Philadelphia, PA 19104,724 N 40TH ST

$285,000

$329,000

13.4%
Est.Price: ?

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Est. payment /mo

2,398 SqFt


SOLD DATE : 09/27/2019

Key Details

Sold Price $285,000

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,398 sqft

Price per Sqft $118

Subdivision University City

MLS Listing ID PAPH177706

Sold Date 09/27/19

Style Other

HOA Y/N N

Abv Grd Liv Area 2,398

Originating Board TREND

Year Built 1918

Annual Tax Amount $1,351

Tax Year 2018

Lot Size 2,398 Sqft

Acres 0.06

Lot Dimensions 22X109

Property Description

Great property with amazing income potential. Property is emptied out and ready to go. Unique Corner triplex property with five garages. Property is zoned residential, however it has been grandfathered in as an operating quad with 5 garages. (See attachment) 7% CAP rate on the garages alone. Potential rent roll up to $5,000/month! Property being sold AS-IS, needs a full rehab. Conventional,and cash buyers. Bring your buyers and come check it out. Great ARV in the area, don't miss this steal.

Location

State PA

County Philadelphia

Area 19104 (19104)

Zoning RSA3

Rooms

Other Rooms Primary Bedroom

Basement Partial

Interior

Hot Water Electric

Heating Other

Cooling None

Fireplace N

Heat Source Oil

Laundry None

Exterior

Garage Garage - Side Entry

Garage Spaces 6.0

Waterfront N

Water Access N

Accessibility None

Parking Type On Street, Detached Garage

Total Parking Spaces 6

Garage Y

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 061168300

Ownership Fee Simple

SqFt Source Estimated

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Catawba Bond • HomeSmart Realty Advisors
Bought with Tonya D Looney Jr. • HomeSmart Realty Advisors
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980 Mercantile Dr, Hanover, MD, 21076, United States

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