702 N 40Th Street, Philadelphia, PA 19104-1636 $275,000

Beds/Baths: 4/4
Interior Sq. Ft: 2,370
Acreage: 0.08
Age:90 years
Style:
Other
MLS#: PAPH2446798
Subdivision: University City
Design/Type:
Twin/Semi-Detached

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. Seller requires properties to be sold as a package. 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: $2,753
Home Assoc: No
Condo Assoc: No
Garage: N
Basement: Y
Pool: No Pool
School Dist: Philadelphia City

Features

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

Garage/Parking
None

Interior
Unfinished Basement, Carpet Flooring, Wood Flooring, High Ceilings

Exterior
Brick/Mortar Foundation, Flat Roof, Masonry

Contact Information

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

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Listing data as of 3/14/2025.