3407 Wallace Street
Philadelphia, PA 19104
- – beds
- – baths
- 5,082 sqft
- 2,662 sqft lot
- $233 per sqft
- 2013 build
Amazing investment opportunity. This modern, fully occupied 5-unit multi-family property, built in 2013, is situated in the highly sought-after Mantua neighborhood of Philadelphia. Just a short walk from the University of Pennsylvania and Drexel University, ensuring consistent demand from students and professionals. This property offers investors an excellent opportunity to acquire a turnkey asset with significant potential for rental growth and immediate rent increases. The property is also located within a Qualified Opportunity Zone, providing potential tax advantages for investors. The unit mix includes two (2) two-bedroom, one-bathroom units, one (1) three-bedroom, two-bathroom unit and two (2) four-bedroom, two-bathroom units. The units offer hardwood floors, stainless-steel appliances, in-unit washer and dryers, intercom system and much more. Don’t miss this rare opportunity to own a high-performing multi-family property in a rapidly developing area.
Listing courtesy of BRIGHT / KW Empower
Last checked:
Checking…
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Last updated Dec 28, 2024
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MLS# PAPH2430570 —
The Building
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Year Built:2013
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Year Built Source:Assessor
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New Construction:No
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Construction Materials:Masonry
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Building Units Total:4
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Structure Type:Other
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Architectural Style:Straight Thru
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Accessibility Features:None
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Total SqFt Source:Assessor
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Total Below Grade SqFt Source:Assessor
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Tax Total Finished SqFt:5082
Interior
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Fireplace:No
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Living Area SqFt Source:Assessor
Room Dimensions
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Total SqFt:5082
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Living Area SqFt:5,082 Sqft
Financial & Terms
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Sale Type:Standard
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Possession:Settlement
Location
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Directions:From Market Street right on North 33rd Street, Left on Haverford Avenue, Right on North 35th Street, Right on Wallace Street
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Latitude:39.96541977
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Longitude:-75.19221497
The Property
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Property Type:Multi-Family
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Property Subtype:Other
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Lot Size Units:Square Feet
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Lot Size Acres:0.06
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Lot Size Source:Assessor
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Lot Size Dimensions:24.00 x 110.00
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Lot Dimensions Source:Assessor
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Lot SqFt:2,662 Sqft
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Zoning:RSA5
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Other Structures:Above Grade, Below Grade
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Water View:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Land Use Code:CA0
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (215) 783-7779
- Office phone:
- (215) 627-3500
Taxes
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Tax ID Number:881808641
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Tax Year:2024
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Tax Lot:4091
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Tax Annual Amount:$499
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Tax Assessed Value:$35,670
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Year Assessed:2024
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School Tax:279.0
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City/Town Tax:219.00
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Total Taxes Payment Frequency:Annually
Heating & Cooling
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Cooling Type:Central A/C
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Central Air:Yes
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Cooling Fuel:Electric
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Heating:Yes
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Heating Type:Heat Pump(s)
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Heating Fuel:Electric
Utilities
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Sewer/Septic:Public Sewer
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Hot Water:Electric
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Water Source:Public
Schools
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School District Name:The School District Of Philadelphia
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School District Source:Listing Agent
The Community
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Subdivision Name:Mantua
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Pool:No Pool
Parking
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Garage:No
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Type of Parking:None
Extra Units
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Vacation Rental:No
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Two Bedroom Units:3
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Three Bedroom Units:2
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
12/27/24
Dec 27, 2024
|
Listed / Active | BRIGHT | $1,185,000 |