861 & 857 N 40th St, Philadelphia, PA 19104

$475,000

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List Price
$475,000
Days on Market
31
Status
ACTIVE
MLS#
PAPH2642952
Lot Size (Acres)
0.05
County
Philadelphia
School District
Philadelphia City

Property Description

Rare opportunity to acquire two development sites on the same block in the heart of West Philadelphia. 857 & 861 N. 40th Street are being offered together and include architectural plans for a combined 11-unit multifamily development. The proposed buildings feature modern contemporary designs with private roof decks, rear balconies, and spacious apartment layouts that cater to today's rental market. Located just blocks from University City, Drexel, Penn, major healthcare institutions, and convenient public transportation, the sites are ideally positioned for long-term rental demand. Whether you're an experienced developer looking for your next project or an investor seeking a prime development opportunity in one of Philadelphia's fastest-growing neighborhoods, this offering presents tremendous upside. Architectural plans are available upon request. Buyer to independently verify all zoning, permitting, and development information.

Additional Information

Area
19104 (19104)
Taxes
$1184
School District
Philadelphia City
Water
Public
Sewer
Public Hook/Up Avail

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Calculator source: Real Geeks

Listing courtesy of Loonstyn Brothers Realty LLC. Contact: 2672520223