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Investment Highlights

  • Entitled with approved plans
  • Build 4 Single Family Homes
  • Large Level Lot
  • Developmental Site

Executive Summary

Entitled and Shovel-Ready Residential Development Site in Mt. Airy, Philadelphia County. 40' x 232' lot
Incredible opportunity for builders and investors to deliver four new homes in one of Northwest Philadelphia’s most desirable neighborhoods. Welcome to 265 E Hortter Street, an 8,946 sq ft parcel in Mt. Airy East, fully approved for the construction of four residential units: two detached single-family homes and a twin-style duplex. This breaks down to $41,250. per lot.
This project is 100% shovel-ready with zoning approval, building permits, stamped architectural and structural plans, soils investigation reports, and special inspections already in place. All four homes have been designed with 4 bedrooms, 5 bathrooms, garage parking, and flexible floor plans that meet the needs of today’s buyer.
Each home includes 3 stories, a garage, and a footprint optimized for privacy, modern living, and curb appeal. The thoughtful site layout features a widened drive aisle with a setback for ease of entry and maneuverability. Utilities are available at the street, and excavation/foundation plans are already reviewed and approved.
Permits include: RP-2024-003922, RP-2024-003925, RP-2024-003927, and RP-2024-003928. Zoning Permit #1003508 was issued following an approved ZBA hearing, eliminating any delay to break ground. There are no pilot houses or roof decks required by design, making this project compatible with neighborhood context and code requirements.
Located one block from Germantown Avenue, this site is walkable to Adelie Coffee House, High Point Cafe, Wild Hand, Juice Room, and Weavers Way Co-op. Residents enjoy easy access to Wissahickon Valley Park, SEPTA regional rail (Upsal Station), and the shops of Chestnut Hill. The neighborhood continues to attract buyers looking for large-format new construction with outdoor space and walkability.
Recent new construction sales in Mt. Airy East have closed between $650K–$750K, offering a strong exit strategy for build-to-sell, or long-term value for a build-to-hold rental portfolio. Given the city’s limited new housing inventory in established neighborhoods, this project is ideally positioned for success.
Whether you’re a builder looking for your next turnkey spec build or a real estate investor seeking a land development opportunity with clear upside, this property is ready to go.
~265-267 E Hortter Street, Philadelphia, PA 19119
~Lot Size: 8,946 sq ft | Zoned RSA-5
~Approved for 4 Residential Units
~Garage Parking for All Units
~All Plans and Permits Included
Plans, renderings, permits, and all documentation available upon request. Drive by to see the site.

Attachments

P1 1003508

Property Facts

Price $225,160 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 0.21 AC
Zoning RSA5 - Entitled and approved zoning plans for 4 single family homes with garages

1 Lot Available

Lot

Price $225,160 CAD
Price Per AC $1,096,351.52 CAD
Lot Size 0.21 AC

Two lots are combined to create one large parcel that is approximately 9000 square feet, 40' x 232'.

Description

Vacant Land

Moderately walkable
70/100
Moderately drivable
70/100
Good public transit
70/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
221000027
Land Assessment
$504,497 CAD
Improvements Assessment
$2,017,989 CAD
Total Assessment
$2,522,487 CAD
  • Listing ID: 37597759

  • Date on Market: 2025-09-09

  • Last Updated:

  • Address: 267 E Hortter St, Philadelphia, PA 19119

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