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746-48 N 40th
Philadelphia, PA 19104
746-48 N 40th · Multifamily Property For Sale
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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 | $1,506,060 |
| Land Assessment | $167,340 | Total Assessment | $1,673,400 |
Property Taxes
Parcel Number
881000709
Land Assessment
$167,340
Improvements Assessment
$1,506,060
Total Assessment
$1,673,400
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