723 N 40TH ST Active Save Request In-Person Tour Request Virtual Tour
Philadelphia,PA 19104
Key Details
Property Type Multi-Family, Townhouse
Sub Type Twin/Semi-Detached
Listing Status Active
Purchase Type For Sale
Square Footage 2,680 sqft
Price per Sqft $223
Subdivision Belmont
MLS Listing ID PAPH2414572
Style Traditional
Abv Grd Liv Area 2,680
Originating Board BRIGHT
Year Built 1915
Annual Tax Amount $6,439
Tax Year 2024
Lot Size 1,785 Sqft
Acres 0.04
Property 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 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!
Location
State PA
County Philadelphia
Area 19104 (19104)
Zoning RSA5
Rooms
Basement Unfinished
Interior
Hot Water Other
Heating Forced Air,Hot Water
Cooling Central A/C
Equipment Built-In Microwave,Oven/Range - Electric,Refrigerator,Washer/Dryer Stacked,Dishwasher
Fireplace N
Appliance Built-In Microwave,Oven/Range - Electric,Refrigerator,Washer/Dryer Stacked,Dishwasher
Heat Source Natural Gas
Exterior
Waterfront N
Water Access N
Accessibility None
Garage N
Building
Foundation Stone
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade,Below Grade
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 243113800
Ownership Fee Simple
SqFt Source Estimated
Security Features Security System
Acceptable Financing Cash,Conventional,FHA,VA
Listing Terms Cash,Conventional,FHA,VA
Financing Cash,Conventional,FHA,VA
Special Listing Condition Standard