Residential Lot - Hatfield Twp, PA

18 Derstine Road Hatfield Twp PA 19440  |  Montgomery County, PA
5.12 acres of Residential Land / Undeveloped Land for sale. 18 Derstine Road, Hatfield Twp, PA
Listing Status: Active
Listing Type: Sale
Price: $975,000 ($190,430/acre)
Size: 5.12 acres
Property Type(s):
Last Updated: 10/20/2016
Times Viewed: 4
Irrigated: No
Residence: Yes
Cropland Acres: Contact broker
Property ID: 3158178


this is two single family properties (18 and 48 Derstine Rd) which must be sold together. The zoning is ER Residential which permits by special exception hospital or nursing home when the lot size is greater than 5 acres. Adjacent to this property is Derstine Run - a 240 unit age restricted apartment project which was also zoned ER - but which was granted approval by a zoning variance. It is likely that an age restricted apartment would likewise receive a favorable decision with respect to a variance request on the 5 acres being offered. This 5 acres may yield somewhere between 44 and 60 units. Water/ sewer/ electric and gas are available in the immediate area. This 5 acre parcel is being offered as a land development piece for either a hospital/ nursing home by special exception OR as an age restricted apartment project which will require a zoning variance. The houses are leased on a month to month basis - tenants are NOT to be disturbed.

Map of Residential Lot - Hatfield Twp, PA

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