423 N 40TH ST, Philadelphia, PA 19104
Listed by Nicole Caprario • New Age Realty Group Inc
Bought with Ernest Dodge III • KW Empower

$1,017,450

Est. payment /mo

$1,060,000

4.0%
Est.Price: ?

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423 N 40TH ST Philadelphia, PA 19104

2,875 Sqft Lot

SOLD DATE : 08/27/2026

Key Details

Sold Price $1,017,450

Property Type Commercial

Sub Type Five Or More Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PAPH2578786

Sold Date 08/27/26

Year Built 2014

Annual Tax Amount $15,442

Tax Year 2025

Lot Size 2,875 Sqft

Acres 0.07

Lot Dimensions 25.00 x 115.00

Property Sub-Type Five Or More Units

Source BRIGHT

Property Description

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.

Location

State PA

County Philadelphia

Area 19104 (19104)

Zoning RM1

Interior

Hot Water Electric, 60+ Gallon Tank

Heating Central

Cooling Central A/C

Heat Source Electric

Exterior

Water Access N

Accessibility 2+ Access Exits

Garage N

Building

Foundation Brick/Mortar, Concrete Perimeter

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 881822349

Ownership Fee Simple

Acceptable Financing Cash, Conventional, Private

Listing Terms Cash, Conventional, Private

Financing Cash,Conventional,Private

Special Listing Condition Standard

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Bright MLS (BMLS)

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Anita John

Anita John

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+1(415) 939-9924

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