$280,000
$289,900
3.4%For more information regarding the value of a property, please contact us for a free consultation.
2,400 SqFt
SOLD DATE : 09/28/2022
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
Waterfront N
Water Access N
Accessibility None
Parking Type Driveway
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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Bought with Desiree R Richardson • Burke Property Group
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "