702 N 40th Street

PHILADELPHIA, PA 19104

  • 4 Bed(s)
  • 4.0 Bath(s)
  • 2,370 Sqft
  • 3450
    Sqft(Lot)
$275,000

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 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!

  • Property Type

    Residential

  • Subdivision

    University City

  • County

    PHILADELPHIA

  • Style

    Other

  • AD ID

    48642685

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Property Details

  • Bedroom Information

    • Total Bedrooms : 4
    • Master Bedroom Level: 4

    Bathroom Information

    • Total Baths: 4
    • Full Baths: 4

    Laundry Source

    • Laundry Type : Common,Shared

    Water/Sewer

    • Water Source : Public

    Interior Features

    • Roof : Flat
    • Basement Description: Unfinished

    Roofing Information

    • Flat

    Heating & Cooling

    • Cooling: None
    • Heating: Baseboard - Hot Water
    • Cooling Fuel: None
    • Heating Fuel: Natural Gas

  • Building Information

    • Year Built: 1935
    • Structure: Twin/Semi-Detached
    • New Construction: No
    • Built: 1935
    • Construction Material: Masonry
    • Roof: Flat
    • Foundation/Basement: Brick/Mortar
    • Architecture: Other
    • Pool/Private: No Pool
    • Roof Type: Flat

    Pool Information

    • Pool: No Pool

    Utility Features

    • Sewer: Public Sewer

    Water

    • Water Heat: Natural Gas

  • Lot Information

    • Lot Size: 3,450
    • Dimensions: 30.00 x 115.00
    • Lot Size (Acres): 0.08
    • Architectural Style: Other
    • Main Square Feet: 3,450

    Property Information

    • SQ ft: 2,370
    • SQ ft (Living Area): 2,370
    • Total Lot SQ ft: 3,450
    • Subdivision: UNIVERSITY CITY
    • Financing: Cash,Negotiable
    • Appx. Lot Dimensions: 30.00 x 115.00
    • Total Acreage: 0.08
    • New Construction: No
    • Type: Other

  • Listing Information

    • Possession: Negotiable,Settlement
    • Days Of Market: 2

  • Tax Information

    • Annual Tax: $2,753
    • Tax Year: 2024
    • Total Taxes Payment Frequency: Annually

    Possession

    • Negotiable,Settlement

    Assessment Information

    • Taxes Assessment Amount: $196,700

  • Parking Information

    • Parking Type: None

    Multi-Unit Information

    • Acceptable Financing: Cash,Negotiable
    • Roof: Flat

    Homeowners Association Information

    • Direction: The building is at the corner of Fairmount Avenue and North 40th Street.

  • School Information

    • School District: PHILADELPHIA CITY

    Utility Information

    • Water Source: Public
    • Sewer: Public Sewer
    • Cooling Fuel: None
    • Heating Fuel: Natural Gas
    • Hot Water: Natural Gas

    Location Information

    • Direction: The building is at the corner of Fairmount Avenue and North 40th Street.
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BuyOwner last updated this listing 05/13/2025 @ 10:45

  • MLS: PAPH2446798
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: BRIGHT MLS

is a Home, with 4 bedrooms which is for sale, it has 2,370 sqft, 3,450 sized lot, and 0 parking. are nearby neighborhoods.