Property
Philadelphia, PA 19104 702 N 40Th Street
$275,000
18 more
Presented By: Keller Williams Realty Group
Beds • 4
Baths • 4
SQFT • 2,370
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. 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!
Presented By: Keller Williams Realty Group
Interior Features for 702 N 40Th Street
Bedrooms
Main Level Bedrooms4
Total Bedrooms4
Bathrooms
Total Baths4
Other Interior Features
LivingAreaSourceAssessor
Below Grade Unfin Area UnitsSquare Feet
Below Grade Unfin SQFT0
Below Grade Unfin SQFT SourceAssessor
Above Grade Finished Area2370
Above Grade Finished Area SourceAssessor
Above Grade Finished Area Unit TypeSquare Feet
BasementUnfinished
Basement (Y/N)Yes
Below Grade Finished Area
Below Grade Finished Area SourceAssessor
Below Grade Finished Area Unit TypeSquare Feet
Central Air Y/NNo
Fireplace Y/NNo
FlooringCarpet, Wood
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas
Laundry TypeCommon, Shared
General for 702 N 40Th Street
Acceptable FinancingCash, Negotiable
AccessibilityNone
Additional Parcels DescriptionProperty is sold as a package with 700 North 40th Street. ALSO listed on the MLS.
Additional Parcels Y/NYes
Architectural StyleOther
Bathrooms Count Main Level4.00
Bathrooms Full Main Level4
CityPHILADELPHIA
Condo/Coop Association Y/NNo
Construction MaterialsMasonry
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.
Full Baths4
Garage Y/NNo
HOANo
HeatingBaseboard - Hot Water
Levels3
Lot Size Square Feet3450.00
Lot Size UnitsSquare Feet
MLS Area19104 (19104)
ModificationTimestamp2025-02-19T06:56:06
MunicipalityPHILADELPHIA
New ConstructionNo
Other StructuresAbove Grade, Below Grade
OwnershipFee Simple
PossessionNegotiable, Settlement
Price Per Sq Ft Total AG116.03
Property TypeResidential
RoofFlat
School DistrictPHILADELPHIA CITY
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Structure TypeTwin/Semi-Detached
Subdivision NameUNIVERSITY CITY
Tax Annual Amount2753.0
Tax Assessed Value196700.0
Tax Lot3
Tax Year2024
Total SQFT2370
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
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built1935
Year Built SourceAssessor
ZoningRM1
Exterior for 702 N 40Th Street
Foundation DetailsBrick/Mortar
InclusionsTo be determined.
Land Assessed Value59010.00
Land Use CodeCA0
Lot Dimensions30.00 x 115.00
Lot Size Acres0.08
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
PoolNo Pool
Total Parking Spaces0
Type of ParkingNone
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Additional Details
Price History
Tina Torres
Broker/Owner