Versatile Multi-Family Property at 152 W Lehigh Ave
$1,799,999
152 West Lehigh Avenue, Philadelphia, PA 19133
20,485 SF
Square Feet
$88
PPSF
Property Description
Located at 152 W Lehigh Ave, Philadelphia, PA 19133, this exceptional corner property offers a spacious 20,485 square feet of usable area with 93 feet of frontage on bustling Lehigh Avenue. Zoned RM-1 with special exceptions, this versatile property is ideal for investors and developers seeking to capitalize on its strategic location and flexible zoning. The motivated seller is offering flexible financing options, making it easier than ever to secure this outstanding location.
Currently home to the Lighthouse Early Childhood Education program, this property has a proven track record as a valuable community resource. Whether continuing its legacy or reimagining the space for new ventures, this property offers unmatched potential.
Key Features
- Total Usable Area: 20,485 SF
- Frontage: 93 feet on Lehigh Avenue
- Zoning: RM-1 with special exceptions
- Current Use: Educational facility (Lighthouse Early Childhood Education)
- Potential Uses: Schools, daycare centers, multi-family residences, institutional facilities
Strategic Location Advantage
Situated on a vibrant corner in Philadelphia, the property commands attention with its expansive frontage and high visibility. Its location ensures accessibility through proximity to public transportation, local amenities, and major city arteries. This makes it an ideal destination for residents, students, and professionals alike.
Investment Highlights
This property represents a rare opportunity to acquire a versatile asset in a thriving neighborhood. With its generous square footage and flexible zoning, the possibilities are endless. Whether you envision a state-of-the-art educational institution, a nurturing daycare center, or a modern multi-family complex, this property is ready to accommodate your most ambitious projects.
Don’t miss the chance to secure this cornerstone property in Philadelphia’s dynamic real estate market. Contact us today to schedule your private tour and explore the vast potential of 152 W Lehigh Ave!
Property Details
Asset Type
MultiFamily
Zoning
RM-1
Neighborhood
Fairhill
Submarket
Philadelphia
ZIP
19133
Listing Type
sale
Net Operating Income (NOI)
$0
Debt Service Coverage Ratio (DSCR)
0.00x
Cap Rate
0.00%
Cash Flow (Annual)
-$102,395
Cash-on-Cash Return
-22.75%
Monthly Debt Service
$8,533
Annual Debt Service
$102,395
View on Map
Address
152 West Lehigh Avenue
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