Philadelphia, PA 19104 424 N 40Th Street

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Presented By: Archstone Realty
  • MLS# PAPH2396866
  • 09/14/2024
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  • Beds • 10

Home Details

INCREDIBLE INVESTMENT OPPORTUNITY! 424 N 40th st is 4 upscale units with shared roof deck. Each unit offering luxury and tastefully designed bi-level floor plan, hardwood flooring, stainless-steel appliances, access to roof deck and/or courtyard and tons of square footage. As you enter each unit, you are met with a large open-concept common space and extremely spacious bedrooms with sizable walk-in closets and lots of natural light! Located in Powelton Village. Newly built in 2016 with remaining tax abatment. Tenants pay own electric, heating, and cooling. All units have a washer/dryer and intercom system. 1 lease per apartment. Easy to manage and lease. Low expenses! Minutes to PENN, Drexel, CHOP, PENN Hospitals. Located within the University City District Patrol area. Steps away from subway, trolley, and bus stop. Easy access to 30th Street Station and all nearby universities. Incredible investment opportunit and Cash flow from day 1! Disclosure: Broker has financial interest and is related to the seller.
Presented By: Archstone Realty

Interior Features for 424 N 40Th Street

Bedrooms

Three Bedroom Units Count2

Other Interior Features

LivingAreaSourceAssessor
BasementDaylight, Full, Windows
Basement (Y/N)Yes
Central Air Y/NYes
Fireplace Y/NNo
Heating FuelCentral
Heating Y/NYes
Hot WaterElectric
Interior AmenitiesBathroom - Tub Shower, Bathroom - Stall Shower, Breakfast Area, Built-Ins, Intercom, Upgraded Countertops, Wood Floors

General for 424 N 40Th Street

AccessibilityNone
Architectural StyleBi-level
CityPHILADELPHIA
Construction Completed Y/NNo
Construction MaterialsMasonry
Cool FuelElectric
CoolingCentral A/C
CountyPHILADELPHIA
Directionsuse GPS
DisclosuresAgent has Financial Interest, Agent Related to Owner
Garage Y/NNo
HeatingCentral
Lease TypeYearly, Month to Month
Lot Size Square Feet1782.00
Lot Size UnitsSquare Feet
MLS Area19104 (19104)
ModificationTimestamp2025-03-30T15:27:03
MunicipalityPHILADELPHIA
New ConstructionYes
Number Of Units Total4
Number of Units Leased4
One Bedroom Units Count
Other StructuresAbove Grade, Below Grade
Other UnitsUnit 1, Unit 2, Unit 4, Unit 3
OwnershipFee Simple
Possession61-90 Days CD
Price Per Sq Ft Total AG273.53
Property ConditionExcellent
Property SubtypeQuadruplex
Property TypeMulti-Family
School DistrictTHE SCHOOL DISTRICT OF PHILADELPHIA
SewerPublic Sewer
Single Room Units Count0
Standard StatusActive
StatusACTIVE
Structure TypeInterior Row/Townhouse
Subdivision NamePOWELTON VILLAGE
Tax Annual Amount3577.0
Tax Assessed Value255600.0
Tax Lot207
Tax Year2025
Total SQFT4204
Two Bedroom2
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built2016
Year Built SourceAssessor
ZoningRM1

Exterior for 424 N 40Th Street

Foundation DetailsOther
Land Assessed Value255600.00
Land Use CodeW70
Lot Dimensions20.00 x 90.00
Lot Size Acres0.04
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
PoolNo Pool
Type of ParkingOn Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo

Additional Details

Price History

Rachel Shepherd

Price $1,149,900
MLS#PAPH2396866
List Date 09/14/2024
Property Type Multi-Family
Phone 703.929.4729
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