Philadelphia, PA 19104,705 N 40TH ST
Philadelphia, PA 19104,705 N 40TH ST
Philadelphia, PA 19104,705 N 40TH ST
25
$280,000
$289,900
3.4%
Est.Price: ?

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2,400 SqFt

705 N 40TH ST Philadelphia, PA 19104

Est. payment /mo
SOLD DATE : 09/28/2022

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Key Details

Sold Price $280,000

Property Type Multi-Family

Sub Type Interior Row/Townhouse

Listing Status Sold

Purchase Type For Sale

Square Footage 2,400 sqft

Price per Sqft $116

Subdivision Mantua

MLS Listing ID PAPH2121874

Sold Date 09/28/22

Style Traditional

Abv Grd Liv Area 2,400

Originating Board BRIGHT

Year Built 1960

Annual Tax Amount $2,029

Tax Year 2022

Lot Size 1,785 Sqft

Acres 0.04

Lot Dimensions 17.00 x 105.00

Property Description

Massive Investment Opportunity! 705 N 40th Street is a TRIPLEX offering the ability to put 2 bedrooms & 1 full bathroom per unit. Insane ARV potential!!! Rent potential over $5,500+ per month!! 701 & 703 N 40th Street (to right of property) is about to break ground with 11 luxury condos. Located in walking proximity to Drexel University and UPENN. This property is ideal for Drexel students, medical professionals, and university staff due to its proximity to Drexel University and Penn Presbyterian hospital. With an abundance of public transportation as well as the proximity to Downtown Philadelphia, 705 N 40th Street gets a Walkscore of 87 out of 100, a 62 out of 100 for transit, and 95 out of 100 for the bikers. This property is located near dozens of restaurants, cafes, and bars. So much to offer and will not last! Call to schedule a private showing today!

Location

State PA

County Philadelphia

Area 19104 (19104)

Zoning RSA5

Rooms

Basement Full

Interior

Hot Water Other

Heating Other

Cooling Other

Heat Source Other

Exterior

Water Access N

Accessibility None

Garage N

Building

Foundation Other

Sewer Public Sewer

Water Public

Architectural Style Traditional

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 243112900

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Private

Listing Terms Cash, Private

Financing Cash,Private

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Max Lomas • RE/MAX Properties - Newtown
Bought with Desiree R Richardson • Burke Property Group

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Josh Heller

Owner | License ID: RS338767 / NMLS #2348781

+1(717) 200-4148

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