616 North 40th Street
616 North 40th Street
$951,000
—
4,968
4,968
$191
Closed 8/9/23
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Description
Enormous new construction triplex plus separate office space with street frontage. Rent to PENN, DREXEL, CHOP, PENN MEDICAL STUDENTS AND PROFESSIONALS! 4 units total! 1st floor apartment has large private yard with 2BR/2BATH. 2nd floor apartment has 3BR/3BATH. 3rd floor apartment has 3BR/3BATH with access to oversized roofdeck. Being sold at estimated 6.5% pro forma cap rate. Construction is almost complete. 10 year tax abatement! Disclosure: For security reasons, while vacant, property has alarm...Enormous new construction triplex plus separate office space with street frontage. Rent to PENN, DREXEL, CHOP, PENN MEDICAL STUDENTS AND PROFESSIONALS! 4 units total! 1st floor apartment has large private yard with 2BR/2BATH. 2nd floor apartment has 3BR/3BATH. 3rd floor apartment has 3BR/3BATH with access to oversized roofdeck. Being sold at estimated 6.5% pro forma cap rate. Construction is almost complete. 10 year tax abatement! Disclosure: For security reasons, while vacant, property has alarm and remote video surveillance.
- Listed by Ilya Rabovetsky • REDBLOCK Realty Inc.P: 2153315252 info@redblockrealty.com
Property Details for 616 North 40th Street
Tax ID Number
885051860
OwnershipFee Simple
Structure TypeInterior Row/Townhouse
StyleOther
WaterfrontNo
GarageNo
MunicipalityPHILADELPHIA
Central AirYes
Location
LISTING UPDATED: 08/09/2023 04:37 PM
Property Details for 616 North 40th Street
Status | Closed |
---|---|
MLS # | PAPH2226364 |
Days on Market | 83 |
Taxes | $1,578 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family / Fee Simple |
Year Built | - |
Lot Size | 0.04 AC / 1,735 SF |
County | Philadelphia County |
Location
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Building Information for 616 North 40th Street
Stories-Residences4Year Built-Building Size-Lot Size0.04 AC / 1,735 SF
Payment Calculator
$5,321 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 616 North 40th Street
Property History for 616 North 40th Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 616 North 40th Street
Taxable ValueLand$112,800Additions-Total$112,800
Tax Record2023$1,579 ($132 / month)
Home Facts
Total Finished SqFt2,010 SqFtAbove Grade Finished SqFt2,010 SqFtStories6Lot Size1,735 SqFtStyleMulti-Family Dwelling (2-4)ZoningRM1CountyPHILADELPHIAAPN88-5-0518-60
Schools near 616 North 40th Street
This home is within Philadelphia City School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | 5 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Middle Years Alternative School Public5 to 8 | ||
West Philadelphia High School Public9 to 12 | ||
Paul Robeson High School For Human Services 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.
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