424 North 40th Street

Philadelphia, PA 19104

$2,099,900
Price
18
Beds
16
Baths
4,204 Sq. Ft.
$500 / Sq. Ft.
4,204
Sq. Ft.
$500
per Sq. Ft.

Description

Package sale! 424 N 40th st (4 units) & 441 Wiota (3 units) are 7 upscale units throughout 2 buildings with shared courtyard. Each building offering luxury and tastefully designed bi-level apartments featuring hardwood flooring, stainless-steel appliances, access to roof deck and/or courtyard and tons of square footage. As you enter each unit, you are met with a large open-concept common space and extremely spacious bedrooms with sizable walk-in closets and lots of natural light! Located in Powelton...Package sale! 424 N 40th st (4 units) & 441 Wiota (3 units) are 7 upscale units throughout 2 buildings with shared courtyard. Each building offering luxury and tastefully designed bi-level apartments featuring hardwood flooring, stainless-steel appliances, access to roof deck and/or courtyard and tons of square footage. As you enter each unit, you are met with a large open-concept common space and extremely spacious bedrooms with sizable walk-in closets and lots of natural light! Located in Powelton Village. Fully leased, no vacancy, no delinquency. Newly built in 2016 with 10 year tax abatement (4 remaining)! Tenants pay own electric, heating, and cooling. All units have a washer/dryer and intercom system. All yearly leases, 1 lease per apartment. Easy to manage and lease. Low expenses! Minutes to PENN, Drexel, CHOP, PENN Hospitals. Located within the University City District Patrol area. Steps away from subway, trolley, and bus stop. Easy access to 30th Street Station and all nearby universities. Incredible investment opportunit and Cash flow from day 1! Disclosure: Some information needs to be verify for accuracy due to listing combine two properties and etc. Disclosure: Broker has financial interest and is related to the seller.
  1. Listed by Ausra Anusauskas • Archstone Realty
    P: 2672517685 yourarchstone@gmail.com

Property Details for 424 North 40th Street

Tax ID Number
061164005
Ownership
Fee Simple
Structure Type
Interior Row/Townhouse
Style
Bi-level
Waterfront
No
Garage
No
Subdivision
POWELTON VILLAGE
Subdivision
POWELTON VILLAGE (PHILADELPHIA PA)

Location

Listing Courtesy of Archstone Realty
Add your commute
LISTING UPDATED: 04/30/2024 07:02 PM

Property Details for 424 North 40th Street

StatusActive
MLS #PAPH2253664
Days on Market153
Taxes$2,502 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built2016
Lot Size0.04 AC / 1,782 SF
CountyPhiladelphia County

Location

Listing Courtesy of Archstone Realty
Add your commute

Building Information for 424 North 40th Street

Stories-Residences4Year Built2016Building Size-Lot Size0.04 AC / 1,782 SF

Payment Calculator

$11,669 per month

30 year fixed, 7.25% Interest

Principal and Interest

$11,460

Property Taxes

$209

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 424 North 40th Street

Location
Location
  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District County ID: 300200397108
  • SchoolDistrictSource: Listing Agent
  • County: PHILADELPHIA
  • MLS Area: 19104 (19104)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2023
  • Tax Assessed Value: $178,740
  • Year Assessed: 2023
  • City Town Tax: $1,129
  • Land Assessed Value: $178,740
  • Clean Green Assessed: No
  • Municipal Trash: Yes
  • Land Use Code: W70
  • Zoning: RM1
  • Tax Lot: 207
  • School Tax: $1,372
  • Automatically Update Tax Values Y/N: Yes
  • TaxDataUpdatedYN: No
Lease Information
Lease Information
  • Owner Pays: Water, Sewer
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 3
  • Three Bedroom Units Count: 4
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6,Unit 7
  • Units Leased Count: 7
  • Number Of Units Vacant: 0
  • Rent Control: No
Multi Family
Unit 1
  • Type: Unit 1
  • Unit Type Occupied YN: Yes
  • Level: 1
  • Unit Type Lease Type: Yearly
  • Beds Total: 3
  • Full Baths Count: 3
  • Unit Type Features: by level, courtyard/backyard access, roof deck access
Unit 2
  • Type: Unit 2
  • Unit Type Occupied YN: Yes
  • Unit Type Lease Type: Yearly
  • Beds Total: 3
  • Full Baths Count: 2
  • Unit Type Features: by level, access to roof deck
Unit 3
  • Type: Unit 3
  • Unit Type Occupied YN: Yes
  • Unit Type Lease Type: Yearly
  • Beds Total: 2
  • Full Baths Count: 2
  • Unit Type Features: by level, roof deck access
Unit 4
  • Type: Unit 4
  • Unit Type Occupied YN: Yes
  • Unit Type Lease Type: Yearly
  • Beds Total: 2
  • Full Baths Count: 1
  • Unit Type Features: by level, roof deck access
Unit 5
  • Type: Unit 5
  • Unit Type Occupied YN: Yes
  • Level: 1
  • Unit Type Lease Type: Yearly
  • Beds Total: 3
  • Full Baths Count: 3
  • Unit Type Features: by level, access to courtyard/backyard
Unit 6
  • Type: Unit 6
  • Unit Type Occupied YN: Yes
  • Level: 2
  • Unit Type Lease Type: Yearly
  • Beds Total: 2
  • Full Baths Count: 2
Unit 7
  • Type: Unit 7
  • Unit Type Occupied YN: Yes
  • Level: 3
  • Unit Type Lease Type: Yearly
  • Beds Total: 3
  • Full Baths Count: 3
  • Unit Type Features: by level, penthouse, access to private roof deck
Financial Information
Financial Information
  • Existing Lease Type: Yearly
Building Info
Building Info
  • Building Units Total: 4
  • Total Finished SQFT: 4,204.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 20.00 x 90.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 7425604
  • Ground Rent Exists: No
Parking
Parking
  • Type Of Parking: On Street
Interior Features
Interior Features
  • Interior Features: Breakfast Area, Built-Ins, Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Dining Area, Efficiency, Entry Level Bedroom, Intercom, Kitchen - Eat-In, Recessed Lighting, Tub Shower, Upgraded Countertops, Walk-in Closet(s), Wood Floors, Other
  • Fireplace: No
  • Appliances: Built-In Microwave, Dishwasher, Washer, Refrigerator, Oven/Range - Electric, Oven - Self Cleaning, Intercom, Dryer - Electric, Disposal
  • Accessibility Features: None
  • Security Features: Carbon Monoxide Detector(s), Intercom, Smoke Detector, Sprinkler System - Indoor
Exterior Features
Exterior Features
  • Spa: No
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Central
  • Heating Fuel: Electric
  • Hot Water: Electric
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Bucks County Association of REALTORS
  • List Agent URL: www.archstonerealtors.com

Property History for 424 North 40th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 424 North 40th Street

Taxable ValueLand-Additions-Total-
Tax Record2023$2,502 ($208 / month)
Home Facts
Total Finished SqFt4,204 SqFtAbove Grade Finished SqFt4,204 SqFtStories4Lot Size1,782 SqFtStyleMulti-Family Dwelling (2-4)Year Built2016ZoningRM1CountyPHILADELPHIAAPN06-1-1640-05

Schools near 424 North 40th Street

This home is within Philadelphia City School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Locke Alain School
PublicK to 8

West Philadelphia High School
Public9 to 12

Philadelphia Learning Academy - South
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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424 North 40th Street is a multi-family home for sale in Philadelphia, PA 19104. This property was listed for sale on July 1, 2023 by Archstone Realty, it's currently listed at $2,099,900. It has been on the market for a total of 153 days and was last sold on September 12, 2012. This listing's school district is Philadelphia City School District. Nearby schools include Locke Alain School, West Philadelphia High School and Paul Robeson High School For Human Services. 424 North 40th Street is a 18-bed, 16-bath, 4,204 sqft multi-family home built in 2016.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Archstone Realty

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.