1,275 Sqft Lot
1,275 Sqft Lot
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID PAPH2682462
HOA Y/N N
Annual Tax Amount $579
Tax Year 2026
Lot Size 1,275 Sqft
Acres 0.03
Lot Dimensions 15.00 x 85.00
Property Sub-Type Land
Source BRIGHT
Property Description
The proposed triplex features three thoughtfully designed 2-bedroom residences. Unit A offers a living room plus a bonus den or flex space, ideal for a home office, additional living area, or creative workspace. Unit B features a functional 2-bedroom layout, while Unit C offers access to a desirable roof deck. The property also features eligibility for a 10-year real estate tax abatement, presenting an attractive potential advantage for investors focused on maximizing cash flow and long-term returns.
With projected rents of approximately $1,600–$1,800 per unit per month, the completed triplex could generate an estimated $57,600–$64,800 in annual gross rental income, before vacancy and operating expenses.
Located in North Philadelphia's established 19133 neighborhood, the property offers convenient access to SEPTA transit, neighborhood shopping, local dining, parks, and major employment and educational destinations, including the broader Temple University area and Temple University Hospital. The location provides an opportunity to serve renters seeking urban convenience and accessibility.
Whether you're a builder looking for your next development project or an investor seeking a valuable income-producing asset, 3119 N. 13th Street presents an exciting opportunity to transform a vacant lot into a modern triplex with three potential revenue streams and long-term investment upside.
Location
State PA
County Philadelphia
Area 19133 (19133)
Zoning RM1/RSA-5
Interior
Inclusions Plans for triplex with roof deck
Exterior
Water Access N
Garage N
Building
Sewer Public Hook/Up Avail
Water Public
Schools
School District Philadelphia City
Others
Tax ID 431158100
Ownership Fee Simple
Acceptable Financing Cash, Contract, Negotiable, Private, Seller Financing, Other
Listing Terms Cash, Contract, Negotiable, Private, Seller Financing, Other
Financing Cash,Contract,Negotiable,Private,Seller Financing,Other
Special Listing Condition Standard
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REALTOR® License ID: 2191967