PA > Philadelphia > University City
Philadelphia, PA 19104,700 N 40TH ST
Philadelphia, PA 19104,700 N 40TH ST
Philadelphia, PA 19104,700 N 40TH ST
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Simone Velvel

Simone Velvel

+1(703) 507-7614
$275,000
Est. payment /mo
4 Beds
4 Baths
3,120 SqFt
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UPDATED:

02/19/2025 10:54 AM

Key Details

Property Type Single Family Home, Townhouse

Sub Type Twin/Semi-Detached

Listing Status Active

Purchase Type For Sale

Square Footage 3,120 sqft

Price per Sqft $88

Subdivision University City

MLS Listing ID PAPH2445492

Style Other

Bedrooms 4

Full Baths 4

HOA Y/N N

Abv Grd Liv Area 3,120

Originating Board BRIGHT

Year Built 1915

Annual Tax Amount $2,390

Tax Year 2024

Lot Size 2,875 Sqft

Acres 0.07

Lot Dimensions 25.00 x 115.00

Property Sub-Type Twin/Semi-Detached

Property 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!

Location

State PA

County Philadelphia

Area 19104 (19104)

Zoning RM1

Rooms

Basement Unfinished

Main Level Bedrooms 4

Interior

Hot Water Natural Gas

Heating Baseboard - Hot Water

Cooling None

Flooring Carpet, Wood

Inclusions To be determined.

Fireplace N

Heat Source Natural Gas

Laundry Common, Shared

Exterior

Parking Features Covered Parking

Garage Spaces 2.0

Water Access N

Roof Type Flat

Accessibility None

Total Parking Spaces 2

Garage Y

Building

Lot Description Corner

Story 3

Foundation Brick/Mortar

Sewer Public Sewer

Water Public

Architectural Style Other

Level or Stories 3

Additional Building Above Grade, Below Grade

Structure Type High

New Construction N

Schools

School District The School District Of Philadelphia

Others

Senior Community No

Tax ID 061167100

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Negotiable

Listing Terms Cash, Negotiable

Financing Cash,Negotiable

Special Listing Condition Standard

Read Less Info
Bright MLS (BMLS)
Listed by Eric D Feinberg • Keller Williams Realty Group
agent-avatar

"Simone's passion for real estate and her love for "The DMV" are a perfect match. She has made it her mission to help local residents sell their homes quickly and at the best possible prices. Equally, she takes immense pride in assisting homebuyers in finding their perfect piece of paradise in DC, Maryland and Virginia. "

+1(703) 507-7614

simone@thevelvelgroup.com

11003 Glueck Lane, Kensington, Maryland, 20895, USA

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700 N 40TH ST

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