Under contract
ACTIVE UNDER CONTRACT
3407 Wallace St
Philadelphia PA, 19104
$1,185,000
Under contract
ACTIVE UNDER CONTRACT
Commercial
Built in 2013
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.
PAPH2430580
MLSⓇ ID
December 27, 2024
Listed
February 28, 2025
Updated
Interior Features
Appliances
Electric Water Heater
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Electric
Exterior/Building Features
Lot Size
0.06 Acres
Sewer
Public Sewer
Other Property Details
Area Name
PHILADELPHIA
Taxes
$4,993
Tax Frequency
Annually
Days on Market
35
Garage
No
View
No
County
PHILADELPHIA
Water Source
Public
Listing History
Date | Event | Price |
|---|---|---|
1/30/2025 | Under contract | — |
Listed by KW Empower
Listing Contact: 2157837779
The IDX display contains information sourced from the Bright MLS, Inc. as of 2/28/2025. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
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Data last updated on 2/28/2025 at 8:15 PM UTC
