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.
For sale
Price cut: $100K (3/19)
$1,750,000
329 N 40th St, Philadelphia, PA 19104
8beds
5baths
8,000sqft
Est.:
Townhouse
Built in 2018
-- sqft lot
$-- Zestimate®
$219/sqft
$-- HOA
What's special
Fully furnished apartments
- 224 days
- on Zillow |
- 80 |
- 8 |
Zillow last checked: 7 hours ago
Listing updated: April 07, 2025 at 08:01am
Listed by:
Nancy Wei 215-332-3089,
Panphil Realty, LLC 2153323089
Source: Bright MLS,MLS#: PAPH2398888

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 5
Heating
- Forced Air, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Electric Water Heater
Features
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 8,000
- Total interior livable area: 8,000 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 2,754 Square Feet
Details
- Additional structures: Above Grade
- Parcel number: 881161745
- Zoning: RM1
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Townhouse
Materials
- Brick
- Foundation: Concrete Perimeter
Condition
- Excellent
- New construction: No
- Year built: 2018
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: University City
Location
- Region: Philadelphia
- Municipality: PHILADELPHIA
Financial & listing details
- Price per square foot: $219/sqft
- Tax assessed value: $1,800,000
- Annual tax amount: $2,520
- Date on market: 9/19/2024
- Listing agreement: Exclusive Agency
- Ownership: Fee Simple
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