#PAPH2436322, Ara J Cheftalian, Listing Office: Urban Realty Corporation
Property details
About 430 N 62nd St
Prime Multi-Family Development Opportunity – RM1 Zoned 3-Parcel Lot! Builders & investors, don’t miss this oversized, 5,000 SQFT (50’x100’) multi-family zoned lot (RM1) in one of Philadelphia’s most strategically located areas! Sitting directly across from the legendary Jim’s Steaks, this level, rectangular lot is a rare find in the thriving Haddington neighborhood. Ideal for multi-family development, Lot Size: 5,000 SQFT (0.1148 acres) – Oversized for added value. The Frontage is 50 feet, Depth 100 feet. Topography, Level – Ready for immediate construction Tax Incentives include Eligibility for a 10-Year Tax Abatement (must apply prior to beginning construction). This is an Outstanding Affordable Housing Investment Opportunity! Philadelphia’s Housing Choice Voucher (Section 8) waiting list has over 25,000 recipients actively seeking qualifying units, making this an incredible chance to develop much-needed affordable housing while securing guaranteed rental income directly from the government. Unbeatable Location & Accessibility with Public Transit Access. 13-minute walk to Lansdowne Ave & 62nd St stop (10 trolley to 13th-Market/63rd-Malvern). Market-Frankford Line is a short walk with Just 10 minutes to University City & 20 minutes to Center City. Get anywhere on Main Line & Delaware County via 63rd street and access PHL Airport in 20-30 minutes depending on traffic. Green spaces include: Near Carroll Park Playground, Haddington Rec Center, Cobbs Creek Park & Haddington Park. CASH ONLY - Contact today to secure this prime investment!
Highlights
(ACTIVE)
Summary
- MLS Number: PAPH2459432
- MLS Name: BRIGHT
- Office Name: Livewell Properties
- Office Phone: (610) 551-4844
- Office Email: lauren@lwp-inc.com
- Listing Agent: Lauren Cierra Saidu-Kamara
- Agent Phone: (610) 551-4844
- Agent Email: lauren@lwp-inc.com
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Last updated on: 4/9/2025, 3:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$59,900
430 N 62nd St
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Price information
Property sales
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Tax history
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Nearby schools
3
Stonehurst Hills Elementary School
Public District 1-5
0.7 mi
•7051 Ruskin Ln
4
East Lansdowne Elementary School
Public District KG-6
1.1 mi
•401 Emerson Ave
4
West Philadelphia Achievement Ces
Public Charter KG-5
1.1 mi
•6701 Callowhill St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $46,346. Typical income of Philadelphia, PA residents is less than $<35k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.
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Frequently asked questions
About 430 N 62nd St
This home is located at 430 N 62nd St in Philadelphia, PA and zip code 19143 in the Cobbs Creek neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since March 20, 2025 and is currently priced at $59,900.
Over 174 listings were sold over their listed price in March 2025 in Philadelphia, PA. In the same period over 344 listings were sold below the listed price and 171 listings were sold for the listed price. The inventory of homes for sale in Philadelphia, PA between February and March 2025 increased by 29.2%. While the average time on the market in March 2025 was 50 days, the median list price was $269,412.