700-02 North 40th Street
$600,000
—
5,490
5,490
$109
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...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!
- Listed by Eric D Feinberg • Keller Williams Realty GroupP: (484)-948-5872 ericfeinberg@kw.com
Property Details for 700-02 North 40th Street
Tax ID Number
061167100
OwnershipFee Simple
Structure TypeOther
StyleOther
WaterfrontNo
ViewsStreet
GarageYes
Cross StreetFairmount Avenue
LISTING UPDATED: 11/20/2024 03:51 PM
Property Details for 700-02 North 40th Street
Status | Active |
---|---|
MLS # | PAPH2414946 |
Days on Market | 45 |
Taxes | $4,523 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family / Fee Simple |
Year Built | 1935 |
Lot Size | 0.15 AC / 6,331 SF |
County | Philadelphia County |
Building Information for 700-02 North 40th Street
Stories-Residences4Year Built1935Building Size-Lot Size0.15 AC / 6,331 SF
Property Information for 700-02 North 40th Street
Property History for 700-02 North 40th Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 700-02 North 40th Street
This home is within The School District of Philadelphia.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | 5 to 12 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Masterman Julia R Secondary School Public5 to 12 | ||
Middle Years Alternative School Public6 to 8 | ||
West Philadelphia High School Public9 to 12 | ||
Philadelphia Learning Academy - South Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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