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329 N 40TH Street

PHILADELPHIA, PA 19104
  • $1,850,000
  • STATUS: Active
  • ON SITE: 75 Days
  • ID#: PAPH2398888
UPDATED: 33 min ago
$1,850,000
  • 0
    BEDS
  • 0.06
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 8,000
    SQFT
  • $231
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
2018
County:

School Ratings & Info

Description

This is new construction done five years ago. There are 6 apartments with 20 bedrooms and 17 bathrooms. Walking distance to UPenn and Drexel. It still has close to 5 years of tax abatement. Fully furnished apartments. Fully rented each year. Great cash flow with 10% to 20% rent increase potential. Contact me for tour.

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©2024 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 ROSS | RESIDENTIAL | RE/MAX Realty Services. 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: 2024-12-04T15:53:13.817.
www.rossrem.com/homes/155461850
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329 N 40TH Street PHILADELPHIA, PA 19104

  • Price: $1,850,000
  • Status: Active
  • On Site: 75 Days
  • Updated: 33 min ago
  • ID#: PAPH2398888
0
Beds
0
Baths
0
½ Baths
0.06
Acres
8,000
SQFT
$231
$/SQFT
2018
Built
Neighborhood:
University City
County:
Philadelphia
Area:
19104 (19104)
School District:
The School District Of Philadelphia
Property Description
This is new construction done five years ago. There are 6 apartments with 20 bedrooms and 17 bathrooms. Walking distance to UPenn and Drexel. It still has close to 5 years of tax abatement. Fully furnished apartments. Fully rented each year. Great cash flow with 10% to 20% rent increase potential. Contact me for tour.
Exterior Features

Architectural Style Other Construction Materials Brick Garage YN No Parking Types On Street Pool No Pool Property Condition Excellent Water Access YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 8000 Basement Full Basement YN Yes Cooling Central A/C Fireplace YN No Heating Forced Air Heating YN Yes Rooms Total 20 Single Room Units 0 Three Bedroom Units 0 Two Bedroom Units 0

Property Features

Accessibility Features None Central Air YN Yes Cooling Fuel Electric Cross Street BARING Existing Lease Type Long Term Foundation Details Concrete Perimeter Heating Fuel Electric Hot Water Electric Municipality PHILADELPHIA Navigable Water YN N New Construction YN No Number Of Units Leased 6 Number Of Units Total 4 Original MLSNumber 803370242198 Ownership Interest Fee Simple Property Sub Type Other Rent Control YN No Sale Type Standard Sewer Public Sewer Structure Design Type Interior Row/Townhouse Tax Annual Amount 2520.00 Tax Lot 173 Vacation Rental YN No Water Source Public Zoning RM1

Listing courtesy of Panphil Realty, LLC: .


©2024 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 ROSS | RESIDENTIAL | RE/MAX Realty Services. 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: 2024-12-04T15:53:13.817.
 
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