New Construction
Listed By:
Archstone Realty
424 N 40Th Street, Philadelphia, PA
$ 1,149,900
Property Attributes
  • MLS#PAPH2276646
  • TypeMulti-Family
  • 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
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
Sewer Public Sewer
Structure Type Interior Row/Townhouse
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


  • 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

AVG $670K
AVG $3,925
AVG 124
Data Provided by Inside Real Estate®
Year Built
AVG 1944

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