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Realty One Group
(702) 898-0101

422 N 40TH STREET, PHILADELPHIA, PA 19104

  • $6,000,000

  • MLS#: 1002491900

Listing Presented By

Ilya Rabovetsky
REDBLOCK Realty Inc.
(215) 331-5252

Multi-Family - PHILADELPHIA, PA

PACKAGE SALE 18 upscale units throughout 5 buildings sharing a courtyard, 46 bedrooms. Located in West Powelton / Powelton Village. Fully leased, no vacancy, no delinquency. Newly built in 2015. 10 year tax abatement (7 remaining)! Low expenses! Tenants pay own electric, heating, and cooling. All units have a washer/dryer. Easy to manage and lease. Minutes to PENN, Drexel, CHOP, PENN Hospitals. There are 18 yearly leases, 1 lease per apartment. Professionally managed, great reviews. Owners do not rent rooms, thus easy to manage. Located steps from subway, trolley, and bus stop. Easy access to 30th Street Station and all nearby universities. Police station around the corner. Located within the University City District Patrol area. Property offers courtyard access and roofdeck access to most units. Tremendous opportunity for long-term hold. Cash flow from day 1! Disclosure: Some information in Trend may not be accurate due to limited ability to list over 9 units, etc. Addresses included are 422 N 40th (4 units), 426A N 40th (4 units), 426B N 40th (4 units), 443 Wiota (3 units), and 439 Wiota (3 units). Disclosure: Broker has financial interest.

  • $6,000,000
  • Multi-family
  • MLS#: 1002491900
  • Built In: 2015
  • Last Updated: November 19, 2018
  • Posted: September 6, 2018

422 N 40TH STREET, PHILADELPHIA, PA 19104 MLS#: 1002491900

422 N 40TH STREET, PHILADELPHIA, PA 19104 is an , Multi-family in Philadelphia, Pennsylvania for $6,000,000 with MLS#: 1002491900 and offered by Ilya Rabovetsky of REDBLOCK Realty Inc.. To learn more about 422 N 40TH STREET, PHILADELPHIA, PA 19104 contact Ilya Rabovetsky for more information or to request a showing.


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