502 S 4th Street, Philadelphia, PA 19147Asking Price of: $899,000

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Primary property photo for 502 S 4th Street

View full listing details at http://www.homesale.com/lid=186248780

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 Details

Address: 502 S 4th Street, Philadelphia, PA 19147
Bedrooms: 0
Size: 3,424 square feet
Type: Dwelling with Rental,Unit/Flat,Bi-level
Subdivision: SOCIETY HILL
Area: PHILADELPHIA
School District: THE SCHOOL DISTRICT OF PHILADELPHIA
MLS ID: PAPH2612706
Status: ACTIVE UNDER CONTRACT

Property School Information

Elementary School: GENERAL GEORGE A. MCCALL
School District: THE SCHOOL DISTRICT OF PHILADELPHIA

Property Features

Taxes: $11,786
Basement: Yes
Roof Type: Rubber,Flat
Exterior: Brick
Parking Notes: Public
Special View Info: City,Street
Lot Size: 0.02 Acres
Lot Dimensions: 0.02 Acre(S)
Heating: Hot Water
Fuel Type: Natural Gas
Cooling: Ceiling Fan(s),Window Unit(s)
Year Built: 1920
Water: Public
Sewer: Public Sewer
Units: 4
Studio Efficiency Units: 1
One Bedroom Units: 2
Municipality: PHILADELPHIA
Additional Structures: Above Grade,Below Grade
Location Description: Corner Lot/Unit
Lot Description: Corner
Structure Type: Other
Appliances: Built-In Microwave,Dryer - Gas,Exhaust Fan,Oven - Self Cleaning,Oven/Range - Gas,Refrigerator,Stainless Steel Appliances,Washer,Stove,Water Heater
Basement: Full,Interior Access,Poured Concrete
Exterior: Exterior Lighting,Sidewalks,Street Lights
Interior: Built-Ins
Flooring: Hardwood,Carpet,Ceramic Tile
Utilities: Cable TV

Property information as of Wednesday, May 13, 2026 at 4:19 PM America/New_York

Listed By

Agency Name: Compass Pennsylvania, LLC
Agency Phone: 6108223356

Shown By

Agency Title: Berkshire Hathaway HomeServices Homesale Realty
Agency Phone: +18003833535

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