New Construction
Address
424 N 40Th Street, Philadelphia, PA
Price
$ 2,099,900
Property Attributes
- MLS#PAPH2253664
- TypeMulti-Family
- CountyPHILADELPHIA
- CityPhiladelphia
- Area19104
- NeighborhoodPowelton Village
- Zip19104
- StyleBi-level
- Year Built2016
- Taxes$ 2502
- Price$ 2,099,900
- Bedrooms18
- Full Bathrooms0
- Half Bathrooms0
- Lot Size1,742 SqFt
Data Source:
Bright MLS
Property Description
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.
| Price History | |
|---|---|
| 7/1/2023 | Listed $2,199,900 |
| 2/14/2024 | 5% - $2,099,900 |
General Features
| 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 |
| OwnerPays | Water,Sewer |
| Accessibility | None |
| County | PHILADELPHIA |
| New Construction | Yes |
| Property Type | Multi-Family |
| Subdivision Name | POWELTON VILLAGE |
| Garage Y/N | No |
| Water Access Y/N | No |
| Other Structures | Above Grade,Below Grade |
| Status | ACTIVE |
| Directions | use GPS |
| ModificationTimestamp | 2024-04-30T19:02:45 |
| City | PHILADELPHIA |
| Buyer Agent Compensation | 1 |
| Total Units | 4 |
| MLS Area | 19104 (19104) |
| Lot Size Square Feet | 1782.00 |
| Tax Assessed Value | 178740.0 |
| Waterfront Y/N | No |
| Number of Units Leased | 7 |
| Street Name | 40TH |
| Tax Annual Amount | 2502.0 |
| Home Warranty Y/N | No |
| Property Condition | Excellent |
| Two Bedroom | 3 |
| Structure Type | Interior Row/Townhouse |
| Other Units | Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6,Unit 7 |
| Price Per Sq Ft | 499.5 |
| Construction Completed Y/N | No |
| Rent Control Y/N | No |
| Vacation Rental Y/N | No |
| Total SQFT | 4204 |
| Days on Market | 150 |
| Lease Type | Yearly |
| Standard Status | Active |
| Year Built Source | Assessor |
| Tax Lot | 207 |
| Buyer Agent Compensation Type | % Of Gross |
Interior Features
| Heating Fuel | Electric |
|---|---|
| Basement | Daylight,Full,Fully Finished,Heated,Improved,Interior Access |
| Hot Water | Electric |
| Basement (Y/N) | Yes |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Street Suffix | STREET |
| Central Air Y/N | Yes |
| LivingAreaSource | Assessor |
| Three Bedroom Units Count | 4 |
Exterior Features
| Water Source | Public |
|---|---|
| Type of Parking | On Street |
| Land Use Code | W70 |
| Foundation Details | Other |
| Spa | No |
| Water View Y/N | No |
| 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 | No |
| Water Oriented Y/N | No |
| LotDimensionsSource | Assessor |
Amenities
- 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
Price
Taxes
Visits
Year Built
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