401 N 40th St Philadelphia PA 19104 2,762 Sq.Ft 5 units Zoning RM1 Annual tax $3,764 Gross rents: $56,832 Expenses: $3,837 annual tax $2,554 insurance $600 common area electric $1,920 water $250 rental license Total $9,161 8.6% CAP fully rented building in University City Net Income $47,671 Buyers Responsible for All transfer taxes and U&O. Cash or Hard Money Offers Price $549,000 Powelton Village investment opportunity for experienced investor - great Income producing building for University of Penn or Drexel off campus housing. Mixed used building with store front on first floor and 4 residential units. Close to Center city, Public transportation, Major roadways and Hospitals. Units were recently rehabbed and all rented.New construction all around !!! This deal is no brainier - make your appointment NOW !