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31069662
31069663

929 N 40th St, Philadelphia, PA 19104

AP
PA Pennsylvania RS316262, NJ NJ 2190813
The Oceanside Realty Team
Listed by The Oceanside Realty Team
$1,300,000
81 days on market
Updated 81 days ago

North 40th

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 5,000
Units 6
Occupancy 100%
Price per SqFt $260
Class A
Year Built 2025
Stories 3
Lot Size (SqFt) 1,525
Zoning cmx1
Investment Type Stabilized

Multifamily | 6 Units | $216,667/unit

Marketing 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). 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.

Investment highlights

  • Top-10 USA MSA for rent growth (2026)

  • Easy access to the “EDS + MEDS” powerhouse economic district

  • 10 Year Tax Abatement

  • #1 destination to visit in the world for 2026 (WSJ)

  • Turnkey new construction multifamily

Listing Contacts

AP
PA Pennsylvania RS316262, NJ NJ 2190813
The Oceanside Realty Team
Listed by The Oceanside Realty Team

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Additional Information

Name
Agent PHL
License
Pennsylvania RS316262
Brokerage Phone
6106061095
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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