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Listed by Joe Loonstyn • Loonstyn Brothers Realty LLC
$ 475,000
Est. payment | /mo
2,300 Sqft Lot
$ 475,000
Est. payment | /mo
2,300 Sqft Lot
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID PAPH2642952
HOA Y/N N
Annual Tax Amount $1,184
Tax Year 2025
Lot Size 2,300 Sqft
Acres 0.05
Lot Dimensions 20.00 x 115.00
Property Sub-Type Land
Source BRIGHT
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.
Location
State PA
County Philadelphia
Area 19104 (19104)
Zoning RM1
Exterior
Water Access N
Garage N
Building
Sewer Public Hook/Up Avail
Water Public
Schools
School District Philadelphia City
Others
Tax ID 243161510
Ownership Fee Simple
Special Listing Condition Standard
Nearby Locations
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