8000 ALGON AVENUEPHILADELPHIA, PA 19152
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Calling All Investors! Don’t miss this incredible opportunity in the highly desirable Rhawnhurst section of Northeast Philadelphia. This unique property is currently set up as a triplex (zoned RSA-3) and features 6 bedrooms, 4 bathrooms, and a detached garage, all situated on a generous 0.28-acre corner lot. The property offers tremendous upside potential. Possible subdivision opportunities may allow for the construction of two sets of twin homes and one single-family home. The seller has not initiated any zoning or subdivision process. Buyers are responsible for conducting their own due diligence with the City of Philadelphia L&I at their own expense. The seller did consult with an architect who prepared a very preliminary draft illustrating potential development possibilities. Alternatively, the existing home could be renovated and updated with today’s modern finishes to maximize value. Surrounded by new construction and positioned on a large corner parcel, this property presents a rare investment opportunity in a growing area. Property is being sold strictly as-is. The seller will make no repairs and will offer no credits or price reductions. Opportunities like this don’t come around often — schedule your showing today!
| 6 hours ago | Listing updated with changes from the MLS® | |
| 7 hours ago | Listing first seen on site |
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