SQUARE FEET3,424
MLS#PAPH2612706
STATUSACTIVE UNDER CONTRACT
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONSOCIETY HILL
SCHOOLTHE SCHOOL DISTRICT OF PHILADELPHIA
Property Description
Great opportunity to own a 4 Unit Corner building (over 3,400 sf.) in prime Society Hill location. Corner spacious studio flooded with light rented for $1,100; Bilevel unit 1 bed/ 1.5 baths recently vacant was rented for $1325; second floor 1 bed/ 1 bath rented for $1,300. Rents are below market. Unit 4 needs to be completely rebuilt offering flexible layout and huge potential for value add investors or developers. It is almost 1700 sf of space and would make an ideal owners unit occupying the top two floors of the building- plans available to make a 3 bedrooms/2.5 bath bright corner unit with windows on two sides, laundry, in unit, spacious open kitchen, plus roof access for fabulous city views and potential for a roof deck. - All UTILITIES SEPARATED - Tenants pay own electric and gas. 4 gas furnaces and 4 newer gas hot water heaters (2018, 2019, 2021, 2021) plus one for laundry. Landlord pays only cold water and common electric. Low vacancy and always easy to rent in this Premier location. Coin op washer and dryer in basement provides additional $1,000 yearly income. Convenient to hospitals, restaurants, shops, with easy access to NJ, plus McCall Elementary catchment. Taxes and square footage are buyers responsibility to verify.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full, Interior Access, Poured Concrete
Cooling: Ceiling Fan(s), Window Unit(s)
Fuel Type: Natural Gas
Heating: Hot Water
Home Style: Dwelling with Rental, Unit/Flat, Bi-level
Lot Size: 0.02 Acres
Roof Type: Rubber, Flat
Taxes: $11,786
Year Built: 1920
Feature Descriptions
Additional Structures: Above Grade, Below Grade
Appliances: Built-In Microwave, Dryer - Gas, Exhaust Fan, Oven - Self Cleaning, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer, Stove, Water Heater
Exterior: Brick
Exterior: Exterior Lighting, Sidewalks, Street Lights
Flooring: Hardwood, Carpet, Ceramic Tile
Interior: Built-Ins
Location: Corner Lot/Unit
Lot: Corner
Lot Dimensions: 0.02 Acre(S)
Municipality: PHILADELPHIA
One Bedroom Units: 2
Parking Notes: Public
Sewer: Public Sewer
Special View Info: City, Street
Structure Type: Other
Studio Efficiency Units: 1
Units: 4
Utilities: Cable TV
Water: Public
Local Schools
Elementary School: GENERAL GEORGE A. MCCALL
School District: THE SCHOOL DISTRICT OF PHILADELPHIA
Listed By / Shown By
Listed By
Agency Name: Compass Pennsylvania, LLC
Agency Phone: 6108223356
Shown By
Agency Title: Berkshire Hathaway HomeServices Homesale Realty
Agency Phone: +18003833535
First AmericanEstimate Your Payment
Estimated Payment
$ 3,245.16 per month $2,000.78 Principal & Interest $982.17 Property Tax $262.21 Homeowner's Insurance
502 S 4th Street | MLS# PAPH2612706
This multi-family property located at 502 S 4th Street, Philadelphia, PA 19147 is currently listed for sale with an asking price of $899,000. S 4th Street is located within the THE SCHOOL DISTRICT OF PHILADELPHIA school district. Search Philadelphia real estate on www.homesale.com today.