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!
Property Details
Property Features
Listing Office:
Office Name: Keller Williams Realty Group
Office Phone: (610) 792-5900
Listing Agent: Eric D Feinberg
Lot Features
Lot Information:
Lot: Corner Lot
Lot Size: 0.15 Acres
Other
Directions Information:
Directions: The two properties are at the corner of Fairmount Avenue and North 40th Street.
Municipality:
Philadelphia
Price Information
Listing Price Info
Price Summary:
List Price: $600,000
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Housing Market Comparison
See how this home compares to others in Philadelphia, PA.
This property is $334.6K more than the Median Sold Price in Philadelphia, PA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: BRIGHT
MLS Number: #PAPH2415344
Listing Office:
Office Name: Keller Williams Realty Group
Office Phone: (610) 792-5900
Listing Agent: Eric D Feinberg
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
We're sorry, we currently don't have sales or tax history data for this listing.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Samuel Powel Elementary School
301 N 36th St
Distance between this listing and this school0.49 miles
Public District Grades KG-4
3
/10
Inquiry Charter School
1301 Belmont Ave
Distance between this listing and this school1.29 miles
Public Charter Grades PK-5
3
/10
Universal Institute Charter School at Bluford
5801 Media St
Distance between this listing and this school2.11 miles
Public Charter Grades KG-6
Nearby Schools
6
/10
Science Leadership Academy Middle School
3600 Market St
Distance between this listing and this school0.42 miles
Public District Grades 5-8
8
/10
Penn Alexander School
4209 Spruce St
Distance between this listing and this school0.45 miles
Public District Grades KG-8
2
/10
Alain Locke Elementary School
4550 Haverford Ave
Distance between this listing and this school0.62 miles
Public District Grades KG-8
Nearby Schools
5
/10
Paul Robeson High School for Human Services
4125 Ludlow St
Distance between this listing and this school0.20 miles
Public Magnet Grades 9-12
4
/10
Parkway West
4725 Fairmount Ave
Distance between this listing and this school0.87 miles
Public Magnet Grades 9-12
3
/10
The Workshop School
221 S Hanson St
Distance between this listing and this school0.89 miles
The neighbors living near this home have an average income of $24,118. Most Philadelphia, PA residents have annual incomes less than $35k. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 700-02 N 40th St
What is the listing price of this property?
The listing price of 700-02 N 40th St property is $600,000.
What type of property is this?
The property 700-02 N 40th St is land located in Philadelphia, Pennsylvania, 19104.
Is this property for sale now?
Active Listing: 700-02 N 40th St is For Sale (Active/New) which means the seller is accepting offers.
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This home is located at 700-02 N 40th St in Philadelphia, PA and zip code 19104 in the Powelton neighborhood. This home sits on a 0.15 acre lot. It has been listed on Rocket Homes since November 15, 2024 and is currently priced at $600,000.
Philadelphia, PA housing market in November 2024 saw over 219 listings sold above listed price, more than 204 sold at listed price and over 523 sold below. The number of homes for sale in Philadelphia, PA increased by 1.8% between October 2024 and November 2024. Listings spent 45 days on the market in November 2024, and had a median list price of $265,372 during the same period.
From Rocket Homes Real Estate and based on county public records data.
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement. 
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