$1,300,000

3407 Wallace St

PHILADELPHIA PA, 19104

Description

OPPORTUNITY knocks! Own a fully occupied 5-unit building in one of Philadelphia's Opportunity Zones. This 6-year young building sits on a 24x110 lot, has 3 to 4 years left on the tax abatement and brings in around $85,778 in gross annual rent. Unit #1 features a 2 bed, 1 bath unit for $1000/month. Unit #2 features a 4 bed, 2 bath unit for $1750/month. Unit #3 features a 2 bed, 1 bath unit for $1199/month. Unit #4 features a 4 bed, 2 bath unit for $1700/month. Unit #5 features a 3 bed, 2 bath unit for $1500/month. All of the units have hardwood floors, open kitchens with stainless steel appliances, washer and dryers, high ceilings, intercoms and lots of natural sunlight. 3407 Wallace St is walking distance to UPenn, Drexel U, Penn Presbyterian Medical Center, Philadelphia Zoo, the Vidas Athletic Complex and much more. Minutes to Center City, Art Museum, 30th St Station, Kelly Drive and 76.

Details

MLS#PAPH932064
Listing TypeFor Sale
StyleIndustrial
Sub-TypeResale
StatusActive
Year2013
Days On Site20

Features

SQ Feet5,082
Units5
ZoningRM1
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Area Information
StatePA
CountyPHILADELPHIA-PA
CityPHILADELPHIA
Zip Code19104
Area19104 (19104)
Listing VS Median (in 19104)
Price:
$1,300,000
low | high
Med:
$50,000
100% of Average
SqFt:
5,082
low | high
Med:
492
100% of Average
$ / SqFt:
$256
low | high
Med:
$25
100% of Average
On Site:
20
low | high
Med:
232
8.620689655172% of Average
Listing Updated: 09/26/2020
Keith P Adams LogoMLS Number: PAPH932064
Listing Provided By:
Keith P Adams  of  Compass Pennsylvania LLC
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