Astoban Realty Group (ARG) - Philadelphia, PA – Luxury Condominiums



  •   Multi-family
  •   -
  •   -
  •  $225,000

Property Description

RARE AND 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= $4500-5500/mo. When renovated, ARV $625,000+. 701 & 703 N 40th Street (to right of property) is about to break ground with 11 luxury condos. Schedule your private tour today.


Property Title: 705 40TH STREET
Listing ID: PAPH905950
Sqft: 2,400 Sqft
Year Built: 1960
Property Sub Type: Triplex
Price Per SQFT: $94


Carport Spaces Count: 0
Construction Materials: Masonry
New Construction YN: N
Architectural Style: Traditional
Heating Fuel: Natural gas
Hot Water: Electric
Water Frontage Length: 0
Pool Private YN: N
Water Access YN: N
Waterfront YN: N

Address Map

Street Suffix: STREET
Street Dir Prefix: N
Street: 40TH
Street Number Numeric: 705
Directions: GPS
Floor Number: 0

MLS Addon

Office Name: Keller Williams Philly
Agent Name: Rebecca L Rynkiewicz
Original MLS Name: Bright
Sub System Locale: BRIGHT_MAIN
Total Taxes Pymnt Freq: Annually
Vacation Rental YN: N
Major Change Type: Other
HOA Fee Freq: Monthly
List Agent MLS ID: 3185132
List Agent Email:
List Office Key: 121134684124
Above Grade Fin SQFT: 2,400 Sqft
Building Total SQFT: 0 Sqft
Levels/Stories: 0
Structure Type: Twin/semi-detached
Total SQFT: 2,400 Sqft
Short Sale: No
Sale Type: Standard
Tax Annual Amount: $2,030
Tax Year: 2021
Zoning: RM1
Sewer Septic: Public Sewer
Water Source: Public
Astoban Realty Group, LLC ("ARG") is a licensed real estate broker located in the Commonwealth of Pennsylvania. No representation is made as to the accuracy of the information in this floor plan, and such information is subject to errors, omission, and change. All information in this floor plan is deemed reliable, but is not guaranteed accurate. The plan herein depicts existing conditions for graphic representation purposes only and should be used as such by the prospective purchaser or tenant. All square footage and dimensions are approximate. Exact dimensions can be obtained by retaining the services of a professional architect or engineer. The number of bedrooms listed above is not a legal conclusion. Each person should consult with his/her own attorney, architect or zoning expert to make a determination as to the number of rooms in the unit that may be legally used as a bedroom. ARG actively supports equal housing opportunities.
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