Property

Philadelphia, PA 19104 723 N 40Th Street

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Presented By: United Real Estate
  • MLS# PAPH2414572
  • 10/28/2024
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  • Beds • 6

Home Details

Your dream investment opportunity has arrived! This impressive triplex has been beautifully renovated and is ready for its next savvy owner. Whether youre looking to expand your investment portfolio or live in one unit while generating rental income from the others, this is the perfect property for you! Each of the three 2-bedroom, 1-bathroom units offers premium features including sleek white shaker cabinets, stainless-steel appliances, glass subway tile backsplash, black hardware accents, built-in microwaves, central air, and in-unit washer/dryers. Youll also love the attention to detail with stylish wall paneling and the convenience of video doorbells and a fully equipped sprinkler system. Located in a prime area, youre just minutes from University City, Drexel, UPenn, local dining, shopping, hospitals, and public transportation. Commuting is a breeze with easy access to the Market-Frankford Line, #10 trolley, and 41st Street Station, connecting you to all of Philadelphias regional train lines. Currently operating as AirBnB rentals, the units are generating solid income: $1,600 for Unit 1 (1st floor), $1,500 for Unit 2 (2nd floor), and $1,500 for Unit 3 (3rd floor). The unbeatable location puts you near iconic Philly landmarks like the Art Museum, Philadelphia Zoo, and Center City. Dont miss out on this exceptional opportunity in one of the citys most desirable areas! Schedule your showing today!
Presented By: United Real Estate

Interior Features for 723 N 40Th Street

Bedrooms

Three Bedroom Units Count

Other Interior Features

LivingAreaSourceEstimated
BasementUnfinished
Basement (Y/N)Yes
Central Air Y/NYes
Fireplace Y/NNo
Furnished UnitsAll
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterOther

General for 723 N 40Th Street

Acceptable FinancingCash, Conventional, FHA, VA
AccessibilityNone
AppliancesBuilt-In Microwave, Oven/Range - Electric, Refrigerator, Washer/Dryer Stacked, Dishwasher
Architectural StyleTraditional
CityPHILADELPHIA
Construction MaterialsMasonry
Cool FuelNatural Gas
CoolingCentral A/C
CountyPHILADELPHIA
DirectionsUse GPS
ElectricFuses, Circuit Breakers
ExclusionsStaging
FULLFee Simple
Garage Y/NNo
HeatingForced Air, Hot Water
Lease TypeMonth to Month
Lot Size Square Feet1785.00
Lot Size UnitsSquare Feet
MLS Area19104 (19104)
ModificationTimestamp2024-11-10T16:00:05
MunicipalityPHILADELPHIA
New ConstructionNo
NumberOfUnitsTotal3
One Bedroom Units Count
Other StructuresAbove Grade, Below Grade
Other UnitsUnit 1, Unit 2, Unit 3
PossessionImmediate
Price Per Sq Ft Total AG223.84
Property SubtypeTriplex
Property TypeMulti-Family
School DistrictTHE SCHOOL DISTRICT OF PHILADELPHIA
Security FeaturesSecurity System
SewerPublic Sewer
Single Room Units Count0
Standard StatusActive
StatusACTIVE
Structure TypeTwin/Semi-Detached
Subdivision NameBELMONT
Tax Annual Amount6439.0
Tax Assessed Value460000.0
Tax Lot184\
Tax Year2024
Total SQFT2680
Two Bedroom3
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built1915
Year Built SourceEstimated
ZoningRSA5
Zoning DescriptionLegal Triplex

Exterior for 723 N 40Th Street

Foundation DetailsStone
Land Assessed Value92000.00
Land Use CodeN50
Lot Size Acres0.04
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

Fabiane Farias

Associate
Price $599,900
MLS#PAPH2414572
List Date 10/28/2024
Property Type Multi-Family
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