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ActivePhiladelphia, PA, 19125
Shovel-Ready Investor Special: East Kensington Development Lot with Poured Foundation + Pre-Approved 4-Bed Plans | 10-Year Tax Abatement Prime East Kensington flip or build-to-rent opportunity at 1924 E Oakdale St! This 600 sq ft (12×50) vacant lot comes with a foundation already poured — skip the biggest hassle and expense of new construction. Turnkey Developer Package Includes: • Previously approved plans for a modern 4-bedroom, 3-bath single-family home with finished basement + observation roof deck (est. 1,800–2,200 sq ft finished livable space) • All architectural drawings, approvals, and supporting documentation • 10-Year Philadelphia Tax Abatement fully granted and transferable — 100% exemption on building value in Year 1, stepping down 10% annually (massive long-term savings for your buyer or end-user) • Located directly next to brand-new single-family homes on the same block — instant comps and neighborhood momentum Projected completed ARV exceeds $525,000 (based on recent East Kensington new-construction sales of similar 4-bed homes). With foundation work already complete, a savvy builder can finish this project in 6–9 months for strong profit margins in one of Philly’s fastest-appreciating pockets. East Kensington is on fire — median neighborhood sales up 15% YoY, exploding demand for new construction, and proximity to Fishtown, Frankford Ave dining, and transit. Perfect for fix-and-flip, build-to-sell, or build-to-rent investors. Drive-by anytime — property is fully visible from the street. Serious cash or pre-approved buyers only. All plans available immediately upon request. Priced to move at $124,900 — this won’t last in today’s investor market. Submit your offer today and secure your piece of East Kensington’s new-construction boom.
Listed by: Ilya Zamarin, Tesla Realty Group, LLC
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