New Construction
Address
424 N 40Th Street, Philadelphia, PA
Price
$ 1,149,900
Property Attributes
- MLS#PAPH2276646
- TypeMulti-Family
- CountyPHILADELPHIA
- CityPhiladelphia
- Area19104
- NeighborhoodPowelton Village
- Zip19104
- StyleBi-level
- Year Built2016
- Taxes$ 2502
- Price$ 1,149,900
- Bedrooms10
- Full Bathrooms0
- Half Bathrooms0
- Lot Size1,742 SqFt
Data Source:
Bright MLS
Property Description
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 10 year tax abatement (4 remaining)! Tenants pay own electric, heating, and cooling. All units have a washer/dryer and intercom system. All yearly leases, 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.
| Price History | |
|---|---|
| 9/11/2023 | Listed $1,149,900 |
General Features
| Accessibility | None |
|---|---|
| Architectural Style | Bi-level |
| Association Recreation Fee | No |
| Construction Completed Y/N | Yes |
| Construction Materials | Masonry |
| Cool Fuel | Electric |
| Cooling | Central A/C |
| County | PHILADELPHIA |
| Days on Market | 87 |
| Garage Y/N | No |
| Heating | Central |
| Interior Features | Bar, Breakfast Area, Built-Ins, Combination Kitchen/Living, Combination Kitchen/Dining, Floor Plan - Open, Intercom, Walk-in Closet(s) |
| Lot Size Square Feet | 1782.00 |
| MLS Area | 19104 (19104) |
| New Construction | Yes |
| Other Structures | Above Grade, Below Grade |
| Other Units | Unit 1, Unit 2, Unit 4, Unit 3 |
| Percent Ownership | Fee Simple |
| Pool Y/N | No Pool |
| Possession | 0-30 Days CD |
| Price Per Sq Ft | 273.53 |
| Property Condition | Excellent |
| Property SubType | Quadruplex |
| Property Type | Multi-Family |
| School District | 300200397108 |
| School District | THE SCHOOL DISTRICT OF PHILADELPHIA |
| Sewer | Public Sewer |
| Structure Type | Interior Row/Townhouse |
| Subdivision Name | POWELTON VILLAGE |
| Tax Annual Amount | 2502.0 |
| Tax Lot | 207 |
| Tax Year | 2022 |
| Total Units | 4 |
| Two Bedroom | 2 |
| Vacation Rental Y/N | No |
| Water Access Y/N | No |
| Waterfront Y/N | No |
| Year Built | 2016 |
| Zoning | RM1 |
Interior Features
| Basement | Daylight, Full |
|---|---|
| Central Air Y/N | Yes |
| Fireplace Y/N | No |
| Heating Fuel | Natural Gas |
| Heating Y/N | Yes |
| Hot Water | Electric |
| Three Bedroom Units Count | 2 |
Exterior Features
| Living Area | 4204 |
|---|---|
| Foundation Details | Other |
| Lot Dimensions | 20.00 x 90.00 |
| Lot Size Acres | 0.04 |
| Lot Size Source | Assessor |
| Navigable Water Y/N | No |
| Type of Parking | On Street |
| Water Oriented Y/N | No |
| Water Source | Public |
| Water View Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 19104
Price
Taxes
Visits
Year Built
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