2 months on rocket

424 N 40th St, Philadelphia, PA, 19104

$1,149,900

Home List Price

$10,000*

Closing Credit

0 Baths
4,204 SqFt
$274/SqFt
Multi

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

424 N 40th St, Philadelphia$1,149,900

Buyer Closing Credits

$10,000*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeQuadruplex
ParkingOn Street
Year BuiltNew Const., 2016
HeatingCentral
CoolingCentral Air
BasementYes
MLS #PAPH2396866
Lot Size0.04 Acres
StatusActive
(ACTIVE)

About 424 N 40th St

INCREDIBLE INVESTMENT OPPORTUNITY! 424 N 40th st is 4 upscale units with shared roof deck. Each unit offering luxury and tastefully designed bi-level floor plan, hardwood flooring, stainless-steel appliances, access to roof deck and/or courtyard and tons of square footage. As you enter each unit, you are met with a large open-concept common space and extremely spacious bedrooms with sizable walk-in closets and lots of natural light! Located in Powelton Village. Newly built in 2016 with remaining tax abatment. Tenants pay own electric, heating, and cooling. All units have a washer/dryer and intercom system. 1 lease per apartment. Easy to manage and lease. Low expenses! Minutes to PENN, Drexel, CHOP, PENN Hospitals. Located within the University City District Patrol area. Steps away from subway, trolley, and bus stop. Easy access to 30th Street Station and all nearby universities. Incredible investment opportunit and Cash flow from day 1! Disclosure: Broker has financial interest and is related to the seller.

Property Details

Property Features

Property Information:

  • Architectural Style: Bi-level
  • Year Built: 2016
  • Living Area: 4,204 SqFt

Listing Office:

  • Office Name: Archstone Realty
  • Office Phone: (215) 924-0440
  • Listing Agent: Ausra Anusauskas

Interior Features

Interior Information:

  • Basement: Yes
  • Interior: Bathroom - Tub Shower, Bathroom - Stall Shower, Breakfast Area, Built-Ins, Intercom, Upgraded Countertops, Wood Floors

Exterior Features

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.04 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: use GPS

Municipality:

  • Philadelphia

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,149,900
  • Price Per SqFt: $274/SqFt

Tax Information:

  • Annual Amount: $5,110
  • Tax Year: 2020
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Philadelphia, PA.

Map thumbnail provided by MapBox

Philadelphia, PA

City

Med. Sold Price

$261.8K

Med. Price/SqFt

$199

Avg. Days On Market

44

# of Sold Homes

1056

424 N 40th St vs Philadelphia

70 DAYS ON ROCKET

+26 Days

$1,149,900

+$888K More

$274/SqFt

+$75 More

KEY TAKEAWAY

This property is $888K more than the Median Sold Price and $75/SqFt more than other homes in Philadelphia, PA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #PAPH2396866

Listing Office:

  • Office Name: Archstone Realty
  • Office Phone: (215) 924-0440
  • Listing Agent: Ausra Anusauskas

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/24/2024, 1:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 24, 2011Home Sold
$53,000
Aug 24, 2011Home Sold
$68,000
Nov 12, 2004Home Sold
$114,840

Tax History

YEARPROP. TAXASSESSMENT
2020$5,110 -
2019$1,359$693,500
2018$1,062$542,000
2017$640$45,700

History based on county public records data.

Payment Calculator

$5,807

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,514

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1037687
5
/10

  • Samuel Powel Elementary School

  • 301 N 36th St

  • 0.45 miles

  • Public District Grades KG-4

school-card-donut-1037688
3
/10

  • Inquiry Charter School

  • 1301 Belmont Ave

  • 1.09 miles

  • Public Charter Grades PK-5

school-card-donut-1037689
3
/10

  • Universal Institute Charter School at Bluford

  • 5801 Media St

  • 2.01 miles

  • Public Charter Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $11,828. Most Philadelphia, PA residents have annual incomes less than $35k. The majority of families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Pennsylvania›Philadelphia County›Philadelphia›19104›424 N 40th St

This home is located at 424 N 40th St in Philadelphia, PA and zip code 19104 in the Powelton neighborhood. This 4,204 square foot home, which was built in 2016, sits on a 0.04 acre lot. It has been listed on Rocket Homes since September 15, 2024 and is currently priced at $1,149,900.

Philadelphia, PA housing market in October 2024 saw over 252 listings sold above listed price, more than 237 sold at listed price and over 567 sold below. The number of homes for sale in Philadelphia, PA increased by 9.8% between September 2024 and October 2024. While the average time on the market in October 2024 was 44 days, the median list price was $261,807.

From Rocket Homes Real Estate and based on county public records data.

More Resources