Property
Philadelphia, PA 19104 329 N 40Th Street
$1,750,000
1 more
Presented By: Panphil Realty, LLC
Home Details
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.
Presented By: Panphil Realty, LLC
Interior Features for 329 N 40Th Street
Bedrooms
Three Bedroom Units Count
Other Interior Features
LivingAreaSourceEstimated
BasementFull
Basement (Y/N)Yes
Central Air Y/NYes
Fireplace Y/NNo
Heating FuelElectric
Heating Y/NYes
Hot WaterElectric
General for 329 N 40Th Street
AccessibilityNone
Architectural StyleOther
CityPHILADELPHIA
Construction MaterialsBrick
Cool FuelElectric
CoolingCentral A/C
CountyPHILADELPHIA
DirectionsNorth 40th Street
Garage Y/NNo
HeatingForced Air
Lease TypeLong Term
Lot Size Square Feet2754.00
Lot Size UnitsSquare Feet
MLS Area19104 (19104)
ModificationTimestamp2025-04-07T15:01:30
MunicipalityPHILADELPHIA
New ConstructionNo
Number Of Units Total4
Number of Units Leased6
One Bedroom Units Count
Other StructuresAbove Grade
Other UnitsUnit 1, Unit 2
OwnershipFee Simple
Possession0-30 Days CD
Price Per Sq Ft Total AG218.75
Property ConditionExcellent
Property SubtypeOther
Property TypeMulti-Family
Rent Control Y/NNo
School DistrictTHE SCHOOL DISTRICT OF PHILADELPHIA
SewerPublic Sewer
Single Room Units Count0
Standard StatusActive
StatusACTIVE
Structure TypeInterior Row/Townhouse
Subdivision NameUNIVERSITY CITY
Tax Annual Amount2520.0
Tax Assessed Value1800000.0
Tax Lot173
Tax Year2025
Total Rooms20
Total SQFT8000
Two Bedroom0
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built2018
Year Built SourceEstimated
ZoningRM1
Exterior for 329 N 40Th Street
Foundation DetailsConcrete Perimeter
Land Assessed Value180000.00
Land Use CodeH50
Lot Size Acres0.06
Lot Size SourceEstimated
Navigable Water Y/NNo
PoolNo Pool
Type of ParkingOn Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Additional Details
Price History
Charles Torres
Owner
Price
$1,750,000
MLS#PAPH2398888
List Date
09/19/2024
Property Type
Multi-Family
Phone
(973) 332-3023