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700-02 N 40th St
For Sale $600,000
$600,000
- 9 Units
- Unknown Sq Ft
- 6,331 Sq Ft
- Unknown Cap Rate
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. 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!
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $600,000 |
| Property Type | Multi-Family |
| Usable Sqft | Unknown |
| Number of Stories | 3 stories |
| Parking Spots | 0 spots |
| Year Built | 1935 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 061167100 |
| MLS # | PAPH2415326 |
| Property ID | 321057832 |
| Lot Sqft | 6,331 |
| Zoning | RM-1 |
| Total Units | 9 |
| Days on Market | 10 |
| Original List Price | Unknown |
| Date Updated | November 20, 2024 |
| Date Created | November 14, 2024 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Eric D Feinberg an agent of . Lic #RS318964
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Data last updated: November 24, 2024.
Robert Crawford
REAL ESTATE AGENT