Income-Producing Multifamily
423 N 40TH Street Philadelphia, PA 19104
423 N 40TH Street, Philadelphia, PA, 19104
$1,060,000
For Sale
Under Contract
$1,060,000
MULTI_FAMILY - Other - PHILADELPHIA, PA
Property Size7,303 SF
Lot Size0.07 Acres
Price / SF$145.15
Days on Market165
Property Features for 423 N 40TH Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Parking features
- On Street
- Standard status
- Active Under Contract
- Size
- 7,303 SF
- Lot size
- 0.07 Acres
Taxes and HOA fees
- Tax Annual Amount
- 15442
Utilities
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 2014
- Number of units
- 4
- Building materials
- Masonry
- Architectural style
- Other
Listing Agency
New Age Realty Group Inc
(215) 387-1002
3070 Spring Garden Street, Philadelphia, PA
Listed by
Nicole Caprario · License #RS320794
(215) 387-1002
Added: Feb 3 Checked: Jul 18 at 3:06 am
MLS# PAPH2580324
Listing URL
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Investment Insights
Based on property information with market context.
This income-producing five-unit building is located in West Powelton Village. The well-maintained property features fully occupied apartments, providing immediate rental income. Its location offers convenient access to transit, universities, and major employment centers. This property presents an opportunity for investors seeking steady cash flow in a strong rental market. The property contains 7,303 square feet and is situated on a 0.066-acre lot.
Key Highlights
- Income‑producing five‑unit building with fully occupied apartments
- Immediate rental income and steady cash flow
- Convenient access to transit, universities, and major employment centers
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FAQs
What type of property is this?
Apartment building - Five-unit building in West Powelton Village with immediate rental income.
Where is this apartment building located?
The property is located at 423 N 40TH Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $1,060,000.
What are key features of this property?
This property features: Income‑producing five‑unit building with fully occupied apartments; Immediate rental income and steady cash flow; Convenient access to transit, universities, and major employment centers