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 Features
Bedrooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Interior Features
Heating and Cooling
- Heating Features: Baseboard - Hot Water
- Heating: Yes
Land Info
- Lot Size Acres: 0.0792011
- Lot Size Square Feet: 3449
Homeowners Association
- Association: No
- Calculated Total Monthly Association Fees: 0
School Information
- School District: PHILADELPHIA CITY
Other Property Info
- Municipality: PHILADELPHIA
- Annual Tax Amount: 2753.0
- Source Listing Status: Active
- County: PHILADELPHIA
- Disclaimer: Standard
- Ownership: Fee Simple
- Source Property Type: Residential
- Area: PHILADELPHIA
- Property Subtype: townhouse
- Source Neighborhood: UNIVERSITY CITY
- Postal Code Plus 4: 1636
- Subdivision: UNIVERSITY CITY
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 2370
- Year Built: 1935
- Above Grade Finished Area: 2370
- Construction Materials: Masonry
- Property Age: 90
- Levels or Stories: 3
- Structure Type: Twin/Semi-Detached
- Total Area Sqft: 2370