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Nick Lutkins

nick@lutkinsgroup.com +1(703) 626-6276

Listed by ERIC Dvotsky • BHHS Fox & Roach-Center City Walnut

$105,000

Est. payment - /mo

5 Beds

2 Baths

1,958 SqFt

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UPDATED:

Key Details

Property Type Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 1,958 sqft

Price per Sqft $53

Subdivision Nicetown-Tioga

MLS Listing ID PAPH2622048

Style Traditional

Bedrooms 5

Full Baths 2

HOA Y/N N

Abv Grd Liv Area 1,958

Year Built 1930

Annual Tax Amount $2,082

Tax Year 2025

Lot Size 1,276 Sqft

Acres 0.03

Lot Dimensions 16.00 x 82.00

Property Sub-Type Interior Row/Townhouse

Source BRIGHT

Property Description

1948 Rowan St presents a prime value-add opportunity in Philadelphia for investors, developers, or savvy end users seeking a multifamily redevelopment project. The property is a legal shell currently zoned RM-1 multifamily, offering potential for future residential redevelopment in an area experiencing continued investment and neighborhood growth. The property is being sold in as-is condition and will require a full renovation, making it well-suited for buyers looking to create long-term value through redevelopment or repositioning. Conveniently located near public transportation, major roadways, shopping, and neighborhood amenities, the property benefits from strong accessibility and increasing demand throughout the surrounding area. Buyer is solely responsible for conducting their own due diligence regarding zoning, permitted uses, licensing, occupancy requirements, and redevelopment potential. Buyers are strongly advised to consult with their attorney, architect, and licensed professionals to independently verify all zoning and development information prior to purchase.

Location

State PA

County Philadelphia

Area 19140 (19140)

Zoning RM1

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling None

Fireplace N

Heat Source Natural Gas

Exterior

Water Access N

Accessibility None

Garage N

Building

Story 2

Foundation Stone

Above Ground Finished SqFt 1958

Sewer Public Sewer

Water Public

Architectural Style Traditional

Level or Stories 2

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Philadelphia City

Others

Senior Community No

Tax ID 131356200

Ownership Fee Simple

SqFt Source 1958

Special Listing Condition Standard

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NEARBY SCHOOL & BUSINESS

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Nick Lutkins

+1(703) 626-6276

Team Leader, Realtor

1948 ROWAN ST Philadelphia, PA 19140

Nick Lutkins

Key Details

Location

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

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