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327 N 40th St
Philadelphia, PA 19104 Powelton

$1,850,000 USD

Apartments For Sale  •  12,106 SF

Property Details

  • Property Type Apartments
  • Total Building Size 12,106 SF
  • Lot Size 0.06 AC
  • Building Class C
  • Year Built 2018
  • Cap Rate 7.74 %
  • Zoning R10
90 Transit Score
89 Walk Score

Highlights

FULLY STABILIZED, HIGH-YIELD ASSET -Six fully leased units generating $14,746/month or $176,952/year in potential rent.
PREMIUM FINISHES + OUTDOOR AMENITIES -Includes private roof deck, backyard, large living spaces, modern kitchens, and in-unit laundry.
DESIRABLE UNIT MIX - Diverse layouts, including 2BD, 3BD, and 4BD units, tailored to the student and roommate market.
MODERN CONSTRUCTION (2018) - Turnkey asset with updated systems, reducing future CapEx exposure.
PRIME UNIVERSITY CITY LOCATION \ - Steps from UPenn, Drexel, Penn Medicine, and major SEPTA transit.
CAPITAL IMPROVEMENT-Brand new TPO roof with a 25-year warranty.

Property Flyers

Financial Summary (Actual)

Net Operating Income: $143,106 USD (2025)
Cap Rate: 7.74 %

Major Tenants

Tenant SF Occupied Lease End Date
CSS Property Group - 327 N 40th St

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Cable Ready
  • Controlled Access
  • Dishwasher
  • Disposal
  • Fenced Lot
  • Microwave
  • Washer/Dryer
  • Heating
  • Smoke Free
  • Security System
  • Ceiling Fans
  • Tile Floors
  • Double Vanities
  • Eat-in Kitchen
  • Kitchen
  • Granite Countertops
  • Hardwood Floors
  • Vaulted Ceiling
  • Refrigerator
  • Oven
  • Sprinkler System
  • Stainless Steel Appliances
  • Range
  • Tub/Shower
  • Views
  • Walk-In Closets
  • Yard
  • Breakfast Nook
  • Deck
  • Den
  • Dining Room
  • Double Pane Windows
  • Family Room
  • Freezer
  • Handrails
  • Instant Hot Water
  • Island Kitchen
  • Linen Closet
  • Pantry
  • Skylights
  • Public Transportation
  • Smoke Detector

Public Transportation

Commuter RailDriveWalkDistance
3 min 16 min 0.8 mi
4 min - 1.4 mi
Transit/SubwayDriveWalkDistance
Lancaster Avenue and 40th Street (Route 10 - Southeastern Pennsylvania Transportation Authority Rapid Transit (SEPTA Subway & Trolley)) 2 min 4 min 0.2 mi
Lancaster Avenue and Spring Garden Street (Route 10 - Southeastern Pennsylvania Transportation Authority Rapid Transit (SEPTA Subway & Trolley)) 2 min 5 min 0.2 mi
Lancaster Ave & Hamilton St (Route 10 - Southeastern Pennsylvania Transportation Authority Rapid Transit (SEPTA Subway & Trolley)) 1 min 5 min 0.3 mi
AirportDriveWalkDistance
Philadelphia International 21 min - 9.4 mi
Trenton Mercer 53 min - 36.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Craig Thom 267-223-4202 Trophy Commercial Real Estate
Craig Thom 267-223-4202 Trophy Commercial Real Estate