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1634 40 W Master St

$799,000

1634 40 W Master St, Philadelphia, Pa 19121

Active
Last Updated: 02/12/2025

11,151 sqft

Building Size

1915

Year Built

Details:
Building Size:    11,151 sqft
Year Built:    1915
Price Per Sqft:    $71.65
Zoning:    RSA5
Highlights:
  • Days on Market: 183
  • Heating: Baseboard - Hot Water, Forced Air
Description:

This is an increidble opportunity for the right investor that is familiar with federal programs designed for housing for recovery, stabiliazation programs, VA, etc. This property has a legal rental license for 25 units, that includes one unit designated for a builing manager. Each private bedroom has tall ceilings, windows and a closet. There is a total of 6 powder rooms, 6 showers, a laundry room, 3 lounge/common areas, and 2 kicthens that are shared by all the residents. There is also a large outdoor space and a reception area at the front door. The area is surrounded by new construction, easily assesable by public transportation, and close to Center City. The property was occupied fairly recently, repairs needed, but it is priced accordinly to the esimated cost to renovate.

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