This Multifamily Property is no longer advertised on LoopNet.com.
746-48 N 40th
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
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
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 Numbers
Multiple
Improvements Assessment
$1,506,060
Land Assessment
$291,940
Total Assessment
$1,798,000
