700-02 N 40th St, PHILADELPHIA, PA

$550,000

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5,490

Square feet

0.15

Acres

About 700-02 N 40th St

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!

Features of 700-02 N 40th St

MLS® # PAPH2415326
Price $550,000
Bathrooms 0.00
Square Footage 5,490
Acres 0.15
Year Built 1935
Type Commercial Sale
Sub-Type Five Or More Units
Status Active

Community Information

Address 700-02 N 40th St
Area 19104
City PHILADELPHIA
County PHILADELPHIA-PA
State PA
Municipality PHILADELPHIA
Zip Code 19104

Amenities

Parking Private
View Street
Is Waterfront No

Interior

Heating Baseboard - Hot Water
Cooling None
Has Basement No
Fireplace No
# of Stories 3

Exterior

Lot Description Corner Lot
Roof Flat
Foundation Other

School Information

District THE SCHOOL DISTRICT OF PHILADELPHIA

Additional Information

Date Listed November 15th, 2024
Days on Market 337
Zoning RM-1
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeKeller Williams Realty Group
Contact Info6107925900

Listing Map

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