Description
Over 1600 square feet, this extra deep (18 x 93), highly desired, corner-situated lot in prime 19125 provides the ability to build a large duplex by right being Zoned RM-1. This zoning opens up the possibility to develop income-producing condos or even multiple rental units. There is also the ability to create parking off of Lee St which will maximize the value and your return on this incredibly rare development opportunity. It is the Buyer+GGs responsibility to conduct due diligence and confirm zoning and any future use. Brand new construction across the street and in every direction. Located within a qualified federal opportunity zone. 122 E Cumberland St is steps from the Market Frankford Line and the action of the Frankford Ave commercial corridor. Easy access to I95 and additional bus lines makes this parcel a commuter+GGs dream.
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Description
Over 1600 square feet, this extra deep (18 x 93), highly desired, corner-situated lot in prime 19125 provides the ability to build a large duplex by right being Zoned RM-1. This zoning opens up the possibility to develop income-producing condos or even multiple rental units. There is also the ability to create parking off of Lee St which will maximize the value and your return on this incredibly rare development opportunity. It is the Buyer+GGs responsibility to conduct due diligence and confirm zoning and any future use. Brand new construction across the street and in every direction. Located within a qualified federal opportunity zone. 122 E Cumberland St is steps from the Market Frankford Line and the action of the Frankford Ave commercial corridor. Easy access to I95 and additional bus lines makes this parcel a commuter+GGs dream.
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