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Ryan and Chestnut Sts - Pottstown Residential Development Site

1.03 Acres of Residential Land Offered at £51,176 in Pottstown, PA 19464

Investment Highlights

  • Proposed plan already in place and available to qualified buyer.
  • Great mix of residential and commercial in surrounding area.

Executive Summary

Development site for townhouse/multi family, daycare, educational and educational. Zoned NR for neighborhood residential. All public utilities are to the site. In order to build a multi family development, a zoning variance will be required but such development is consistent with the neighborhood and would be considered by the municipality. Sketch plans for proposed 18 unit and 26 unit development are available.

Property Facts

Price £51,176
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 1.03 AC
Opportunity Zone Yes

1 Lot Available

Lot

Price £51,176
Price Per AC £49,685
Lot Size 1.03 AC

Description

The property is situated two blocks from West High Street, in the west end of Pottstown Borough. The nearest major intersection is Route 422 and Route 100. It is also close to the downtown area of Pottstown, the Montgomery County Community College western campus, and public transit. 20 minutes to King of Prussia or Reading, PA on Route 422. Property situated in the Federal Qualified Opportunity Zone.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
16-00-06572-009
Land Assessment
£24,950
Improvements Assessment
£0
Total Assessment
£24,950

zoning

Zoning Code NR (Neighborhood Residential)
NR (Neighborhood Residential)
  • Listing ID: 3985367

  • Date on Market: 11/08/2016

  • Last Updated:

  • Address: Ryan and Chestnut Sts, Pottstown, PA 19464

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