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329 N 40TH ST Active

Philadelphia,PA 19104

$ 1850000

- Bed

- Bath

8000 SqFt

Key Details

Property Type Multi-Family, Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 8,000 sqft

Price per Sqft $231

Subdivision University City

MLS Listing ID PAPH2398888

Style Other

Abv Grd Liv Area 8,000

Originating Board BRIGHT

Year Built 2018

Annual Tax Amount $2,520

Tax Year 2025

Lot Size 2,754 Sqft

Acres 0.06

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.

Location

State PA

County Philadelphia

Area 19104 (19104)

Zoning RM1

Rooms

Basement Full

Interior

Hot Water Electric

Heating Forced Air

Cooling Central A/C

Fireplace N

Heat Source Electric

Exterior

Waterfront N

Water Access N

Accessibility None

Garage N

Building

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 881161745

Ownership Fee Simple

SqFt Source Estimated

Special Listing Condition Standard

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