424 N 40Th Street Philadelphia, PA $ 2,099,900
424 N 40Th Street
$ 2,099,900
New Construction
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424 N 40Th Street

Philadelphia, PA, 19104
$ 2,099,900
Bedrooms18 Baths0.0

Monthly Estimate*

$ 13,957

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Multi-Family Home for sale in Philadelphia, PA

for $2,099,900 with 18 bedrooms. This home was built in 2016 on a lot size of 0.04.

PACKAGE SALE! 424 N 40th st (4 units) & 441 Wiota (3 units) are 7 upscale units throughout 2 buildings with shared courtyard. Each building offering luxury and tastefully designed bi-level apartments featuring 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. Fully leased, no vacancy, no delinquency. 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: Some information needs to be verify for accuracy due to listing combine two properties and etc. Disclosure: Broker has financial interest and is related to the seller.

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Multi-Family Active

Price

$ 2,099,900

Bedrooms

18

Property Type

Multi-Family

Taxes

$ 2,502

Style

Bi-level

Lot Size

0.04

Year Built

2016

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2253664

Features
General
Interior Features Breakfast Area Built-Ins Combination Dining/Living Combination Kitchen/Dining Combination Kitchen/Living Dining Area Efficiency Entry Level Bedroom Intercom Kitchen - Eat-In Recessed Lighting Tub Sho
Sewer Public Sewer
Heating Central
Cooling Central A/C
Possession 0-30 Days CD
Appliances Built-In Microwave Dishwasher Washer Refrigerator Oven/Range - Electric Oven - Self Cleaning Intercom Dryer - Electric Disposal
Zoning RM1
Pool Y/N No Pool
Architectural Style Bi-level
Security Features Carbon Monoxide Detector(s) Intercom Smoke Detector Sprinkler System - Indoor
Construction Materials Masonry
Year Built 2016
Property SubType Other
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Electric
Municipality PHILADELPHIA
Accessibility None
County PHILADELPHIA
New Construction Y
Property Type Multi-Family
Subdivision Name POWELTON VILLAGE
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Status ACTIVE
Directions use GPS
City PHILADELPHIA
Buyer Agent Compensation 1
Total Units 4
MLS Area 19104 (19104)
Lot Size Square Feet 1782.00
Waterfront Y/N N
Number of Units Leased 7
Street Name 40TH
Tax Annual Amount 2502.0
Home Warranty Y/N N
Property Condition Excellent
Two Bedroom 3
Structure Type Interior Row/Townhouse
Price Per Sq Ft 499.5
Construction Completed Y/N N
Rent Control Y/N N
Vacation Rental Y/N N
Days on Market 150
Lease Type Yearly
Standard Status Active
Year Built Source Assessor
Tax Lot 207
Buyer Agent Compensation Type % Of Gross
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Interior
Heating Fuel Electric
Basement Daylight Full Fully Finished Heated Improved Interior Access
Hot Water Electric
Basement (Y/N) Y
Heating Y/N Y
Fireplace Y/N N
Street Suffix STREET
Central Air Y/N Y
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Exterior
Water Source Public
Type of Parking On Street
Foundation Details Other
Spa N
Water View Y/N N
Lot Dimensions 20.00 x 90.00
Lot Size Acres 0.04
Lot Size Units Square Feet
Lot Size Source Assessor
Land Assessed Value 178740.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 424
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* Excluded Features
List By
Archstone Realty

Broker

yourarchstone@gmail.com

Email

Affordability Calculator

$14,165
Per Month
99%
1%
0%
Monthly Principal & Interest
$13,957
Monthly Property Taxes
$209
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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Nearby
3533249 Elementary School
3533189 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/14/2024$2,099,900 -4.55% Price Down
7/1/2023$2,199,900 Listed Price

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424 N 40Th Street, Philadelphia, PA, 19104 is a Multi-Family Home for sale at $2,099,900 with a lot size of 0.04. 424 N 40Th Street has 18 bedrooms, 0.0 baths, and was built in 2016. The property's zip code is 19104 which is in Philadelphia, PA