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$50,000

0beds
|
0baths
|
0sqft
318 E Albanus St,Philadelphia, PA 19120

Est.$329/moCustomize payment

Overview

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 on March 6, 2026 · Source: MLS #PAPH2589870

Property details

Cost estimate

Est. monthly payment

$291/mo
Principal & interest
$262
Property tax
$12
Home insurance (est.)
$17

Down payment

$10,00020% of list price
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Based on 20% down ($10,000), 6.85% interest rate, 30-year fixed. Insurance is an estimate. Actual costs may vary.

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Price history

DateEventPrice
Mar 6, 2026Listed for sale$50,000

Location

318 E Albanus St, Philadelphia, PA 19120

Nearby homes

$50,000

0 beds · 0 baths · 0 sqft