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Updated almost 7 years ago on . Most recent reply

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100
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Akeem Moreno
  • Real Estate Agent
  • Brooklyn, NY
25
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100
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Raw land PA Philadelphia

Akeem Moreno
  • Real Estate Agent
  • Brooklyn, NY
Posted

Thinking about buying just the land in PA Philadelphia area good or bad idea?

Most Popular Reply

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1,401
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902
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Troy Sheets
  • Developer
  • Philadelphia, PA
902
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1,401
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Troy Sheets
  • Developer
  • Philadelphia, PA
Replied
Originally posted by @Zack Hawkins:

Seems there’s a lot of variables here. What makes you think you’d be allowed to chop an RSA-3 into separate parcels? That’s a single family semi-detached zoning requiring a sidelot. What would the hardship be?

The adjacent property, is that privately or city owned? What makes you think the city will condemn/demo it? How would you acquire the property? What’s the zoning of that property that would allow 3-4 units?

And RSA-3 requires a large lot (by Philadelphia standards) as it is so it'd have to be 5k sq feet at least and have 50' of frontage to divide it up into at least two lots. Not a lot of those around. My guess is someone didn't do their homework...

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