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328 N 40TH Street

PHILADELPHIA, PA 19104
  • $719,000
  • STATUS: Active
  • ON SITE: 41 Days
  • ID#: PAPH2228530
Price Reduced
UPDATED: 141 min ago
$719,000
  • 0
    BEDS
  • 0.09
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,560
    SQFT
  • $202
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1920
County:

School Ratings & Info

Description

Great investment opportunity. This duplex has two 4 bedroom 2 bath units located within walking distance of University of Penn and Drexel Campuses! This brick detached building was fully renovated just over 5 years ago and has been fully occupied by Drexel students every year since. Total gross monthly rent is currently 4,600/month and tenants pay all their own utilities including water. The units are completed with engineered wood flooring, recessed lighting, high ceilings and large bedrooms. Each unit has 2 full bathrooms and the kitchens are complete with wood cabinets, stainless steel appliances, and granite counter tops. The property still has 4 years remaining on 10 year renovation tax abatement as well. This is a great property for the savvy investor in search of good cash flow!

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©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Iron Valley Real Estate. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-06-07T23:52:27.767.
www.amandakrallteam.com/homes/138919379
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328 N 40TH Street PHILADELPHIA, PA 19104

  • Price: $719,000
  • Status: Active
  • On Site: 41 Days
  • Updated: 141 min ago
  • ID#: PAPH2228530
0
Beds
0
Baths
0
½ Baths
0.09
Acres
3,560
SQFT
$202
$/SQFT
1920
Built
Neighborhood:
19104 (19104)
County:
Philadelphia
Area:
19104 (19104)
School District:
The School District Of Philadelphia
Property Description
Great investment opportunity. This duplex has two 4 bedroom 2 bath units located within walking distance of University of Penn and Drexel Campuses! This brick detached building was fully renovated just over 5 years ago and has been fully occupied by Drexel students every year since. Total gross monthly rent is currently 4,600/month and tenants pay all their own utilities including water. The units are completed with engineered wood flooring, recessed lighting, high ceilings and large bedrooms. Each unit has 2 full bathrooms and the kitchens are complete with wood cabinets, stainless steel appliances, and granite counter tops. The property still has 4 years remaining on 10 year renovation tax abatement as well. This is a great property for the savvy investor in search of good cash flow!
Exterior Features

Architectural Style Traditional Construction Materials Masonry Garage YN No Parking Types On Street Pool No Pool Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 3560 Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Central A/C Fireplaces Total 0 Heating Forced Air Heating YN Yes Single Room Units 0 Three Bedroom Units 0 Two Bedroom Units 0

Property Features

Accessibility Features None Assessment Year 2023 Central Air YN Yes Cooling Fuel Electric Foundation Details Stone Heating Fuel Natural Gas Hot Water Natural Gas Municipality Philadelphia Navigable Water YN N New Construction YN No Number Of Units Total 2 Original MLSNumber 802299532990 Ownership Interest Fee Simple Possession Immediate Property Sub Type Duplex Sale Type Standard Sewer Public Sewer Structure Design Type Detached Tax Annual Amount 2139.00 Tax Assessment Amount 152837.00 Tax Lot 69 Vacation Rental YN No Water Source Public Zoning Rm1

Listing courtesy of Ocf Realty Llc: .


©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Iron Valley Real Estate. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-06-07T23:52:27.767.
 
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