Property
Philadelphia, PA 19104 700-02 N 40Th Street
$600,000
18 more
Presented By: Keller Williams Realty Group
Beds • 9
Garage • 1
Home Details
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!
Presented By: Keller Williams Realty Group
Interior Features for 700-02 N 40Th Street
Bedrooms
Three Bedroom Units Count
Other Interior Features
LivingAreaSourceEstimated
BasementUnfinished
Basement (Y/N)Yes
Central Air Y/NNo
FlooringCarpet, Wood
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas
Total Stories3
General for 700-02 N 40Th Street
Acceptable FinancingCash, Private, Negotiable
AccessibilityNone
Architectural StyleOther
Association Recreation FeeN
CityPHILADELPHIA
Construction MaterialsOther
Cool FuelNone
CoolingNone
CountyPHILADELPHIA
DirectionsThe building is at the corner of Fairmount Avenue and North 40th Street.
DisclosuresProp Disclosure, Lead Based Paint - State
ExclusionsTo be determined.
Exterior FeaturesFire Escape, Sidewalks, Street Lights
FULLFee Simple
Garage Spaces1.00
Garage Y/NYes
HeatingBaseboard - Hot Water
Lease TypeMonth to Month
Location TypeUrban
Lot Size Square Feet6331.00
Lot Size UnitsSquare Feet
MLS Area19104 (19104)
ModificationTimestamp2024-11-20T15:51:03
MunicipalityPHILADELPHIA
New ConstructionNo
NumberOfUnitsTotal4
One Bedroom Units Count9
Other StructuresAbove Grade
Patio/Porch FeaturesPorch(es), Patio(s)
PossessionNegotiable, Settlement
Price Per Sq Ft Total AG109.29
Property SubtypeOther
Property TypeMulti-Family
RoofFlat
School DistrictTHE SCHOOL DISTRICT OF PHILADELPHIA
SewerPublic Sewer
Single Room Units Count0
Standard StatusActive
StatusACTIVE
Structure TypeOther
Tax Annual Amount4523.0
Tax Assessed Value323200.0
Tax Year2024
Total SQFT5490
TransportationAirport less than 10 miles, Bus Stop less than 1 mile, Metro/Subway Station less than 1 mile, Commuter Rail Station 1 to 5 miles
Two Bedroom0
Vacation Rental Y/NNo
ViewStreet
Water Access Y/NNo
Waterfront Y/NNo
Year Built1935
Year Built SourceEstimated
ZoningRM-1
Exterior for 700-02 N 40Th Street
# of Detached Garage Spaces1
Foundation DetailsOther
Garage FeaturesGarage - Side Entry
InclusionsTo be determined.
Land Assessed Value83440.00
Lot Dimensions55 X 115
Lot FeaturesCorner, Additional Lot(s)
Lot Size Acres0.15
Lot Size SourceEstimated
LotDimensionsSourceEstimated
Navigable Water Y/NNo
Parking FeaturesSecure Parking
PoolNo Pool
Total Parking Spaces1
Type of ParkingOn Street, Detached Garage
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Additional Details
Price History
Fabiane Farias
Associate