929 N 40TH ST, Philadelphia, PA 19104
929 N 40TH ST, Philadelphia, PA 19104
929 N 40TH ST, Philadelphia, PA 19104
929 N 40TH ST, Philadelphia, PA 19104
929 N 40TH ST, Philadelphia, PA 19104
929 N 40TH ST, Philadelphia, PA 19104
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Listed by Alyce Gerhardt • Keller Williams Liberty Place
$ 1,300,000
Est. payment | /mo

5,032 SqFt


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$ 1,300,000
Est. payment | /mo
Save

5,032 SqFt

Key Details

Property Type Multi-Family

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 5,032 sqft

Price per Sqft $258

MLS Listing ID PAPH2593180

Style Other

Abv Grd Liv Area 5,032

Year Built 2025

Annual Tax Amount $100

Tax Year 2025

Lot Size 2,795 Sqft

Acres 0.06

Lot Dimensions 16.00 x 95.00

Property Sub-Type Other

Source BRIGHT

Property Description

929 N 40th: a 6-unit mixed-use income property featuring five units along with a commercial storefront leased providing predictable income growth. The property currently has 5/6 units rented with one residential unit currently vacant, offering immediate upside through lease-up and potential rent optimization. With diversified income streams, contractual commercial rent escalations, and strong residential demand for smaller units, this asset presents a compelling opportunity for investors seeking stable cash flow. New construction with tax abatement.

Location

State PA

County Philadelphia

Area 19104 (19104)

Zoning CMX1

Interior

Hot Water Electric

Heating Forced Air

Cooling Central A/C

Fireplace N

Heat Source Electric

Exterior

Water Access N

Accessibility None

Garage N

Building

Above Ground Finished SqFt 5032

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade, Below Grade

New Construction Y

Schools

School District Philadelphia City

Others

Tax ID 881000914

Ownership Fee Simple

SqFt Source 5032

Special Listing Condition Standard

Bright MLS (BMLS)

Nearby Locations

Arshia Kia

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(571) 276-1206

arshia.kia@exprealty.com

2000 Duke St, Suite 300, Alexandria

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929 N 40TH ST