701 N 42nd St, Philadelphia, PA 19104

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Sold Price
$127,000
List Price
$124,999
Closing Date
Feb 03, 2026
Days on Market
28
Status
CLOSED
MLS#
PAPH2559402
Living Area
1,698
Lot Size (Acres)
0.03
Style
Traditional
Year Built
1925
County
Philadelphia
School District
Philadelphia City

Property Description

Calling all savvy investors. Now is your chance to take on a corner shell with solid bones in West Powelton and transform it into something special. The property is zoned RM1, giving you flexibility for either a spacious single home or a thoughtful multi-unit layout. The interior is a complete blank canvas and ready for your vision, offering the rare opportunity to reimagine every level from the ground up. Renovated multi-family homes in this pocket of West Powelton have sold in the high 500s, creating strong potential for future value once the work is complete. The corner placement allows sunlight to spill in from multiple directions, creating the kind of natural light that appeals to both homeowners and renters. The neighborhood supports healthy rent numbers as well, making this a strategic pick for long-term holds, flips, or redevelopment. West Powelton continues to shine with its easy access to University City, public transit, local restaurants, and community parks. Blocks from Drexel and Penn, this location attracts steady demand and remains one of the most desirable areas for investors seeking growth and stability. An ideal project for anyone ready to take a raw property and turn it into a standout addition to the neighborhood.

Additional Information

Area
19104 (19104)
Subdivision
West Powelton
School District
Philadelphia City
Heating
Forced Air
Cooling
None
Water
Public
Sewer
Public Sewer
Basement
Full

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Listing courtesy of Coldwell Banker Realty. Contact:

Selling Office: City Wide Realty Inc.