721 N 40th St
PHILADELPHIA, PA 19104

Description

RARE AND INCREDIBLE OPPORTUNITY to own an income producing TRIPLEX in HOT HOT HOT University City. Incredible views of the Center City Skyline from the top unit. All of the hardwork is done, and ready for you to pick out the finishes and complete this stunning renovation. Zoning approved, with architectural plans & permits in place ready for your contractor to begin work. Already completed in all 3 Units: New framing, electrical, plumbing, sub flooring and new joists, basement dug out and underpinned, and siding on rear of home. Each unit has its own separate entrance from the exterior, maximizing the square footage in each unit. There is the option to add carport parking off the back of the house. Unit 1 boasts 10 ft ceilings, Unit 2 boasts 12 ft ceilings, and Unit 3 (Fabulous Bi-Level) boasts 11 ft ceilings. The entire left side of the home is complete with exposed, finished, sealed, and repointed brick. The back of the house was bumped out to add additional square footage to each unit. Projected total monthly rental income= $5500-6000/mo. Schedule your private tour today- this will not last!!

Details

MLS#PAPH508102
Sub-TypeResale
StatusActive
Year1919
Days On Site71

Features

SQ Feet2,950
Units3

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Area Information

StatePA
CityPHILADELPHIA
Zip Code19104
Area19104 (19104)
Listing VS Median (in 19104)
Price:
$290,000
low | high
Med:
$102,500
100% of Average
SqFt:
2,950
low | high
Med:
524
100% of Average
$ / SqFt:
$98
low | high
Med:
$50
99.040866017373% of Average
On Site:
71
low | high
Med:
60
100% of Average
Listing Updated: 03/19/2019
MLS Number: PAPH508102
Listing Provided By:
Rebecca L Rynkiewicz  of  HomeSmart Realty Advisors