#PAPH2403498, Thomas Beerley, Listing Office: Keller Williams Realty Group
700 N 40th St Philadelphia, PA 19104
Property details
About 700 N 40th St
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!
Highlights
(ACTIVE)
Summary
- MLS Number: PAPH2445492
- MLS Name: BRIGHT
- Office Name: Keller Williams Realty Group
- Office Phone: (610) 792-5900
- Office Email: teresekw@gmail.com
- Listing Agent: Eric D Feinberg
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Last updated on: 2/22/2025, 2:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$275,000
700 N 40th St
$3,266
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $135,200 | $772 |
2022 | $90,200 | $261 |
2021 | $- | $261 |
2020 | $63,700 | $891 |
2019 | $61,400 | $859 |
2018 | $63,400 | $887 |
2017 | $63,400 | $887 |
History based on county public records data.
Nearby schools
5
Samuel Powel Elementary School
Public District KG-4
0.6 mi
•301 N 36th St
3
Inquiry Charter School
Public Charter PK-5
0.8 mi
•1301 Belmont Ave
3
Universal Institute Charter School at Bluford
Public Charter KG-6
1.9 mi
•5801 Media St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $19,630. Most Philadelphia, PA residents have annual incomes less than $<35k. Most families are single, no kids. Residents of this area typically have high school diploma education.
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Frequently asked questions
About 700 N 40th St
This home is located at 700 N 40th St in Philadelphia, PA and zip code 19104 in the Belmont neighborhood. This 3,120 square foot home, which was built in 1915, sits on a 0.07 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since February 18, 2025 and is currently priced at $275,000.
In January 2025 more than 152 listings in Philadelphia, PA were sold above the asking price. During the same period more than 186 listings were sold at asking price, while more than 457 were sold below. The number of listings in Philadelphia, PA increased by 3.5% between December and January 2025. The median list price of listings available in January 2025 was $266,945, while the average time on the real estate market was 52 days.