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Shovel-Ready Residential Development Site. 265 - 267 E Hortter Street in Mt. Airy East is a rare opportunity for builders, developers, and real estate investors to take on a fully entitled, shovel-ready project in one of Northwest Philadelphia's most desirable and appreciating neighborhoods. Located just off the bustling Germantown Avenue corridor, this prime development site spans 8,946 sq ft (RSA-5 zoning) and includes approved plans and building permits for the construction of four large luxury residential homes in a green setting. The project consists of two detached single-family homes and one twin home (two units)'each thoughtfully designed with 4 bedrooms, 5 bathrooms, garage parking, and flex space ideal for a home office or additional living areas. These modern layouts meet the rising demand for new construction homes with premium finishes and functional design. Key features include: Zoned RSA-5, Permits, architectural drawings, site plan, and zoning approvals included. Each lot is approximately 35' x 58'. Average price per lot is $71,250. Turnkey residential development'no delay, break ground immediately. One Garage parking for each home, a high-demand amenity. Walkable location near shops, dining, parks, and transit. Strong exit strategy options: build-to-sell or build-to-rent. Potential for high ROI, cash flow, and long-term equity growth. Located in Mt. Airy East, a neighborhood known for its historic charm, green spaces, and strong demand for large new construction housing, this site is ideal for developers looking for infill residential development, small-scale multifamily opportunities, or spec home construction in a stable market. Whether you are a builder looking to fast-track your next project, or an investor focused on value-add real estate with clear upside, this property offers a streamlined path to delivery with everything in place for immediate execution.
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County PHILADELPHIA
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MLS number: PAPH2462504
Listing agent: Tom Englett
Copyright © 2025 Berkshire Hathaway HomeServices Fox & Roach, Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.   [source]
Last update: Sunday, April 6 2025 at 10:50 a.m. EDT
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