702 Oak Lane Avenue Philadelphia, PA 19126
Listing Courtesy of: BRIGHT IDX / Mosaic Brokerage Group, LLC

  702 Oak Lane Avenue Philadelphia, PA 19126

Active (1 Days)
$650,000
7
BED
4
BATH
4,892
SQFT

Description

As-Is Multi Family Building with Significant Upside PotentialThis is a prime investment opportunity for seasoned investors or developers looking to capitalize on a building with incredible upside potential. Located in Oak Lane, this is being offered as-is and presents an ideal opportunity for a value-add rehab project.  Given the size of the lot, there is also an opportunity to build additional units to enhance the value of this opportunity greatly.  Property is zoned CMX2 which allows for great flexibility in the underlying development potential.While the property currently requires renovation, its strategic location,  and solid structural foundation offer immense potential for future growth and profitability. With proper updates and upgrades, this property can be transformed into a high-demand, income-producing asset with substantial appreciation potential.  See pro-forma valuation to see the potential upside that this building offers.This building is priced to sell with substantial room for value creation. Whether you're looking to fix and flip or hold for long-term rental income, this property offers a fantastic opportunity to realize a significant return on investment. Key Highlights:    •    Located in a rapidly developing and high-demand area    •    Solid bones and structure, ready for a complete    •    Potential for improved market rents, long-term capital appreciation, and increased occupancy rate

MLS #:
PAPH2510656
Taxes
$6,332(2024)
Lot Size
0.25 acres
Type
Single-Family Home
Year Built
1925
Style
Converted Dwelling, Other, Traditional
School District
The School District of Philadelphia
County
Philadelphia County

Listed By

Alicia M Magill, Mosaic Brokerage Group, LLC
Source
BRIGHT IDX
Last checked Jul 1 2025 at 1:12 AM GMT+0000
Bathroom Details
  • Full Bathrooms: 4
Subdivision
  • East Oak Lane
Property Features
  • Above Grade
  • Foundation: Stone
Heating and Cooling
  • Zoned
  • Central A/C
  • Wall Unit
Basement Information
  • Full
  • Unfinished
Exterior Features
  • Stone
  • Roof: Flat
  • Roof: Pitched
Utility Information
  • Sewer: Public Sewer
  • Fuel: Natural Gas
Stories
  • 3
Living Area
  • 4,892 sqft
Location
   
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Disclaimer: Copyright 2025 Bright MLS IDX. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 6/30/25 18:12