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516 N 40TH Street

PHILADELPHIA, PA 19104
  • $445,000
  • STATUS: Closed
  • ON SITE: 112 Days
  • ID#: PAPH2021704
Sold - 10/29/2021
$445,000
SOLD - 10/29/2021
  • 0
    BEDS
  • 0.03
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,316
    SQFT
  • $192
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1930
County:

School Ratings & Info

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.

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©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and 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 may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or LoCoMusings | Century 21 Redwood Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-12-06T23:50:09.143.
www.locomusings.com/homes/120534587
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516 N 40TH Street PHILADELPHIA, PA 19104

  • Price: $440,000
  • Status: Closed
  • On Site: 112 Days
  • Updated: 20 min ago
  • ID#: PAPH2021704
0
Beds
0
Baths
0
½ Baths
0.03
Acres
2,316
SQFT
$192
$/SQFT
1930
Built
Neighborhood:
West Powelton
County:
Philadelphia
Area:
19104 (19104)
School District:
The School District Of Philadelphia
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.
Exterior Features

Architectural Style Other Construction Materials Masonry Garage YN No Other Structures Above GradeBelow Grade Parking Types None Pool No Pool Property Condition Very Good Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 2316 Basement Full Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Central A/C Fireplaces Total 0 Heating Forced Air Heating YN Yes Single Room Units 0 Three Bedroom Units 1 Two Bedroom Units 1

Property Features

Accessibility Features None Assessment Year 2021 Association YN No Buyer Financing Conventional Central Air YN Yes Close Sale Terms Standard Sale Cooling Fuel Electric Heating Fuel Electric Hot Water Electric Municipality Philadelphia Navigable Water YN N New Construction YN No Number Of Units Leased 2 Number Of Units Total 2 Number Of Units Vacant 0 Original MLSNumber 800960236766 Ownership Interest Fee Simple Possession Subject To Existing Lease Property Sub Type Duplex Rent Control YN No Sale Type Standard Sewer Public Sewer Structure Design Type Interior Row/Townhouse Tax Annual Amount 2891.00 Tax Assessment Amount 206500.00 Tax Lot 99 Total Actual Rent 33900.00 Vacation Rental YN No Water Source Public Zoning Rm1

Listing courtesy of New Age Realty Group Inc.


©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and 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 may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or LoCoMusings | Century 21 Redwood Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-12-06T23:50:09.143.
 
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