$1,500,000
321 N••••• 40th St (Sign up for 50 free credits to unlock)Philadelphia, PA 19104
Property 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.
Property Facts & Features
- Property Type
- Multi Family
- Status
- Active
- Listed
- Oct 4, 2026
- Price per Sq Ft
- $259/sqft
- ZIP Code
- 19104
Location
Lat 39.95985 · Lng -75.20177