Views
Address
705 N 40Th Street Philadelphia, PA
Price
$ 225,000
Property Attributes
  • MLS#PAPH905950
  • TypePending
  • CountyPHILADELPHIA
  • CityPhiladelphia
  • Area19104
  • Zip19104
  • StyleTraditional
  • Year Built1960
  • Taxes$ 2030
  • Price$ 225,000
  • Bedrooms6
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size1,742 SqFt
Listing Provided Courtesy Of:
Keller Williams Philly
Data Source:
Bright MLS
Property Description

RARE AND INCREDIBLE OPPORTUNITY to own an income producing TRIPLEX in HOT HOT HOT University City. New construction lining the entire block. All three units are 2 bedroom, 1 bath apartments. Framing complete, roof replaced in 2008, rough electric complete & inspection done, all plumbing drainage installed, otherwise in need of full rehab. Incredible views of the Center City Skyline from the top unit. Projected total monthly rental income= $4500-5500/mo. When renovated, ARV $625,000+. 701 & 703 N 40th Street (to right of property) is about to break ground with 11 luxury condos. Schedule your private tour today.

Price History
6/22/2020 Listed $225,000

General Features

Acceptable Financing Cash, FHA 203(k)
Accessibility None
Architectural Style Traditional
Construction Materials Masonry
Cool Fuel None
Cooling None
County PHILADELPHIA
Days on Market 4
Garage Y/N No
Heating Forced Air
High School District THE SCHOOL DISTRICT OF PHILADELPHIA
MLS Area 19104 (19104)
Municipality PHILADELPHIA
New Construction No
Other Structures Above Grade, Below Grade
Ownership Fee Simple
Possession Immediate
Price Per Sq Ft 93.75
Property SubType Triplex
Property Type Multi-Family
Sewer Public Sewer
Structure Type Twin/Semi-Detached
Tax Annual Amount 2030.0
Tax Lot 141
Tax Year 2021
Total Units 3
Two Bedroom 3
Vacation Rental Y/N No
Water Access Y/N No
Zoning RM1

Interior Features

Central Air Y/N No
Heating Fuel Natural Gas
Heating Y/N Yes
Hot Water Electric
Living Area 2400

Exterior Features

Lot Dimensions 17.00 x 105.00
Lot Size Acres 0.04
Lot Size Source Assessor
Lot Size Square Feet 1785.00
Navigable Water Y/N No
Pool Y/N No Pool
Type of Parking On Street
Water Oriented Y/N No
Water Source Public
Water View Y/N No
Waterfront Y/N No

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 Pending Average in 19104

Price
AVG $280K
$230K
Taxes
AVG $2,463
$2,030
Visits
AVG 78
231
Year Built
AVG 1945
1960
Walkscore
AVG 85
80
Data Provided by Walkscore ® not using MLS data

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