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RARE AND INCREDIBLE OPPORTUNITY to own an income producing TRIPLEX in HOT HOT HOT University City. Incredible views of the Center City Skyline from the top unit. All of the hardwork is done, and ready for you to pick out the finishes and complete this stunning renovation. Zoning approved, with architectural plans & permits in place ready for your contractor to begin work. Already completed in all 3 Units: New framing, electrical, plumbing, sub flooring and new joists, basement dug out and underpinned, and siding on rear of home. Each unit has its own separate entrance from the exterior, maximizing the square footage in each unit. There is the option to add carport parking off the back of the house. Unit 1 boasts 10 ft ceilings, Unit 2 boasts 12 ft ceilings, and Unit 3 (Fabulous Bi-Level) boasts 11 ft ceilings. The entire left side of the home is complete with exposed, finished, sealed, and repointed brick. The back of the house was bumped out to add additional square footage to each unit. Projected total monthly rental income= $5500-6000/mo. Schedule your private tour today- this will not last!!

Property Highlights

Type

Multi-Family

Style

Twin/Semi-Detached, Traditional

Year Built

1919

Inside City

Not Specified, PHILADELPHIA

County

PHILADELPHIA

Property Details for 721 N 40TH ST

721 N 40TH ST is a multi-family for sale in Philadelphia, PA 19104. This 2680.00 SQFT multi-family sits on a 0.04 acre lot and features 0 bedrooms and 0 bathrooms. Built in 1919, this multi-family has been on the market for a total of 2 months and is currently priced at $325,000.

Bedrooms

Two Bedroom Units
2
Three Bedroom Units
1

Other Rooms

Basement
Dirt Floor

Exterior

Pool
No Pool

Heating & Cooling

Central Air
No
Cooling
None
Cooling Fuel
None
Heating
Electric
Heating Fuel
Electric  /  Natural Gas
Water Heater
Electric

Services

Water
Public
Sewer
Public Sewer

Parking

Parking
Driveway  /  On Street

Building

Total SQFT
2680.00
Total Finished SQFT
2950
Above Grade Finished SQFT
2950
Below Grade SQFT
850
Below Grade Unfinished SQFT
850
Property Sub Type
Multi-Family
Structure Type
Twin/Semi-Detached
Architectural Style
Traditional
Accessibility Features
None
Other Structures
Above Grade  /  Below Grade

Construction

Year Built
1919
New Construction
No
Construction Materials
Masonry

Lot

Acres
0.04
Lot SQFT
1785.00
Zoning
RM1

Waterbody

Waterfront
No
View of Water
No
Waterbody Tidal
No

Community

County
PHILADELPHIA

Schools

School District
THE SCHOOL DISTRICT OF PHILADELPHIA

Address

Address
721 N 40TH ST, PHILADELPHIA, PA 19104
Street Address
721 N 40TH ST
City
PHILADELPHIA
Zip
19104
Latitude
39.96577072
Longitude
-75.20249939
State
PA

Pricing

Sale Type
Sale
Price
$325,000
Price Per SQFT
$110.17

Status

MLS ID
PAPH508102
Status
Active
Published Date
January 7, 2019
Modified Date
January 31, 2019 at 1:42 PM

Taxes & Assessments

City Tax
623.00
County Tax
0.00
School Tax
758.0
Tax Assessed Value
98700.0
Tax Lot
189
Tax Year
2018
City Tax Frequency
Annually
County Tax Frequency
Annually

Source

Agent
Rebecca L Rynkiewicz
Agent Phone Number
2153131930
Office
HomeSmart Realty Advisors
Data Source
Bright MLS
Data Disclaimer
Copyright 2018 Bright MLS, All Rights Reserved. Information deemed reliable but not guaranteed. The property information is provided for personal, non-commercial use of consumers and such information 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 the website may no longer be offered for sale because they are for instance, under contract, sold or are no longer being offered for sale. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Bright MLS. Real estate listings held by brokerage firms other than Copper Hill Real Estate, LLC will include the name of the listing broker(s) when required by the MLS.