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706 N 40TH ST Philadelphia, PA 19104
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Key Details
Sold Price $280,000
Property Type Single Family Home
Sub Type Twin/Semi-Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,868 sqft
Price per Sqft $97
Subdivision Belmont
MLS Listing ID PAPH2270624
Sold Date 11/01/23
Style Traditional
Abv Grd Liv Area 2,868
Originating Board BRIGHT
Year Built 1915
Annual Tax Amount $3,934
Tax Year 2022
Lot Size 3,450 Sqft
Acres 0.08
Lot Dimensions 30.00 x 115.00
Property Description
Great investment opportunity in the Belmont / Powelton area of the city. This property is situated on a 3,450 sf Parcel which length of the parcel is from 40th street to Wiota Street. The possibilities are endless. A investor can explore the highest and best in building anywhere from 11- 15 units on the parcel. Another option could be retro fit with additional square footage added to the property, which could yield 11 units, or just rehab the space into a 5-6 unit building if a investor do not want to make it a bigger project. The Property is RM1 so any of these options would be a by right project build.
Location
State PA
County Philadelphia
Area 19104 (19104)
Zoning RSA3
Interior
Hot Water Natural Gas
Heating Radiator
Cooling None
Heat Source Natural Gas
Exterior
Water Access N
Accessibility 36\"+ wide Halls
Garage N
Building
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 061167400
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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Bought with Taison DeVore • Frink Realty, LLC