929 N 40TH ST, Philadelphia, PA 19104
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929 N 40TH ST, Philadelphia, PA 19104
929 N 40TH ST, Philadelphia, PA 19104
929 N 40TH ST, Philadelphia, PA 19104
929 N 40TH ST, Philadelphia, PA 19104
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Stephanie Newcomb

Stephanie Newcomb

+1(267) 218-1650
Listed by Alyce Gerhardt • Keller Williams Liberty Place
$ 1,265,000
Est. payment /mo
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Price Dropped by $2K

929 N 40TH ST Philadelphia, PA 19104

2,795 Sqft Lot

UPDATED:

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

Subdivision Parkside

MLS Listing ID PAPH2593190

Year Built 2025

Annual Tax Amount $100

Tax Year 2024

Lot Size 2,795 Sqft

Acres 0.06

Lot Dimensions 16.00 x 95.00

Property Sub-Type Five Or More Units

Source BRIGHT

Property Description

Turnkey new construction multifamily in the University City area of Philadelphia, Pennsylvania — the #1 destination to visit in the world for 2026 (WSJ) and a Top-10 USA MSA for rent growth (2026). Six (6) units spanning ±5K SF on a prominent cornel parcel with serious curb appeal. 10 Year Tax Abatement. Minimal OPEX, above-average rent growth forecast. Easy access to the “EDS + MEDS” powerhouse economic district with world-class employers, institutions, healthcare systems, universities and corporations — UPENN, CHOP, HUP, Drexel University, Science Center, Schuylkill Yards, Amtrak's 30th Street Station, Philadelphia Zoo, Boathouse Row, Kelly Drive, Museums District — all within reach from North 40th — insulating the property with rental demand for years to come.

Location

State PA

County Philadelphia

Area 19104 (19104)

Zoning CMX1

Interior

Hot Water Electric

Heating Forced Air

Cooling Central A/C

Flooring Luxury Vinyl Plank

Heat Source Electric

Exterior

Garage Spaces 1.0

Water Access N

View City

Accessibility None

Total Parking Spaces 1

Garage N

Building

Lot Description Corner

Sewer Public Sewer

Water Public

New Construction Y

Schools

School District Philadelphia City

Others

Tax ID 243237400

Ownership Fee Simple

Special Listing Condition Standard

Bright MLS (BMLS)
Stephanie Newcomb

Stephanie Newcomb

Agent

+1(267) 218-1650

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929 N 40TH ST