$1,500,000
 $8,052 est/mo Sourced by Back At You

321 N 40th St,PHILADELPHIA, PA 19104

PHILADELPHIA, PA 19104

Share:

PreviousNext

Description

This fully occupied five-unit building commands an annual gross rental income of over $132,000. Each unit is equipped with separate utilities and dedicated HVAC systems, ensuring optimal comfort and efficiency. The apartments showcase high-quality finishes, including hardwood flooring, granite and stainless-steel kitchens with Shaker cabinetry, dishwashers, built-in microwaves, and tile bathrooms. Each unit includes its own washer and dryer, and all but one apartment is partially furnished. Additionally, a spacious unfinished basement provides ample storage. The property consists of two 5-bedroom, 2-bath units, one 4-bedroom, 2-bath unit, and two 2-bedroom, 1-bath units. Located in the thriving West Powelton neighborhood, this property is strategically positioned near the University City Science Center, Drexel University, and the University of Pennsylvania, along with a variety of dining and coffee options. With multiple convenient SEPTA transportation options available, it is less than ten minutes by car or bicycle to Center City-an undeniable opportunity for any investor.

Details

MLS #PAPH2675566
Listing TypeFor Sale
Sub-TypeResale
StatusActive-bright
Year2016
Days On Site12
Listing Provided ByCompass Pennsylvania, LLC | Jordan B Wiener

Features

SQ Feet5,792
BasementY
Units4
ZoningRM1
Acreage0.05

Interior

CoolingCentral A/C, Zoned
Heating Yes / NoYes
HeatingCentral, Zoned

Exterior

RoofFlat
Construction MaterialsBrick, Stucco
Foundation DetailsConcrete Perimeter

Parking

Garage Yes / NoNo

Taxes

Tax Annual Amount1618

Area Information

StatePA
CountyPHILADELPHIA PA
CityPHILADELPHIA
Zip Code19104
Area19104 (19104)
School DistrictTHE SCHOOL DISTRICT OF PHILADELP
Listing VS Median (in 19104)
Price:
$1,500,000
low | high
Med:
$4,200
100% of Average
sqft:
5,792
low | high
Med:
2,359
100% of Average
$ / sqft:
$259
low | high
Med:
$2
100% of Average
On site:
12
low | high
Med:
164
7.317073170732% of Average
Sourced by Back At You

Market Activity 19104

Request a showing

Request a showing

Contact

Additional Information

Showing Information

Submit Form

Required Field
By submitting, you agree to receive promotional texts and/or calls from Class Harlan Real Estate at the number provided. Message/data rates may apply. Consent is not a condition of purchase, and you can opt out anytime by replying STOP.
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Bright MLS. 

© 2024 Bright MLS, All Rights Reserved

Contact

Learn More About This Property

Glenn Nemath

Glenn Nemath

Class Harlan Real Estate

 (215) 896-9130glenn@classharlan.com
StatePA
CountyPHILADELPHIA PA
CityPHILADELPHIA
Zip Code19104
Area19104 (19104)
School DistrictTHE SCHOOL DISTRICT OF PHILADELP
Listing VS Median (in 19104)
Price:
$1,500,000
low | high
Med:
$4,200
100% of Average
sqft:
5,792
low | high
Med:
2,359
100% of Average
$ / sqft:
$259
low | high
Med:
$2
100% of Average
On site:
12
low | high
Med:
164
7.317073170732% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $1.125M - $1.875M
sqft: 4,000 - 7,000
Nearby Listings Property ImageNearby Listings Details
3607 SPRING GARDEN ST Property Photo 1
$1,500,000
3607 Spring Garden St
Philadelphia, PA 19104
Listing Updated: October 16, 2026 at 1:16:13 PM PDT