$999,900

Property Description

Exceptional Development Opportunity in Philadelphia's rapidly growing residential market. 3616 Janney Street offers a rare chance for builders, developers, and investors to acquire a substantial 10,066 sq ft RSA-5 zoned parcel with proposed plans for an 8-unit twin home development. The project consists of 4 twin buildings totaling 8 spacious residences, all thoughtfully designed to front Janney Street with private rear parking pads for each home. Proposed homes are designed to feature approximately 1,700-2,000 sq ft of modern living space with 3 bedrooms, 2.5-3 bathrooms, open-concept floor plans, and optional roof decks. The layout provides attractive frontage widths of approximately 22-24 feet per twin, along with rear yard space and off-street parking - highly desirable amenities in today's Philadelphia new construction market. This development is positioned to capitalize on the continued demand for quality new construction housing in the area. Nearby comparable developments and recent sales support projected resale values ranging from approximately $410,000 to $435,000 per home, creating a potential total sellout between approximately $3.28M and $3.48M. The site's RSA-5 zoning allows the proposed twin development by right, offering a streamlined path for development and added confidence for builders seeking their next project. The property is ideally located with convenient access to major roadways, public transportation, shopping, dining, schools, and neighborhood amenities, making it attractive to future homeowners seeking both value and convenience. With strong market demand, generous lot dimensions, rear parking, and an efficient multi-unit layout, 3616 Janney Street represents an outstanding opportunity to deliver a highly marketable residential development in one of Philadelphia's active growth corridors. Perfect for experienced developers, builders, or investors looking to add a premium new construction project to their portfolio.

Property Facts & Features

Property Type

Land

Status

Active

Listed

May 17, 2026

ZIP Code

19134

Property Tax (2026)

$2,334/yr

Assessed Value

$166,800

Last Sold

$23,000 · Oct 3, 2002

Neighborhood

Kensington

County

Philadelphia

School District

The School District of Philadelphia

Estimated Value

Automated estimate. Not an appraisal.

Features & Amenities

Location

Lat 39.99588 · Lng -75.09803