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Common Ground Realtors
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Main Office:
215-222-2300
lindsay@
commongroundrealtors.c
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Common Ground Realtors

215-222-2300

lindsay@commongroundrealtors.com

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Please explore the resources within our website, you will find everything you need to buy or sell a home as well as learn about the market value of homes. You can search for homes with detailed descriptions, photos, community and school information and so much more.

We are ready to assist you with all of your real estate needs. Our approach is customized for each client; our solutions are never one-size-fits-all! Please view this website as an introduction of our services and capabilities in this local area. Give us a call or send an email when you are ready to visit some homes or to schedule a free home buying or selling consultation. We look forward to working with you!

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Common Ground Realtors 
Contact Info:
411 40TH ST
PHILADELPHIA, PA 19104
Main Office:215-222-2300
Email Address:lindsay@commongroundrealtors.com
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Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
PAPH987008
Type:
Duplex
Lot size:
0.03 Acres
Year built:
1930
Last Updated: 7/24/2021 7:26 PM

Great Investment Opportunity or Live / Rent Opportunity just a few blocks from Drexel University! This 1800+ sqft property is properly zoned for Duplex. Located just a five blocks from Drexel Campus and Drexel Park (as well as the Schuylkill Trail, this is a fantastic location for student renters, as well as travelers, and local residents. Rentals in the surrounding blocks are always at full capacity! Currently rented through August 31, 2021 (with an opportunity for renew 90 days prior) with Gross Rents of only $2,400 per month; there is much room to grow here as anticipated rents are $3,275 per month. This duplex houses a 1 bedroom, 1 bath and 3 bedroom, 1 bath units that have freshly updated, had new bathrooms installed in 2016, upgrades to kitchens with laundry added; and yet, there is much more room for growth. Central air can easily be added with existing ductwork and heating systems. All window A/C units and appliances are included in the sale. Situated close to all that University City has to offer and is not far from mass transit; including 30th street station, regional rail and Amtrak. Not only is the property located blocks from 30th Street station, it is less than half mile from the Schuylkill River Trail, the Art Museum and the Parkway! The property is also located blocks from the 7 million square foot UCity Square mix-use development, the $3.5 billion Schuylkill Yards Development and the forthcoming Platinum Corridor with 3.0 University Place. This will help for Philadelphia to cement its future as the national leader in the life sciences industries. Don't miss out on this fantastic income generating opportunity! Or live in one unit and rent the other to assist with your mortgage! This property is being sold "As is, Where is".