321 N 40TH ST, Philadelphia, PA 19104
321 N 40TH ST, Philadelphia, PA 19104
321 N 40TH ST, Philadelphia, PA 19104
321 N 40TH ST, Philadelphia, PA 19104
321 N 40TH ST, Philadelphia, PA 19104
321 N 40TH ST, Philadelphia, PA 19104
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Listed by Jordan Wiener • Compass Pennsylvania, LLC
$ 1,500,000
Est. payment | /mo

5,792 SqFt


Save
$ 1,500,000
Est. payment | /mo
Save

5,792 SqFt

Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 5,792 sqft

Price per Sqft $258

MLS Listing ID PAPH2675566

Style Other

Abv Grd Liv Area 5,792

Year Built 2016

Annual Tax Amount $1,618

Tax Year 2025

Lot Size 2,085 Sqft

Acres 0.05

Lot Dimensions 21.00 x 100.00

Property Sub-Type Detached

Source BRIGHT

Property Description

This fully occupied five-unit building commands an annual gross rental income of over $132,000. Each unit is equipped with separate utilities and dedicated HVAC systems, ensuring optimal comfort and efficiency.

The apartments showcase high-quality finishes, including hardwood flooring, granite and stainless-steel kitchens with Shaker cabinetry, dishwashers, built-in microwaves, and tile bathrooms. Each unit includes its own washer and dryer, and all but one apartment is partially furnished. Additionally, a spacious unfinished basement provides ample storage.

The property consists of two 5-bedroom, 2-bath units, one 4-bedroom, 2-bath unit, and two 2-bedroom, 1-bath units.

Located in the thriving West Powelton neighborhood, this property is strategically positioned near the University City Science Center, Drexel University, and the University of Pennsylvania, along with a variety of dining and coffee options. With multiple convenient SEPTA transportation options available, it is less than ten minutes by car or bicycle to Center City—an undeniable opportunity for any investor.

Location

State PA

County Philadelphia

Area 19104 (19104)

Zoning RM1

Rooms

Basement Unfinished

Interior

Hot Water Electric

Heating Central, Zoned

Cooling Central A/C, Zoned

Flooring Wood

Inclusions All refrigerators, washers and dryers

Fireplace N

Heat Source Electric

Exterior

Water Access N

Roof Type Flat

Accessibility Other

Garage N

Private Pool No

Building

Foundation Concrete Perimeter

Above Ground Finished SqFt 5792

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 881161690

Ownership Fee Simple

SqFt Source 5792

Special Listing Condition Standard

Bright MLS (BMLS)
Brandon Windom

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(302) 465-8055

bwindom2011@yahoo.com

1056 S State St, Dover, DE 19901, USA

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321 N 40TH ST