Philadelphia, PA 19104,516 N 40TH ST
Philadelphia, PA 19104,516 N 40TH ST
Philadelphia, PA 19104,516 N 40TH ST
Philadelphia, PA 19104,516 N 40TH ST
Philadelphia, PA 19104,516 N 40TH ST
Philadelphia, PA 19104,516 N 40TH ST
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$445,000

$440,000

1.1%
Est.Price: ?

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Est. payment /mo

2,316 SqFt


SOLD DATE : 10/29/2021

Key Details

Sold Price $445,000

Property Type Multi-Family

Sub Type Interior Row/Townhouse

Listing Status Sold

Purchase Type For Sale

Square Footage 2,316 sqft

Price per Sqft $192

Subdivision West Powelton

MLS Listing ID PAPH2021704

Sold Date 10/29/21

Style Other

HOA Y/N N

Abv Grd Liv Area 2,316

Originating Board BRIGHT

Year Built 1930

Annual Tax Amount $2,891

Tax Year 2021

Lot Size 1,464 Sqft

Acres 0.03

Lot Dimensions 16.00 x 91.50

Property Description

Excellent opportunity to purchase a two-unit apartment building on 40th Street in hot West Powelton Village. Easy access to universities and local shopping districts. Building was fully renovated about 10 years ago and features two large bi-level, fully leased apartments. Unit 1 is a beautiful 2 bedroom, 2 bathroom bi-level apartment featuring hardwood floors throughout. This unit has central a/c and access to a back yard. The spacious kitchen features a microwave, dishwasher and garbage disposal. There is laundry in the basement. Unit 1 is rented at $1325 per month through 8/31/2022. Unit 2 is a nice 3 bedroom, 2 bathroom bi-level apartment also featuring hardwood floors throughout. This unit has central a/c, washer/dryer and plenty of closet space. The spacious kitchen features a microwave, dishwasher and garbage disposal. Unit 2 is rented at $1500 per month through 8/31/2022. Rent roll as of 9/1 is $2825 per month, $33,900 per year. All utilities are separated.

Location

State PA

County Philadelphia

Area 19104 (19104)

Zoning RM1

Rooms

Basement Full

Interior

Hot Water Electric

Heating Forced Air

Cooling Central A/C

Heat Source Electric

Exterior

Water Access N

Accessibility None

Garage N

Building

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 061164500

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Christos Tzimoulis • New Age Realty Group Inc
Bought with Sara Ronsvalle • Keller Williams Philadelphia
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