Francisville/Yorktown RM1 Shell – By-Right Multi-Unit at $175K

Francisville / Yorktown | 3-Story RM1 Shell | By-Right Multi-Unit | Contract For Sale
xx31 N 18th St, Philadelphia, PA 19121

ATTENTION DEVELOPERS & MULTIFAMILY INVESTORS!
Here’s a 3-story, RM1-zoned shell of roughly 2,700 sq ft in the Francisville/Yorktown section of Philadelphia, sitting in an active development corridor with strong rental and resale demand. This is a true blank-slate building—offering a by-right multi-unit conversion and the freedom to design your own unit mix, layouts, and finishes to match today’s tenant and buyer preferences.
 

🏠 Property Details:

• 3-story shell
• Approx. 2,700 sq ft
• Lot size: approx. 20' × 94' (2,706 sq ft)
• Zoning: RM1
• Annual taxes: $5,210
   

💡 Key Highlights:

• RM1 zoning – by-right multi-unit conversion potential (buyer to verify plans)
• Full shell – ideal for ground-up redesign of unit mix and floorplans
• Located in Francisville/Yorktown, an active development corridor
• Strong rental and resale demand in the immediate area
• Perfect for a multifamily rental, condo exit, or long-term hold strategy

📈 ARV & Comps:

• Estimated ARV: ≈ $500,000 (depending on final unit mix and finishes)
• Comps & data:  https://tinyurl.com/2fvdmjsx

📄 Terms:

• Sold AS-IS
• Cash or hard money only
• Buyer pays all transfer taxes and closing costs

📞☎️  Call or text our team at: 215-395-6211

Showings by Appointment Only!  POF required for showing.