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Philadelphia, PA, 19120
Prime development opportunity in the Olney section of Philadelphia! This project presents investors and developers with the opportunity to construct a new residential property and capitalize on strong resale demand within the area. Recent comps support ARVs reaching up to $260,000, providing a compelling profit margin for builders seeking solid returns. Additionally, qualified projects may benefit from Philadelphia’s 10-Year Tax Abatement program, significantly enhancing long-term profitability and improving overall cash flow. Investors don't hesitate to secure this asset.
Listed by: Junard Lane, RE/MAX Ready
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