$1,250,000
Active
11 Days Online
0 Beds0 Baths3,424 SQFT
Active

502 S 4th Street Philadelphia, PA 19147

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INVESTOR / OWNER OCCUPIED ALERT!! Great opportunity to live in a 4 Unit Corner Apt building (over 3, 400 sf.) in prime Society Hill location. Use 3 rented apts. to pay your mortgage for instant equity or rent all 4 and start making $54, 000 in NET income now! Rents are below market so raise the rents and make more $. Unit 4 is 1700 sf and makes an ideal owners unit occupying the top two floors of the building- 3 bedrooms/2.5 bath bright corner unit with windows on two sides, spacious kitchen with stainless dishwasher, new refrigerator, microwave and beamed ceiling plus roof access for fabulous city views and potential for a roof deck. Building is currently FULLY RENTED- Unit 4 is rented for $2, 300/mo. Unit 1 is a studio ($1, 150); Unit 2 is a 1 bedroom/1bath ($1, 250) with new stove; Unit 3 is a 1 bedroom/ 1.5 bath bi level ($1, 300) with new stove and microwave. 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, well maintained 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. Start making money NOW!

  • Property TypeMulti-Family
  • NeighborhoodSociety Hill
  • CountyPhiladelphia
  • Taxes$11,786
  • HOA/Condo/Coop Fees$0
  • Days on Site11 Days
  • MLS StatusActive
  • MLS ID NumberPAPH2352728
  • Home Size Source Assessor
  • Year Built1920
  • Lot Size0.02 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Style Dwelling with RentalUnit/ FlatBi-level
  • Construction Brick
  • Parking PublicOn Street
  • Sewer Public Sewer
  • Basement FullInterior AccessPoured Concrete
  • Number of Stories 4
  • Acreage 0.02
  • Water Public
  • Cross Street Lombard
  • Property Sub Type Quadruplex
  • Attached Garage No
  • Foundation Block
  • Zoning RM1

Interior Features

  • Cooling Ceiling Fan(s)Window Unit(s)Electric
  • Heating Hot WaterNatural Gas
  • Appliances Built- In MicrowaveDishwasherDryer - GasExhaust FanOven - Self CleaningOven/ Range - GasRefrigeratorStainless Steel AppliancesWasherStoveWater Heater
  • Flooring HardwoodCarpetCeramic Tile
  • Interior Built-Ins
  • Fireplace No

Exterior Features

  • Roof RubberFlat
  • View CityStreet
  • Spa No
  • Waterfront Property No
  • Exterior Exterior LightingSidewalksStreet Lights
  • Lot Corner

Community Features

  • MLS Area 19147 (19147)

Schools

School District
THE SCHOOL DISTRICT OF PHILADELPHIA
Elementary School
MC CALL GEN GEORGE
Middle School
Unknown
High School
Unknown

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Monthly Payment (Est.)

$6,666
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