700-02 N 40th St, PHILADELPHIA, PA 19104

Local realty services provided by:Better Homes and Gardens Real Estate Murphy & Co.
700-02 N 40th St,PHILADELPHIA, PA 19104
$550,000
  • 9 Beds
  • - Baths
  • 5,490 sq. ft.
  • Multi-family
  • Active
Listed by:eric d feinberg
Office:keller williams realty group
MLS#:PAPH2414946
Source:BRIGHTMLS

Price summary

  • Price:$550,000
  • Price per sq. ft.:$100.18

About this home

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!

Contact an agent

contact an agent

Yes, I would like more information from BHGRE®. Please use and/or share my information with an BHGRE affiliated agent to contact me about my real estate needs. By clicking Send message, I agree an BHGRE affiliated agent may contact me by phone or text message including by automated means about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1935
  • Listing Id #:PAPH2414946
  • Added:272 day(s) ago
  • Updated:August 15, 2025 at 01:31 PM

Rooms and interior

  • Bedrooms:9
  • Living area:5,490 sq. ft.

Heating and cooling

  • Heating:Baseboard - Hot Water, Natural Gas

Structure and exterior

  • Roof:Flat
  • Year built:1935
  • Building area:5,490 sq. ft.
  • Lot area:0.15 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$550,000
  • Price per sq. ft.:$100.18
  • Tax amount:$4,523 (2024)