723 North 40th Street
$599,900
6
3
2,680
2,680
$224
Description
Your dream investment opportunity has arrived! This impressive triplex has been beautifully renovated and is ready for its next savvy owner. Whether you’re looking to expand your investment portfolio or live in one unit while generating rental income from the others, this is the perfect property for you! Each of the three 2-bedroom, 1-bathroom units offers premium features including sleek white shaker cabinets, stainless-steel appliances, glass subway tile backsplash, black hardware accents, built-in...Your dream investment opportunity has arrived! This impressive triplex has been beautifully renovated and is ready for its next savvy owner. Whether you’re looking to expand your investment portfolio or live in one unit while generating rental income from the others, this is the perfect property for you! Each of the three 2-bedroom, 1-bathroom units offers premium features including sleek white shaker cabinets, stainless-steel appliances, glass subway tile backsplash, black hardware accents, built-in microwaves, central air, and in-unit washer/dryers. You’ll also love the attention to detail with stylish wall paneling and the convenience of video doorbells and a fully equipped sprinkler system. Located in a prime area, you’re just minutes from University City, Drexel, UPenn, local dining, shopping, hospitals, and public transportation. Commuting is a breeze with easy access to the Market-Frankford Line, #10 trolley, and 41st Street Station, connecting you to all of Philadelphia’s regional train lines. Currently operating as AirBnB rentals, the units are generating solid income: $1,600 for Unit 1 (1st floor), $1,500 for Unit 2 (2nd floor), and $1,500 for Unit 3 (3rd floor). The unbeatable location puts you near iconic Philly landmarks like the Art Museum, Philadelphia Zoo, and Center City. Don’t miss out on this exceptional opportunity in one of the city’s most desirable areas! Schedule your showing today!
- Listed by Joy Johnson • United Real EstateP: (609)-534-0212 realtorjoymarie@gmail.com
Property Details for 723 North 40th Street
Tax ID Number
243113800
OwnershipFee Simple
Structure TypeTwin/Semi-Detached
StyleTraditional
WaterfrontNo
GarageNo
SubdivisionBELMONT
SubdivisionBELMONT (PHILADELPHIA PA)
LISTING UPDATED: 11/10/2024 04:00 PM
Property Details for 723 North 40th Street
Status | Active |
---|---|
MLS # | PAPH2414572 |
Days on Market | 25 |
Taxes | $6,439 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family / Fee Simple |
Year Built | 1915 |
Lot Size | 0.04 AC / 1,785 SF |
County | Philadelphia County |
Building Information for 723 North 40th Street
Stories-Residences3Year Built1915Building Size-Lot Size0.04 AC / 1,785 SF
Property Information for 723 North 40th Street
Property History for 723 North 40th Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 723 North 40th Street
Taxable ValueLand$92,000Additions$368,000Total$460,000
Tax Record2023$6,439 ($537 / month)
Home Facts
Total Finished SqFt2,680 SqFtAbove Grade Finished SqFt2,680 SqFtStories3Lot Size1,785 SqFtStyleMulti-Family Res (5+ Units)Year Built1915ZoningRSA5CountyPHILADELPHIAAPN24-3-1138-00
Schools near 723 North 40th Street
This home is within The School District of Philadelphia.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | 5 to 12 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Masterman Julia R Secondary School Public5 to 12 | ||
Middle Years Alternative School Public6 to 8 | ||
West Philadelphia High School Public9 to 12 | ||
Philadelphia Learning Academy - South Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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