Philadelphia, PA 19104,3407 WALLACE ST
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Philadelphia, PA 19104,3407 WALLACE ST
Philadelphia, PA 19104,3407 WALLACE ST
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$ 1,185,000
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Under Contract

3407 WALLACE ST Philadelphia, PA 19104

5,082 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Other

Listing Status Under Contract

Purchase Type For Sale

Square Footage 5,082 sqft

Price per Sqft $233

Subdivision Mantua

MLS Listing ID PAPH2430570

Style Straight Thru

Abv Grd Liv Area 5,082

Originating Board BRIGHT

Year Built 2013

Annual Tax Amount $4,993

Tax Year 2025

Lot Size 2,662 Sqft

Acres 0.06

Lot Dimensions 24.00 x 110.00

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

Fireplace N

Heat Source Electric

Exterior

Water Access N

Accessibility None

Garage N

Building

Sewer Public Sewer

Water Public

Architectural Style Straight Thru

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 881808641

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard


Bright MLS (BMLS)
Listed by Steven Onesti • KW Empower
agent

Hader Rivas, Sr

Broker Associate | License ID: 0345922

+1(609) 992-6872

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3407 WALLACE ST