929 N 40TH ST, Philadelphia, PA 19104
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929 N 40TH ST, Philadelphia, PA 19104
929 N 40TH ST, Philadelphia, PA 19104
929 N 40TH ST, Philadelphia, PA 19104
929 N 40TH ST, Philadelphia, PA 19104
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Anita Mohamed

Anita Mohamed

+1(347) 903-3025
$ 1,300,000
Est. payment /mo
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929 N 40TH ST Philadelphia, PA 19104

5,032 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 5,032 sqft

Price per Sqft $258

Lot Size 2,795 Sqft

MLS Listing ID PAPH2593180

Style Other

Total Units 4

Short Sale No

Originating MLS BRIGHT

Property Description

929 N 40th: a 6-unit mixed-use income property featuring five units along with a commercial storefront leased providing predictable income growth. The property currently has 5/6 units rented with one residential unit currently vacant, offering immediate upside through lease-up and potential rent optimization. With diversified income streams, contractual commercial rent escalations, and strong residential demand for smaller units, this asset presents a compelling opportunity for investors seeking stable cash flow. New construction with tax abatement.

Location

State PA

County Philadelphia

Area 19104 (19104)

Zoning CMX1

Interior

Hot Water Electric

Heating Forced Air

Cooling Central A/C

Fireplace N

Heat Source Electric

1-purchase type For Sale

Exterior

Waterfront N

Water Access N

Accessibility None

Parking Type On Street

Building

New Construction Y

Lot Dimensions 16.00 x 95.00

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade, Below Grade

Schools

School District Philadelphia City

Others

Tax Amount $100

Tax Year 2025

Tax ID 881000914

Ownership Fee Simple

SqFt Source 5032

Special Sale Standard

Bright MLS (BMLS)
testyfx76
Listed by Alyce Gerhardt • Keller Williams Liberty Place
Anita Mohamed
Anita Mohamed

Broker Associate | jhy1aaaaaaaaaaaaaaaa 244410410

+1(347) 903-3025 | stagesite-3.test@chime.me

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929 N 40TH ST