423 N 40th St - Apartments FOR SALE


Philadelphia, PA 19104- Powelton
$1,060,000 USD
484-437-3126
423 N 40th St, Philadelphia, PA for Sale
$1,060,000 USD
Apartments - FOR SALE
1/16
null | 8.2% Cap Rate

423 N 40th St
Philadelphia, PA 19104
Powelton


OVERVIEW

Income-producing five-unit building located in West Powelton Village. This well maintained property features fully occupied apartments with immediate rental income and convenient access to transit, universities, and major employment centers. Ideal opportunity for investors seeking steady cash flow in a strong rental market.

FOR SALE DETAILS

PRICE

$1,060,000 USD

PRICE/SF

$145 USD /SF

# OF UNITS

5

PRICE/UNIT

$212,000

CAP RATE

8.2%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2014

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

2,875 SF

ZONING

RM1

APN/PARCEL ID

881822349

ASK ABOUT THIS PROPERTY

Christos TzimoulisNew Age Realty Group IncMore Info
484-437-3126

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Christos TzimoulisNew Age Realty Group IncMore Info
484-437-3126

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.