929 40TH STREET, Philadelphia, Pennsylvania 19104 For Sale
For Sale
$1,267,000
929 40TH STREET, Philadelphia, Pennsylvania 19104
- 5,032 Sqft
- Built Year 2025
Description
929 N 40th: a 6-unit mixed-use income property featuring five units along with a commercial storefront leased providing predictable income growth. The property currently has 5/6 units rented with one residential unit currently vacant, offering immediate upside through lease-up and potential rent optimization. With diversified income streams, contractual commercial rent escalations, and strong residential demand for smaller units, this asset presents a compelling opportunity for investors seeking stable cash flow. New construction with tax abatement.
Basic Details
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Property Type: Residential Income
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Listing Type: For Sale
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Listing ID: PAPH2593180
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Price: $1,267,000
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Rooms: 0
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Half Bathrooms: 0
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Square Footage: 5,032 Sqft
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Year Built: 2025
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Lot Area: 0.06 Acre
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Status: Active
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PropertySubType: Other
Address Map
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Country US
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State PA
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County PHILADELPHIA-PA
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City Philadelphia
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Zipcode 19104
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Street: 40TH
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Street Number: 929
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Street Suffix: STREET
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Floor Number: 0
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Longitude: W76° 47' 47.1''
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Latitude: N39° 58' 18.8''
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Directions: GPS
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MLSAreaMajor: 19104 (19104)
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StreetDirPrefix: N
Features
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Heating System : Forced Air
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Cooling System : Central A/C
