422 N 40TH ST, PHILADELPHIA, PA 19104 (MLS # 1002491900)
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||9/17/2018||Tract||POWELTON VILLAGE|
|School District||THE SCHOOL DISTRICT OF PHILADELPHIA|
|Prior to Sep 17, '18||$7,800,000|
|Sep 17, '18 - Today||$6,500,000|
|CONSTRUCTION||Brick, Vinyl Siding|
|HEAT||Heat Pump - Electric BackUp|
|LOT||1742 sq ft|
|UTILITIES||Public; Public Sewer;|
Contact us about this Property
|We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Matt Russo to contact you even if your name is on a Federal or State "Do not call List".|
The data relating to real estate for sale on this website appears in part through the TREND Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Berkshire Hathaway Home Services participates, and is provided by TREND through a licensing agreement.
The information provided by this website is for the personal, non-commercial use of consumers 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 on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale.
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.
Real estate listings held by brokerage firms other than
Information Deemed Reliable But Not Guaranteed
Data from the Zillow, Google Map, and Walk Score modules, is not provided by TREND, and should be considered informative, but not accurate.
© 2018 TREND, All Rights Reserved
Data last updated: 9/25/18 7:59 PM PDT.
This IDX solution is (c) Diverse Solutions 2018.