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321 N 40TH Street

PHILADELPHIA, PA 19104
  • $1,595,000
  • STATUS: Active
  • ON SITE: 78 Days
  • ID#: PAPH2211464
UPDATED: 64 min ago
$1,595,000
  • 0
    BEDS
  • 0.05
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,792
    SQFT
  • $275
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
2016
County:

School Information

Elementary School:

Description

Fully rented, five unit building with an annual gross rental income of $125,000.Built in 2016 (with a tax abatement through 2026), this building features separate utilities and separate HVAC for each residence. Hardwood floors, granite and stainless kitchens (including Shaker cabinetry, dishwashers, and built-in microwaves), tile baths throughout. Each apartment has its own washer/dryer. And each unit comes partially furnished. Spacious unfinished basement for extra storage.Units consist of two 5BR/2bth, one 4BR/2bth, and two 2BR/1bth.Fully rented through July/August of 2023.Superb opportunity in the heart of the absolutely red-hot West Powelton neighborhood. Easily walkable to the University City Science Center and the entire West Philly tech corridor, Drexel & Penn, Penn-Presby Hospital, and more. So many restaurants and coffee shops! Many convenient SEPTA options. Less than 10 minutes by car or bike into Center City.

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©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Shawn Martin Group | Keller Williams Flagship of Maryland. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-05-28T07:50:27.947.
www.mymarylandrealestate.com/homes/137612527
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321 N 40TH Street PHILADELPHIA, PA 19104

  • Price: $1,595,000
  • Status: Active
  • On Site: 78 Days
  • Updated: 64 min ago
  • ID#: PAPH2211464
0
Beds
0
Baths
0
½ Baths
0.05
Acres
5,792
SQFT
$275
$/SQFT
2016
Built
Neighborhood:
University City
County:
Philadelphia
Area:
19104 (19104)
Elementary School:
Powel Samuel
School District:
The School District Of Philadelphia
Property Description
Fully rented, five unit building with an annual gross rental income of $125,000.Built in 2016 (with a tax abatement through 2026), this building features separate utilities and separate HVAC for each residence. Hardwood floors, granite and stainless kitchens (including Shaker cabinetry, dishwashers, and built-in microwaves), tile baths throughout. Each apartment has its own washer/dryer. And each unit comes partially furnished. Spacious unfinished basement for extra storage.Units consist of two 5BR/2bth, one 4BR/2bth, and two 2BR/1bth.Fully rented through July/August of 2023.Superb opportunity in the heart of the absolutely red-hot West Powelton neighborhood. Easily walkable to the University City Science Center and the entire West Philly tech corridor, Drexel & Penn, Penn-Presby Hospital, and more. So many restaurants and coffee shops! Many convenient SEPTA options. Less than 10 minutes by car or bike into Center City.
Exterior Features

Architectural Style Other Construction Materials Brick Garage YN No Parking Types None Pool No Pool Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 5792 Basement Unfinished Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Central A/CZoned Exclusions Tenants' Furniture. Fireplaces Total 0 Heating CentralZoned Heating YN Yes Inclusions All Appliances. Landlord's Furnishings. Single Room Units 0 Three Bedroom Units 0 Two Bedroom Units 0

Property Features

Accessibility Features Other Assessment Year 2023 Central Air YN Yes Cooling Fuel Electric Cross Street Powelton/Baring Foundation Details Concrete Perimeter Heating Fuel Electric Hot Water Electric Municipality Philadelphia Navigable Water YN N New Construction YN No Number Of Units Leased 5 Number Of Units Total 4 Number Of Units Vacant 0 Original MLSNumber 802198885776 Ownership Interest Fee Simple Possession Negotiable Property Sub Type Other Sale Type Standard Sewer Public Sewer Structure Design Type Detached Tax Annual Amount 1618.00 Tax Assessment Amount 115630.00 Tax Lot 366 Vacation Rental YN No Water Source Public Zoning Rm1

Listing courtesy of Compass Pennsylvania, Llc: .


©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Shawn Martin Group | Keller Williams Flagship of Maryland. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-05-28T07:50:27.947.
 
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The Shawn Martin Group | Keller Williams Flagship of Maryland
231 Najoles Rd #100
Millersville MD, 21108