Description
Prime investment opportunity in the heart of Fishtown! 1938 E Harold Street is a vacant lot offering exceptional development potential with approved zoning for a 4-unit residential quadplex. The projected rental layout features four 3-bedroom units, each estimated to achieve approximately $2,830 per month, generating a total projected gross rent of $11,320 monthly or $135,840 annually. Situated among new construction and just minutes from the highly desirable Frankford Avenue corridor, this location offers excellent walkability, strong tenant demand, and long-term appreciation. A rare chance to secure a high-yield development opportunity in one of Philadelphia’s most sought-after neighborhoods.
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Description
Prime investment opportunity in the heart of Fishtown! 1938 E Harold Street is a vacant lot offering exceptional development potential with approved zoning for a 4-unit residential quadplex. The projected rental layout features four 3-bedroom units, each estimated to achieve approximately $2,830 per month, generating a total projected gross rent of $11,320 monthly or $135,840 annually. Situated among new construction and just minutes from the highly desirable Frankford Avenue corridor, this location offers excellent walkability, strong tenant demand, and long-term appreciation. A rare chance to secure a high-yield development opportunity in one of Philadelphia’s most sought-after neighborhoods.
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