723 N 40Th Street Philadelphia, PA $ 649,999
723 N 40Th Street
$ 649,999
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723 N 40Th Street

Philadelphia, PA, 19104
$ 649,999
Bedrooms6 Baths0.0

Monthly Estimate*

$ 4,320

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Multi-Family Home for sale in Philadelphia, PA

for $649,999 with 6 bedrooms. This home was built in 1915 on a lot size of 0.04.

This is the one you've been waiting for!! Stunning, ultra modern, and recently renovated triplex is awaiting its next owner! Here is the perfect opportunity to add this triplex to your investment portfolio and live in one unit while renting out the others. This building offers you three 2-bedroom, 1 bathroom units all with a sprinkler system. Each unit boasts top of the lines finishes such as white shaker cabinets, stainless-steel appliances, glass subway tile backsplash, black accents, built in microwave, central air, in unit washer and dryer, ornate wall panelling and video doorbell. This location is in close proximity to University city, local restaurants, shopping, hospitals and public transit allowing for ease of travel in and out of the city. These units are currently being used as Air BnB rentals and the unit rental breakdown is as follows 1st floor Unit 1 $1,600/month, 2nd floor Unit 2 $1,500/month, 3rd floor Unit 3 $1,500/month Schedule your showing today!

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Multi-Family Active

Price

$ 649,999

Bedrooms

6

Property Type

Multi-Family

Taxes

$ 6,439

Style

Traditional

Lot Size

0.04

Year Built

1915

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2314656

Features
Interior
Heating Fuel Natural Gas
Hot Water Other
Heating Y/N Y
Fireplace Y/N N
Street Suffix STREET
Central Air Y/N Y
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General
Sewer Public Sewer
Heating Forced Air Hot Water
Cooling Central A/C
Possession Immediate
Appliances Built-In Microwave Oven/Range - Electric Refrigerator Washer/Dryer Stacked Dishwasher
Zoning RSA5
Architectural Style Traditional
Security Features Security System
Construction Materials Masonry
Exclusions Staging
Year Built 1915
Electric Fuses Circuit Breakers
Property SubType Triplex
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Natural Gas
Municipality PHILADELPHIA
Accessibility None
County PHILADELPHIA
Net Operating Income 48671.00
New Construction N
Property Type Multi-Family
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Status ACTIVE
Directions Between 40th St and Sloan St
City PHILADELPHIA
Buyer Agent Compensation 2.5
Total Units 3
MLS Area 19104 (19104)
Lot Size Square Feet 1785.00
Waterfront Y/N N
Number of Units Leased 1
Street Name 40TH
Tax Annual Amount 6439.0
Property Condition Excellent
Two Bedroom 3
Structure Type Twin/Semi-Detached
Price Per Sq Ft Total 242.54
Acceptable Financing Cash Conventional FHA VA
Vacation Rental Y/N N
Days on Market 103
Lease Type Month to Month
Standard Status Active
Year Built Source Assessor
Tax Lot 184\
Total Actual Rent 55200.00
Cap Rate 7.20
Buyer Agent Compensation Type % Of Gross
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Exterior
Pool No Pool
Water Source Public
Type of Parking On Street
Foundation Details Stone
Water View Y/N N
Lot Dimensions 17.00 x 105.00
Lot Size Acres 0.04
Lot Size Units Square Feet
Lot Size Source Assessor
Land Assessed Value 92000.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 723
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* Excluded Features
List By
Keller Williams Real Estate-Blue Bell

Broker

sharynsoliman@gmail.com

Email

Affordability Calculator

$4,857
Per Month
89%
11%
0%
Monthly Principal & Interest
$4,320
Monthly Property Taxes
$537
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
4488946 Elementary School
4488947 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/2/2024$649,999 -3.70% Price Down
2/6/2024$675,000 Listed Price

Map


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723 N 40Th Street, Philadelphia, PA, 19104 is a Multi-Family Home for sale at $649,999 with a lot size of 0.04. 723 N 40Th Street has 6 bedrooms, 0.0 baths, and was built in 1915. The property's zip code is 19104 which is in Philadelphia, PA