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$275,000

Beds
4
Baths
4.0
sq ft
2,370

702 N 40th St, Philadelphia, PA 19104

702 N 40th St

PHILADELPHIA, PA 19104

  • 3 days on market
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!

Details

Property type

Duplex

Lot size

3,450 sq ft

Price per sq ft

$117

Year built

1935

Annual property taxes

$2,753

HOA

No

Price History

02/19/2025
Bright

Bright #PAPH2446798

Price change
$275,000
+22.22%
02/18/2025
Bright

Bright #PAPH2446798

Listed
$225,000

Schools & Community

Neighborhood: 

Belmont

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

PHILADELPHIA CITY

Status: Active

Tomo last checked: 02/22/2025 at 5:45 PM

Listing updated: 02/19/2025 at 6:59 AM

Listed by: Eric D Feinberg, Keller Williams Realty Group Phone #: (610) 792-5900

MLS: Bright #PAPH2446798

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