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705 N 40TH ST Philadelphia, PA 19104
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Key Details
Sold Price $190,000
Property Type Single Family Home
Sub Type Twin/Semi-Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,400 sqft
Price per Sqft $79
Subdivision University City
MLS Listing ID PAPH905950
Sold Date 10/18/21
Style Traditional
HOA Y/N N
Abv Grd Liv Area 2,400
Originating Board BRIGHT
Year Built 1960
Annual Tax Amount $2,030
Tax Year 2021
Lot Size 1,785 Sqft
Acres 0.04
Lot Dimensions 17.00 x 105.00
Property Description
INCREDIBLE OPPORTUNITY to own an income producing TRIPLEX in HOT HOT HOT University City. New construction lining the entire block. All three units are 2 bedroom, 1 bath apartments. Framing complete, roof replaced in 2008, rough electric complete & inspection done, all plumbing drainage installed, otherwise in need of full rehab. Incredible views of the Center City Skyline from the top unit. Projected total monthly rental income= $5000-5500/mo. When renovated, ARV $700,000+. 701 & 703 N 40th Street (to right of property) is about to break ground with 11 luxury condos. Schedule your private tour today.
Location
State PA
County Philadelphia
Area 19104 (19104)
Zoning RSA-5
Interior
Hot Water Electric
Heating Forced Air
Cooling None
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
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
Listing Terms Cash
Financing Cash
Special Listing Condition Standard
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Bought with Brianna Nicole Harp • KW Philly