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$269,900
PAPH2595308 MLS
Incredible shovel-ready development opportunity in the Temple University/Old Kensington corridor. This double lot at 508–510 Diamond Street is being offered with approved plans and permits for four residential units, allowing you to bypass the lengthy zoning and approval process and start construction immediately. The property is surrounded by ongoing redevelopment and new construction, with strong rental demand from both Temple University and the surrounding neighborhoods. With close proximity to public transportation, major access routes, and the growing amenities of Old Kensington and Fishtown, this site offers excellent potential for long-term value and cash flow. Ideal for builders or investors seeking a fully entitled project in one of Philadelphia’s fastest-growing markets.

508 Diamond St, Philadelphia

$35,000
PAPH2594380 MLS
Exciting investment opportunity. This vacant lot is zoned RM-1 and approved for a duplex, presenting a strong opportunity for builders and investors looking to maximize value in a growing Philadelphia neighborhood. The property is being sold as-is. Buyer is responsible for independently verifying zoning, permitted use, and development potential with the City of Philadelphia, as well as obtaining the required Certificate of Occupancy, if applicable. Financing may include cash or hard money financing. A $2,500 deposit and proof of funds must accompany all offers. It is recommended that settlement be completed using the seller’s preferred title company to help facilitate a smooth closing. Drive by today to explore the possibilities and envision the potential of this development site.

Philadelphia

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