$445,000
$440,000
1.1%For more information regarding the value of a property, please contact us for a free consultation.
516 N 40TH ST Philadelphia, PA 19104
2,316 SqFt
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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Bought with Sara Ronsvalle • Keller Williams Philadelphia