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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!
| DAYS ON MARKET | 139 | LAST UPDATED | 1/21/2025 |
|---|---|---|---|
| YEAR BUILT | 1935 | COMMUNITY | 19104 (19104) |
| COUNTY | PHILADELPHIA | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| School District | THE SCHOOL DISTRICT OF PHILADELPHIA |
|---|
| PRICE HISTORY | |
| Prior to Jan 21, '25 | $600,000 |
|---|---|
| Jan 21, '25 - Today | $550,000 |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| APPLIANCES | Gas Water Heater |
| AREA | 19104 (19104) |
| CONSTRUCTION | Other |
| GARAGE | Yes |
| HEAT | Baseboard, Natural Gas |
| LOT | 6534 sq ft |
| LOT DESCRIPTION | Corner Lot |
| LOT DIMENSIONS | 55X115 |
| PARKING | Private, Garage |
| SEWER | Public Sewer |
| STORIES | 3 |
| TAXES | 4523 |
| VIEW | Yes |
| VIEW DESCRIPTION | Street |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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