3407 WALLACE ST Sold Save Request In-Person Tour Request Virtual Tour
Philadelphia,PA 19104
Key Details
Sold Price $995,000
Property Type Multi-Family
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 5,082 sqft
Price per Sqft $195
Subdivision Mantua
MLS Listing ID PAPH2430570
Style Straight Thru
Year Built 2013
Annual Tax Amount $4,993
Tax Year 2025
Lot Size 2,662 Sqft
Property Sub-Type Other
Property Description
Amazing investment opportunity. This modern, fully occupied 5-unit, 15-bedroom 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.
Location
State PA
County Philadelphia
Area 19104 (19104)
Zoning RSA5
Interior
Hot Water Electric
Heating Heat Pump(s)
Cooling Central A/C
Exterior
Water Access N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Special Listing Condition Standard