Help

422 N 40TH ST, PHILADELPHIA, 19104

$6,000,000

  • Residential Income /MultiBldgs
  Price Reduced by $500,000
422 N 40TH ST, PHILADELPHIA, PA for sale.
422 N 40TH ST, PHILADELPHIA, PA for sale.
                                  422 N 40TH ST, PHILADELPHIA, PA for sale.
                                  422 N 40TH ST, PHILADELPHIA, PA for sale.
                                  422 N 40TH ST, PHILADELPHIA, PA for sale.
                                  422 N 40TH ST, PHILADELPHIA, PA for sale.
                                  422 N 40TH ST, PHILADELPHIA, PA for sale.
                                  422 N 40TH ST, PHILADELPHIA, PA for sale.
                                  422 N 40TH ST, PHILADELPHIA, PA for sale.
                                  422 N 40TH ST, PHILADELPHIA, PA for sale.
                                  422 N 40TH ST, PHILADELPHIA, PA for sale.
                                  422 N 40TH ST, PHILADELPHIA, PA for sale.
                                  422 N 40TH ST, PHILADELPHIA, PA for sale.
                                  422 N 40TH ST, PHILADELPHIA, PA for sale.
                                  422 N 40TH ST, PHILADELPHIA, PA for sale.
                                  422 N 40TH ST, PHILADELPHIA, PA for sale.
                                  422 N 40TH ST, PHILADELPHIA, PA for sale.
Courtesy of REDBLOCK Realty Inc.
PACKAGE SALE 18 upscale units throughout 5 buildings sharing a courtyard, 46 bedrooms. Located in West Powelton / Powelton Village. Fully leased, no vacancy, no delinquency. Newly built in 2015. 10 year tax abatement (7 remaining)! Low expenses! Tenants pay own electric, heating, and cooling. All units have a washer/dryer. Easy to manage and lease. Minutes to PENN, Drexel, CHOP, PENN Hospitals. There are 18 yearly leases, 1 lease per apartment. Professionally managed, great reviews. Owners do not rent rooms, thus easy to manage. Located steps from subway, trolley, and bus stop. Easy access to 30th Street Station and all nearby universities. Police station around the corner. Located within the University City District Patrol area. Property offers courtyard access and roofdeck access to most units. Tremendous opportunity for long-term hold. Cash flow from day 1! Disclosure: Some information in Trend may not be accurate due to limited ability to list over 9 units, etc. Addresses included are 422 N 40th (4 units), 426A N 40th (4 units), 426B N 40th (4 units), 443 Wiota (3 units), and 439 Wiota (3 units). Disclosure: Broker has financial interest.
Last updated on 11/20/2018
Courtesy of REDBLOCK Realty Inc.

More Details for 422 N 40TH ST

Property Class: Multi-Family
Listing Status: Active
City: PHILADELPHIA
State: PA
Zip: 19104
Area: Philadelphia – 19104
Subarea:POWELTON VILLAGE
County: PHILADELPHIA-PA
Class: Residential Income
Property Subtype: MultiBldgs
Approx Lot Size: 0.040
New Construction:Yes
Lot Area Acre: 0.04
Property Age: 3
Listing#: 7245314
School District: Philadelphia
Tax Year: 2018
Taxes/Yr: $1,081 /2018

Features for 422 N 40TH ST

Basement Type: Partial
Garage Spaces: NoGarage
Heating: HtPump-EBkUp
Property Condition: Average+Prop
Water: Public
Cooling: Central A/C
Exterior: Vinyl Siding, Brick
Hot Water: Electric
Parking: Street
Design: Triplex, Quadplex, Other
Handicap: None
Laundry Type: WasherInUnit
Sewer Septic: Public Sewer

Documents for 422 N 40TH ST

Community around 422 N 40TH ST

Schools near 422 N 40TH ST

What's near 422 N 40TH ST


View 422 N 40TH ST Philadelphia Pa 19104 on Company Site. More Real Estate Listings in Philadelphia
Data relating to real estate for sale on this website appears in part through the TREND IDX program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which BHHS Fox & Roach participates, and is provided by TREND through a licensing agreement. Real estate listings held by brokerage firms other than BHHS Fox & Roach are marked with the IDX/IDX PLUS icon & detailed information about each listing includes the name of the listing broker. The information provided by this website is for the personal, non-commercial use of consumers & 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 on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. © 2016 TREND, all rights reserved. Information deemed reliable, but not guaranteed.
  • Request More Information

  • Mortgage Calculator

    Affordability of 422 N 40TH ST PHILADELPHIA PA 19104

    $
    $
    %
    %
    $
    $
    $