512 N 40TH ST, PHILADELPHIA, PA 19104$254,900


PRICE REDUCTION. Future homeowner? University student/employee? Renter? Savvy investor? ALL OF THE ABOVE! Why not own your own home and have someone else pay your mortgage? This 3-story brick triplex – end unit – (per current city cert property is zoned as a triplex) could be yours! Convenient to Penn, CHOP, Drexel and USP. In this multi-family home the tenants pay their own electric baseboard heat. Replacement windows. Roof, electric service and hot water heater all replaced, updated kitchens in units 1 and 2. (Property meter pays for hot water heater and efficiency cooking gas only.) Open front porch, 1st floor unit: 2 bedrooms, 1 bath, living room, kitchen, access to rear yard and basement. 2nd floor unit: studio with loads of light in the kitchen from the rear and side yards. Last rented at $ 550 plus utilities in August 2015. 3rd floor unit: 3 bedrooms, 1 bath, kitchen with dishwasher and gas cooking, living room, laundry room includes washer and dryer ‘as is.’ Last rented in August 2015 at $ 995 per month plus utilities. High ceilings, some original moldings, most likely wood floors under carpet. Convenient to Center City, public transportation, shopping, restaurants, cultural institutions, parks and recreation. Within borders of Penn Home Ownership Program. Appears to be eligible for PHO Program for Closing Cost Reduction Program and Forgivable Loan Program. Property is being sold ‘as is.’ Please remind your Realtor to check the all doors are locked up. Thank you.

Exterior Features

  • New Construction: N
  • Property Condition: Average+Prop
  • Design: Quadplex
  • Exterior: Brick
  • Exterior Features: Sidewalks
  • Farm: N
  • Land Only: N
  • Land SQFT: 1451
  • Land Use Code: U50
  • Lot Dimensions: 16X91
  • Lot Number: 74
  • Parking: Street,Permit Required
  • Total Units: 4

School Details

  • School District: Philadelphia
  • High School:
  • Middle/JR High:
  • Elementary School:

  • Interior Features

    • Includes: Washer And Dryer, Refrigerators ‘as Is’
    • Basement: Y
    • Basement Type: Full,Unfinished
    • Garage Spaces: NoGarage
    • Heating: Electric,Baseboard
    • Hot Water: Natural Gas
    • Cooling: None
    • Central Air: N
    • Entrance: Foyer
    • Handicap: None

    Water & Sewer

    • Water: Public
    • Sewer or Septic: Public Sewer

    Room Details


    Real Estate Broker Courtesy of Springer Realty Group – Exton.

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    Property Summary

    Discover 512 N 40TH ST, PHILADELPHIA – Listed at $254,900 located in Philadelphia schools with 0 square feet of space in 19104.
    Property Tax ID: 061164300.
    MLS#: 6651803         Acre(s): 0.03

    Come make this home yours. Schedule your Showing today.
    Call Us toll-free @ 866-502-LIST

    MLS History

    MLS # Property Type Status List Date Status Change List Price Final Price
    4332218Multi-FamilySOLD2004-03-082004-11-29 00:00:00$100,000  Starkman Palumbo Inc
    • 0Beds
    • 0/0Baths
    • 0Sq.Ft.
    • 0.03Acre(s)

    Property has SOLD!

    Property Details

    • Property Type: Multi-Family
    • Type: Row/Town/Clu
    • County: PHILADELPHIA
    • School District: Philadelphia
    • Subdivision: UNIVERSITY CITY
    • Property Age: 70
    • Status: SOLD
    • Listed on: 2015-10-01
    • MLS #: 6651803
    • Taxes: 2779.00

    Cash Back: $955


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