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6007 Hazel ave - Hazel Homes - 6007 Hazel Ave 0.05 Acres of Commercial Land Offered at $512,603 CAD in Philadelphia, PA 19143
Investment Highlights
- Approved 25-unit multifamily development site located in West Philadelphia.
- Surrounded by active multifamily and mixed-use developments with strong local housing demand.
- Just blocks from Cobbs Creek Golf Course, which is undergoing a major restoration, adding recreational and community amenities to the area.
- Positioned within a Qualified Opportunity Zone, offering potential tax advantages for investors.
- Excellent connectivity to employment hubs such as University of Pennsylvania and nearby transit options.
Property Facts
| Price | $512,603 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Total Lot Size | 0.05 AC |
| No. Lots | 1 | Opportunity Zone |
Yes
|
| Property Type | Land | ||
| Zoning | RM1 - Land with Zoning Approvals for 25 Unit Multifamily | ||
| Price | $512,603 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 0.05 AC |
| Opportunity Zone |
Yes |
| Zoning | RM1 - Land with Zoning Approvals for 25 Unit Multifamily |
1 Lot Available
Lot
| Price | $512,603 CAD | Lot Size | 0.05 AC |
| Price Per AC | $10,252,050.16 CAD |
| Price | $512,603 CAD |
| Price Per AC | $10,252,050.16 CAD |
| Lot Size | 0.05 AC |
25-Unit Development Site Located in Qoz.
Description
MPN Realty, Inc. is pleased to present the exclusive sale of 6007–6011 Hazel Avenue (a.k.a. Hazel Homes), a 25-unit multifamily development opportunity in West Philadelphia. Located within a Qualified Opportunity Zone (QOZ). Located outside of the MIN overlay. Ownership has obtained zoning approval for a four-story residential building comprised of twenty-five (25) units, with the following unit mix: 5 x Studios, 8 x 1 BR / 1 Bath, and 12 x 2 BR / 2 Bath. Documents available: lot consolidation, geotechnical report, ERSA, ROW, storm water plan, tree replacement plan. The site is well located along Hazel Avenue, surrounded by ongoing multifamily and mixed-use development, and benefits from strong neighborhood demand and accessibility to major employment centers such as the University of Pennsylvania, transit, and local amenities. Cobbs Creek Golf Course, located just blocks away, is “an industry leading restoration project that includes a multitude of golf and community amenities”. Inquire today for plans and details.
Property Taxes
| Parcel Number | 032108100 | Improvements Assessment | $121,603 CAD |
| Land Assessment | $30,401 CAD | Total Assessment | $152,004 CAD |
Property Taxes
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6007 Hazel ave - Hazel Homes - 6007 Hazel Ave
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