenue presents a unique covered land opportunity in West Philadelphia, combining immediate in-place income with significant future development potential. The property consists of two attached, fully occupied buildings containing seven residential units and one commercial storefront. The existing tenancy provides cash flow from day one, allowing an investor to collect income while evaluating the timing of a future redevelopment. The property has zoning approval for 39 residential units, substantially advancing the site toward redevelopment and providing a clear path for a larger multifamily project. Investors can continue operating the existing buildings, pursue redevelopment, or structure a longer term hold around the approved development potential. Located along Haverford Avenue, the property is minutes from the ongoing Cobbs Creek Golf Course renovation, the planned TGR Learning Lab associated with Tiger Woods' TGR Foundation, and multiple public transportation options. The surrounding area continues to benefit from significant public and private investment. With existing income, zoning approval for 39 units, and multiple potential exit strategies, 6619–25 Haverford Avenue offers investors the ability to collect today while preserving meaningful long term development upside.
Additional Information
- Area
- 19151 (19151)
- Taxes
- $3807
- School District
- Philadelphia City
- Flooring
- Fully Carpeted, Vinyl, Wood
- Heating
- Hot Water
- Heating Fuel
- Natural Gas
- Cooling
- Wall Unit
- Utilities
- Cable TV Available
- Water
- Public
- Sewer
- Public Sewer
- Basement
- Yes
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Listing courtesy of SDG Management, LLC. Contact: 6093354016