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Approved 6-lot residential subdivision opportunity in the heart of Newbold / Passyunk Crossing. The property is currently identified as 1328&36 S Broad Street and has been subdivided into six approved residential lots with pending addresses of 1331&41 S Carlisle Street. RSA-5 zoning approvals, subdivision approvals, approved deeds, curb cut access from Reed Street, and recorded rear access easements are already in place, significantly reducing entitlement risk and pre-development timelines for an experienced urban residential developer. The site's unique corner positioning and 12-foot rear access easement create the potential for larger-format luxury residential homes with approximately 2,900+/- square feet of living area and rare two-car rear-access parking configurations. The layout supports a differentiated product type not commonly available in surrounding South Philadelphia infill developments. Located steps from Passyunk Avenue, Broad Street, and Center City Philadelphia, the surrounding market has demonstrated strong absorption for premium new construction product, with nearby luxury residential comps supporting potential outsale pricing exceeding the $1M range depending on final design, specifications, and parking configuration. This is a rare opportunity to acquire a substantially de-risked residential development site in one of Philadelphia's most consistently active and supply-constrained residential submarkets. Subdivision plans, approved deeds, easement documentation, and zoning information available upon request

Source: BRIGHT MLS, MLS#: PAPH2621410

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  • Property Type
    Land
  • Lot
    0.19 acres

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 1327-37 S CARLISLE STREET


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
5/21/2026Source: BRIGHT MLS Added to Database
May 21, 2026
Listing provided courtesy of Addison Real Estate Company Inc- MLS# PAPH2621410MLS ProviderContact Information: [email protected] - 2157353020