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3407 Wallace St
For Sale $1,185,000 ($233.18 per Sq Ft)
$1,185,000 ($233.18 per Sq Ft)
- 4 Units
- 5,082 Sq Ft
- 2,662 Sq Ft
- Unknown Cap Rate
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.
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $1,185,000 |
| Property Type | Other |
| Usable Sqft | 5,082 |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 2013 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 881808641 |
| MLS # | PAPH2430570 |
| Property ID | 293683369 |
| Lot Sqft | 2,662 |
| Zoning | RSA5 |
| Total Units | 4 |
| Days on Market | 22 |
| Original List Price | Unknown |
| Date Updated | January 08, 2025 |
| Date Created | December 26, 2024 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Steven Onesti an agent of . Lic #RS372317
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Data last updated: January 17, 2025.
Robert Crawford
REAL ESTATE AGENT