833 N 40Th Street Philadelphia, PA $ 1,075,000
833 N 40Th Street
$ 1,075,000
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833 N 40Th Street

Philadelphia, PA, 19104
$ 1,075,000
Bedrooms-- Baths-- Sq 4,755

Monthly Estimate*

$ 7,425

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Commercial Property for sale in Philadelphia, PA

for $1,075,000. This 4,755 square foot building was built in 2023 on a lot size of 0.05.

Prime Investment Opportunity Fully Occupied New Construction 5-Unit Multifamily in Mantua! Welcome to 833 N 40th Street, an exceptional investment opportunity in Philadelphia's rapidly evolving Mantua neighborhood! This newly constructed, fully occupied five-unit multifamily property offers immediate rental income, modern construction, and the added financial advantage of a tax abatement. Featuring five residential units, all currently occupied, this income-producing property is an excellent addition to any investment portfolio. Enjoy the benefits of newer construction, reduced potential for near-term maintenance expenses, and an existing tenant base providing income from day one. The tax abatement adds further appeal, offering the potential for reduced property tax expenses and enhanced cash flow. Located in the heart of Mantua, an area experiencing ongoing revitalization and new development, this property is conveniently situated near University City, Drexel University, the University of Pennsylvania, public transportation, and major commuter routes. Its location offers access to some of Philadelphia's most prominent educational and employment centers. Whether you're a seasoned investor expanding your portfolio or looking to acquire a newer income-producing asset, 833 N 40th Street presents an outstanding opportunity for immediate cash flow and long-term investment potential. Fully occupied, five units, new construction, tax abatement, and a prime location in Mantua! Don't miss this opportunity to add a valuable multifamily asset to your portfolio. Schedule your private showing today!

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Commercial Active

Price

$ 1,075,000

Property Type

Commercial

Taxes

$ 8,453

Style

Apartment Building

Lot Size

0.05

Year Built

2023

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2681314

Features
Interior
Heating Fuel Natural Gas
Flooring Hardwood Ceramic Tile
Hot Water Electric
Total Stories 4
Heating Y/N Y
Central Air Y/N Y
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General
Sewer Public Sewer
Heating Forced Air
Cooling Central A/C
Possession Immediate
Roof Flat Rubber
Zoning RM1
Construction Materials Concrete Metal Siding Brick
Year Built 2023
Electric 100 Amp Service
Property Subtype Five Or More Units
Tax Year 2026
Ownership Fee Simple
Cool Fuel Electric
Municipality PHILADELPHIA
Business Type Apartment Building
Accessibility None
County PHILADELPHIA
New Construction N
Property Type Commercial Sale
Subdivision Name MANTUA
Water Access Y/N N
Status ACTIVE
Directions Take N 40th Street to Parrish Street. The property is located at the corner of N 40th Street and Parrish Street.
City PHILADELPHIA
Number Of Units Total 5
MLS Area 19104 (19104)
Lot Size Units Square Feet
Lot Size Square Feet 2288.00
Tax Annual Amount 8453.2
Property Condition Excellent
Price Per Sq Ft Total AG 160.07
Acceptable Financing Cash Conventional
Vacation Rental Y/N N
Standard Status Active
Year Built Source Assessor
Tax Lot 30
Total Actual Rent 97248.00
Association Recreation Fee N
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Exterior
Water Source Public
Type of Parking None
Water View Y/N N
Building Area Total 6716.00
Lot Size Acres 0.05
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 71400.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 833
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* Excluded Features
List By
Keller Williams Main Line

Broker

denise@gnr-group.com

Email

Affordability Calculator

$8,129
Per Month
91%
9%
0%
Monthly Principal & Interest
$7,425
Monthly Property Taxes
$704
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/16/2026$1,075,000 Listed Price

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833 N 40Th Street, Philadelphia, PA, 19104 is a Commercial Property for sale at $1,075,000 with 4,755 sqft and a lot size of 0.05. 833 N 40Th Street was built in 2023. The property's zip code is 19104 which is in Philadelphia, PA