Incredible shovel-ready development opportunity in the Temple University/Old Kensington corridor. This double lot at 508-510 Diamond Street is being offered with approved plans and permits for four residential units, allowing you to bypass the lengthy zoning and approval process and start construction immediately. The property is surrounded by ongoing redevelopment and new construction, with strong rental demand from both Temple University and the surrounding neighborhoods. With close proximity to public transportation, major access routes, and the growing amenities of Old Kensington and Fishtown, this site offers excellent potential for long-term value and cash flow. Ideal for builders or investors seeking a fully entitled project in one of Philadelphia's fastest-growing markets.
| MLS # | PAPH2595308 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Days On Site | 209 |
| Listing Provided By | Keller Williams Main Line | nabila baba alaoui-jackson |
| Zoning | RM1 |
|---|---|
| Acreage | 0.02 |
| Garage Yes / No | No |
|---|
| Tax Annual Amount | 2838 |
|---|
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19122 |
| Area | 19122 (19122) |
| Community Name | NORRIS SQUARE |
| School District | THE SCHOOL DISTRICT OF PHILADELP |
| Listing VS Median (in NORRIS SQUARE) | |
Price: $269,900 low | high Med: $134,750 On site: 209 low | high Med: 116 | |
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19122 |
| Area | 19122 (19122) |
| Community Name | NORRIS SQUARE |
| School District | THE SCHOOL DISTRICT OF PHILADELP |
| Listing VS Median (in NORRIS SQUARE) | |
Price: $269,900 low | high Med: $134,750 On site: 209 low | high Med: 116 | |