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329 N 40TH StreetPhiladelphia, PA 19104

For Sale

$1,750,000

Smart Buyer Rebate $17,500

This is new construction done five years ago. There are 6 apartments with 20 bedrooms and 17 bathrooms. Walking distance to UPenn and Drexel. It still has close to 5 years of tax abatement. Fully furnished apartments. Fully rented each year. Great cash flow with 10% to 20% rent increase potential. Contact me for tour.

Listed by Nanxing Wei

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License #AB068621

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Panphil Realty, LLC

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2153323089

Last updated July 01, 2025

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Source: BrightMLS #PAPH2398888

Listing Facts

  • TypeMulti-family
  • NeighborhoodWest Powelton
  • Days on Prevu353
  • Taxes$2,520/year
  • Size8,000 sqft
  • Price per sqft$219

Location

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Listing History

03/19/2025
Price Decreased
$1,750,000
09/19/2024
Listed by Panphil Realty, LLC
$1,850,000

Property Details for 329 N 40TH Street

Exterior

Construction

  • New Construction: No
  • Number Of Units Total: 4
  • Property Condition: Excellent
  • Year Built: 2018
  • Architectural Style: Other
  • Construction Materials: Brick

Features

  • Other Structures: Above Grade
  • Waterfront: No

Measurements

  • Lot Size Acres: 0.06
  • Lot Size Source: Estimated
  • Lot Size Square Feet: 2,754
  • Lot Size Units: Square Feet

Financial

Taxes

  • Tax Annual Amount: $2,520.00
  • Tax Year: 2025

Interior

Features

  • Fireplace: No

Measurements

  • Living Area: 8,000
  • Living Area Source: Estimated

Rooms

  • Basement: Full
  • Has Basement: Yes
  • Rooms Total: 20

Other

Location

  • Subdivision Name: UNIVERSITY CITY
  • Tax Lot: 173

Parking

Parking

  • Garage: No

Utilities

Equipment

  • Cooling: Central A/C
  • Heating: Forced Air
  • Has Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Public

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Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.