305 N 41ST STREET Overview
- Time on Site:
- 7 days
- Visits:
- 0
Welcome to 305 N 41st Street, a FULLY LEASED triplex offering immediate cash flow and exceptional long-term upside in one of Philadelphia's fastest-growing development corridors. Whether you are an investor seeking a strong addition to your portfolio or a buyer looking to owner-occupy and house hack, this property presents a compelling opportunity in the heart of West Powelton. The building consists of three well-maintained 2-bedroom, 1-bath apartments, each featuring hardwood flooring, in-unit laundry, and recently upgraded kitchens and bathrooms. Kitchens include granite countertops, white cabinetry, and newer appliances, while the bathrooms offer updated fixtures and modern finishes. The property is turn-key and fully leased, providing immediate income from day one. The lower-level unit is the largest, offering private outdoor patio space and direct basement access, ideal for additional storage. All units are accessed through a shared foyer and common hallway, providing convenient yet private entrances for residents. Positioned within a major development and institutional growth area, the property benefits from strong and consistent rental demand. It is walkable to multiple major university campuses, including UPenn and Drexel, and minutes from University City's hospitals, research centers, and expanding commercial corridors. Located just two blocks from 40th Street Station, the property offers exceptional connectivity via rail, trolley, and bus routes. With a Walk Score of 85 and Transit Score of 99, residents enjoy easy access to Market Street, Lancaster Avenue, Spring Garden Street, Center City, I-76, and I-95. With its prime location, strong tenant demand, and proximity to some of Philadelphia's largest employers and universities, 305 N 41st Street represents a rare opportunity to secure a fully leased asset in a high-growth neighborhood with significant long-term appreciation potential.
305 N 41ST STREET Facts & Features
- Type Multi-Family
- Sq. ft. 2,505
- Price/Sq.ft. $244
- Lot 0.03 Acres
Details
General
Income/Expenses
- Existing Lease Type: Yearly
- Gross Income: 48600.00
- Income Includes: Apartment Rentals
Listing Information
- Real Estate Owned: No
- Short Sale: No
Building Information
- New Construction: No
- Pool: No Pool
- Total SQFT: 2505
- Year Built: 1915
Location/Region
- Country: US
- County: PHILADELPHIA
- County Or Parish: PHILADELPHIA
- MLS Area Major: 19104 (19104)
- Subdivision Name: PHILADELPHIA (WEST)
Parking Information
- Type of Parking: On Street
Tax Information
- Tax Annual Amount: $9,461.00
- Tax Assessed Value: 675900.00
- Tax Year: 2025
General Information
- Inclusions: all appliances
- Property Condition: Very Good,Excellent,Good
- Property Sub Type: Triplex
- Property Type: Multi-Family
- School District Name: PHILADELPHIA CITY
- Special Listing Conditions: Standard
- Vacation Rental: No
- Zoning: RSA5
Unit Information
- Other Units: Unit 1,Unit 2,Unit 3
Interior
Building Information
- Cooling Fuel: Electric
- Heating Fuel: Natural Gas
Parking Information
- Garage: No
Building Exterior/Construction
- Structure Type: Interior Row/Townhouse
Building Interior
- Above Grade Finished Area: 2505
- Above Grade Finished Area Source: Assessor
- Above Grade Finished Area Units: Square Feet
- Below Grade Finished Area: 0
- Below Grade Finished Area Source: Assessor
- Below Grade Finished Area Units: Square Feet
- Central Air: No
- Hot Water: Other
General Information
- Accessibility Features: None
- Appliances: Dryer, Oven - Single, Stove, Stainless Steel Appliances, Washer, Water Heater, Microwave, Range Hood, Oven/Range - Gas
- Cooling: None
- Fireplace: No
- Flooring: Ceramic Tile, Hardwood
- Foundation Details: Brick/Mortar, Stone
- Heating: None
- Living Area: 2505
- Living Area Source: Assessor
- Units Furnished: None
Unit Information
- One Bedroom Units Count: 0
- Single Room Units Count: 0
- Three Bedroom Units Count: 0
- Two Bedroom Units Count: 3
Exterior
Lot Information
- Lot Dimensions Source: Assessor
- Lot Size Dimensions: 17.00 x 84.00
- Lot Size Source: Assessor
- Lot Size Square Feet: 1427.00
- Lot Size Units: Square Feet
- Water Source: Public
Waterfront/View
- View: City
- Water Oriented: No
- Water View: No
- Waterfront: No
Building Exterior/Construction
- Architectural Style: Other
- Construction Materials: Brick
General Information
- Exterior Features: Sidewalks, Street Lights
- Number Of Units Leased: 3
- Number Of Units Total: 3
- Number Of Units Vacant: 0
- Other Structures: Above Grade,Below Grade
- Sewer: Public Sewer
- Water Access: No
Unit Information
Unit 3 Details
- Unit Type: Unit 1
- Total Rent: 1360.00
- Beds Total: 2
Unit 2 Details
- Unit Type: Unit 2
- Total Rent: 1295.00
- Beds Total: 2
Unit 1 Details
- Unit Type: Unit 3
- Total Rent: 1395.00
- Beds Total: 2
305 N 41ST STREET Neighborhood
Community
19104 (PHILADELPHIA) Demographics
305 N 41ST STREET Monthly Cost
305 N 41ST STREET Market Data
Based on the last 30 days in this zip code
305 N 41ST STREET History
| Date | Value | Agent |
|---|---|---|
| 6/22/2026Source: BRIGHT MLS | June 22, 2026 |
|
| 12/3/2024Source: BRIGHT MLS | August 13, 2021 |
Contact Information: [email protected] - 2157357368