321 N 40th St

Philadelphia, PA 19104
  • $1,500,000

    Price
  • 4

    Bed
  • 6

    Bath
  • 5,792

    SqFt
  • 0.05

    Acre

About the Listing COMPASS2 - 3150914,3127917

This fully occupied five-unit building commands an annual gross rental income of over $132,000. Each unit is equipped with separate utilities and dedicated HVAC systems, ensuring optimal comfort and efficiency. The apartments showcase high-quality finishes, including hardwood flooring, granite and stainless-steel kitchens with Shaker cabinetry, dishwashers, built-in microwaves, and tile bathrooms. Each unit includes its own washer and dryer, and all but one apartment is partially furnished. Additionally, a spacious unfinished basement provides ample storage. The property consists of two 5-bedroom, 2-bath units, one 4-bedroom, 2-bath unit, and two 2-bedroom, 1-bath units. Located in the thriving West Powelton neighborhood, this property is strategically positioned near the University City Science Center, Drexel University, and the University of Pennsylvania, along with a variety of dining and coffee options. With multiple convenient SEPTA transportation options available, it is less than ten minutes by car or bicycle to Center City—an undeniable opportunity for any investor.

Listing Highlights for 321 N 40th St

Status Active
Days on Site 31
Property Type Multi-Family
MLS ® PAPH2675566
Year Built 2016
Total Square Footage 5,792
Lot/Acreage 0.05

Interior Details

  • Bedrooms: 4
  • Bathrooms: 6 Full
  • Appliances:
  • Air Cond: Central A/C,Zoned
  • Heating: Central,Zoned
  • Fireplaces:
  • Floor: Wood
  • Above Ground Sq Ft: 5792
  • Basement: Unfinished
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: Not New Construction,Horse Property: No
  • Garage Capacity: N/A
  • Lot Dimensions: 21.00 x 100.00
  • Zoning: RM1
  • Roof: Flat
  • Others:
  • Sewer: Public Sewer

Financial Details

  • Tax Amount: $1,618
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: 2025

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321 N 40th St Philadelphia, PA 19104

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Originating MLS: BRIGHT_MAIN

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Sarah Forti

Realtor and Team Owner of Forti Homes | Forti Homes | KW Devon Wayne

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