Homes for sale - 1324 W CUMBERLAND ST, Philadelphia, PA 19132

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Jon Prettyman

prettyawesomehomes@gmail.com +1(301) 943-2227

Listed by ERIC Andrew Dvotsky • BHHS Fox & Roach-Center City Walnut

$ 450,000

Est. payment | -/mo

1,036 Sqft Lot

Save

$ 450,000

Est. payment | -/mo

Save

1,036 Sqft Lot

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID PAPH2567020

Year Built 1915

Annual Tax Amount $3,115

Tax Year 2024

Lot Size 1,036 Sqft

Acres 0.02

Lot Dimensions 17.00 x 63.00

Property Sub-Type Five Or More Units

Source BRIGHT

Property Description

Philly CRE Advisors is pleased to present a premier dual-property investment opportunity in the heart of the rapidly growing Templetown neighborhood, just one block off Broad Street and minutes from Temple University's bustling campus. This offering combines two strategically positioned parcels—1324 W Cumberland St and 2453-57 N Park Ave—providing exceptional potential for value-add or ground-up development in a high-demand rental corridor. 1324 W Cumberland St is a substantial RM-1 zoned corner triplex featuring nearly 3,000 sq ft of interior space. Although legally recognized as a triplex, the property is currently configured as a single-family residence, creating remarkable flexibility and a prime opportunity to convert the building back into multiple residential rental units. Its location is ideal for attracting strong and consistent demand from students, medical staff, and working professionals. The surrounding area continues to benefit from steady investment, rising home values, and excellent access to public transportation via the Broad Street Line and multiple SEPTA bus routes. Adjacent to the residence is 2453-57 N Park Ave, a 4,728 sq ft CMX-2 zoned vacant lot (approximately 48x99 ft). This parcel offers substantial development potential, including conceptual capacity for up to eight residential units and one commercial space. Investors and developers should consult with their architect and professional team to verify all development possibilities, review plans, and confirm feasibility given the zoning flexibility and the ongoing growth of the Templetown market. Together, these two parcels provide more than 6,700 sq ft of combined land in a rapidly developing neighborhood near Temple University Hospital, major transit lines, and a wide variety of local dining and amenities. This rare package presents a scalable and compelling opportunity for developers or investors seeking value-add potential in one of Philadelphia's fastest-evolving submarkets. Contact us today for more information or to schedule a site visit!

Location

State PA

County Philadelphia

Area 19132 (19132)

Zoning RM1

Interior

Hot Water Electric

Heating Radiant

Cooling None

Heat Source Natural Gas

Exterior

Water Access N

Accessibility None

Garage N

Building

Foundation Stone

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 371379605

Ownership Fee Simple

Special Listing Condition Standard

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(301) 943-2227

prettyawesomehomes@gmail.com

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