746-48 N 40th | Philadelphia, PA 19104
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- LoopNet Team
746-48 N 40th
Philadelphia, PA 19104
746-48 N 40th · Multifamily Property For Sale
·
24 Units
INVESTMENT HIGHLIGHTS
- New Construction Multifamily | 24 Units Just North of University City
- Tax Benefits | 10-Year Tax Abatement & QOZ Offering
- World Class Eds & Meds | Access to UPenn, Drexel, USciences, CHOP, Penn Medicine
- One- and Two- Bedroom Layouts | Over 90% Two-Bedroom Units
- All PHA Rents | Majority of Total Rent Guaranteed by HUD
- Transit-Oriented Location | 0.2 Miles to SEPTA 41st & Lancaster Station
PROPERTY FACTS
| No. Units | 24 | Lot Size | 0.27 AC |
| Property Type | Multifamily | Building Size | 18,050 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 2023 |
| Building Class | B | ||
| Zoning | RM1 - Residential, Multi-Family | ||
| No. Units | 24 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.27 AC |
| Building Size | 18,050 SF |
| No. Stories | 3 |
| Year Built | 2023 |
| Zoning | RM1 - Residential, Multi-Family |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 2 | - | 588 |
| 2+1 | 4 | - | 644 |
| 2+2 | 18 | - | 700 |
PROPERTY TAXES
| Parcel Number | 881000709 | Improvements Assessment | $2,061,028 |
| Land Assessment | $229,003 | Total Assessment | $2,290,031 |
PROPERTY TAXES
Parcel Number
881000709
Land Assessment
$229,003
Improvements Assessment
$2,061,028
Total Assessment
$2,290,031
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