700-02 N 40Th Street, Philadelphia, PA 19104 $550,000

# of Units: 4
Interior Sq. Ft: 5,490
Acreage: 0.15
Age:90 years
Taxes: $4,523
MLS#: PAPH2414946
Design/Type:
Other

Description

ATTENTION Investors and Builders!! Great opportunity in one of the fastest growing zip codes in Philadelphia, University City! LOCATION LOCATION LOCATION...get in now while you still can. University City is one of the fastest growing sections of the city with tons of rental demand from Drexel University, Penn University, and young professionals. The Schuylkill Yards Development is proceeding and going to double or triple values here. These 2 HUGE CORNER lots have tons of development potential. ZONED RM-1 and 55 FEET WIDE BY 115 FEET DEEP!!! 700 North 40th Street is 25 feet wide and 702 North 40th Street is 30 feet wide according to public record and both lots are 115 feet deep. With the possibility to develop 14 apartments OR MORE, this is a can't miss opportunity. Bring your offers fast, this one won't last long! Properties are being sold AS-IS!

Taxes: $4,523
Home Assoc: No
Condo Assoc: No
Garage: Y
Basement: Y
Pool: No Pool
School Dist: The School District Of Philadelphia

Features

Utilities
Baseboard - Hot Water Heating, Natural Gas, None, None, Hot Water - Natural Gas, Public Water, Public Sewer

Garage/Parking
Detached Garage, On Street, Garage - Side Entry, Secure Parking, Detached Garage Spaces #: 1;

Interior
Unfinished Basement, Carpet Flooring, Wood Flooring

Exterior
Flat Roof, Patio(s), Porch(es), Fire Escape, Sidewalks, Street Lights

Lot
Additional Lot(s), Corner Lot, Urban, Street View

Contact Information

Listing Courtesy of: Keller Williams Realty Group , (610) 792-5900, teresekw@gmail.com

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Patterson-Schwartz Real Estate participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information Deemed Reliable But Not Guaranteed.
Copyright BRIGHT, All Rights Reserved
Listing data as of 3/19/2025.