Philadelphia, PA 19104,3817 WALLACE ST
Philadelphia, PA 19104,3817 WALLACE ST
Philadelphia, PA 19104,3817 WALLACE ST
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Andrea Balkiewicz

Andrea Balkiewicz

+1(484) 368-1103
Listed by Gazi Ataseven • HomeSmart Realty Advisors
$875,000
Est. payment /mo
4,000 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,000 sqft

Price per Sqft $218

MLS Listing ID PAPH2563224

Style Contemporary

Abv Grd Liv Area 4,000

Year Built 2020

Available Date 2025-12-01

Annual Tax Amount $1,505

Tax Year 2025

Lot Size 1,440 Sqft

Acres 0.03

Lot Dimensions 15.00 x 96.00

Property Sub-Type Quadruplex

Source BRIGHT

Property Description

WELCOME TO 3817 WALLACE STREET — A MODERN, INCOME-PRODUCING 3-YEAR-OLD NEW CONSTRUCTION QUADRUPLEX LOCATED IN THE HIGHLY DESIRABLE UNIVERSITY CITY AREA. THIS TURNKEY MULTI-FAMILY PROPERTY OFFERS OUTSTANDING STABILITY WITH TWO UNITS ALREADY RENTED AND A THIRD UNIT CURRENTLY IN THE LEASING PROCESS, PROVIDING STRONG AND IMMEDIATE CASH FLOW.

THE BUILDING FEATURES A WELL-BALANCED UNIT MIX: UNITS 1 & 2 OFFER 2 BEDROOMS AND 2 BATHROOMS EACH, WHILE UNITS 3 & 4 OFFER 3 BEDROOMS AND 2 BATHROOMS EACH. UNIT 4 ALSO INCLUDES PRIVATE ROOFTOP ACCESS, A HIGHLY DESIRABLE FEATURE THAT CAN COMMAND PREMIUM RENTS.
DESIGNED WITH CONTEMPORARY FINISHES, OPEN LAYOUTS, AND ENERGY-EFFICIENT SYSTEMS, THIS PROPERTY PROVIDES LOW-MAINTENANCE OWNERSHIP AND LONG-TERM DURABILITY. ITS PRIME LOCATION JUST MINUTES FROM UPENN, DREXEL UNIVERSITY, PENN PRESBYTERIAN HOSPITAL, PUBLIC TRANSPORTATION, AND MAJOR EMPLOYMENT CENTERS ENSURES CONSISTENT YEAR-ROUND RENTAL DEMAND.
INVESTORS WILL APPRECIATE THE 5 YEARS REMAINING ON THE 10-YEAR TAX ABATEMENT, SIGNIFICANTLY INCREASING OVERALL RETURNS. LOCATED IN A RAPIDLY GROWING AND APPRECIATING POCKET OF UNIVERSITY CITY, 3817 WALLACE STREET IS A STRONG, HIGH-YIELD, AND FUTURE-PROOF INVESTMENT OPPORTUNITY.

Location

State PA

County Philadelphia

Area 19104 (19104)

Zoning RSA5

Rooms

Basement Fully Finished

Interior

Hot Water 60+ Gallon Tank

Cooling Central A/C

Fireplace N

Heat Source Electric

Exterior

Water Access N

Accessibility None

Garage N

Building

Above Ground Finished SqFt 4000

Sewer Public Sewer

Water Public

Architectural Style Contemporary

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 242100600

Ownership Fee Simple

SqFt Source 4000

Special Listing Condition Standard

Read Less Info
Bright MLS (BMLS)

Nearby School & Business

SCHOOLS PROPERTIES
Elementary Schools 20
  • 10

    Penn Alexander School

    Public | KG - 8

  • 9

    Gamp

    Public | 5 - 12

  • 9

    Masterman Julia R Secondary School

    Public | 5 - 12

  • 7

    Christopher Columbus Charter School

    Public | KG - 8

  • 7

    Folk Arts-Cultural Treasures Charter School

    Public | KG - 8

  • 7

    General George A. McCall School

    Public | KG - 8

  • 6

    Albert M. Greenfield School

    Public | KG - 8

  • 6

    Independence Charter School

    Public | KG - 8

  • 5

    Russell Byers Charter School

    Public | PK - 6

  • 5

    Alliance for Progress Charter School

    Public | KG - 8

  • 5

    Eliza Butler Kirkbride School

    Public | KG - 8

  • 4

    Andrew Hamilton School

    Public | KG - 8

  • 4

    Mastery Charter School Mann Elementary

    Public | KG - 6

  • 4

    Discovery Charter School

    Public | KG - 8

  • 4

    Martha Washington Elementary Academics

    Public | KG - 8

  • 4

    Robert Morris School

    Public | KG - 8

  • 4

    Chester A. Arthur School

    Public | KG - 8

  • 4

    Bache-Martin Elementary School

    Public | PK - 8

  • 4

    Andrew Jackson School

    Public | PK - 8

  • 4

    Math Civics and Sciences Charter School

    Public | 1 - 12

Middle Schools 8
  • 4

    Boys Latin of Philadelphia Charter School

    Public | 6 - 12

  • 4

    Mastery Charter School -Shoemaker Campus

    Public | 7 - 12

  • 2

    The Sd of Philadelphia Virtual Academy

    Public | 6 - 12

  • 1

    Dimner Beeber Middle School

    Public | 6 - 8

  • 1

    World Communications Charter School

    Public | 6 - 12

  • 0

    Kohelet Yeshiva High School

    Private | 8 - 12

  • 0

    Wordsworth Academy

    Private | 6 - 12

  • 0

    Student Education Center & Delaware Valley High School

    Private | 8 - 12

High Schools 20
  • 8

    Science Leadership Academy

    Public | 9 - 12

  • 8

    Academy at Palumbo

    Public | 9 - 12

  • 7

    Carver High School

    Public | 9 - 12

  • 5

    Preparatory Charter School of Mathematics Science

    Public | 9 - 12

  • 5

    Creative and Performing Arts

    Public | 9 - 12

  • 5

    Philadelphia Electrical & Tech Chs

    Public | 9 - 12

  • 5

    Parkway-Center City

    Public | 9 - 12

  • 5

    Philadelphia Military Academy at Elverson

    Public | 9 - 12

  • 4

    Motivation High School

    Public | 9 - 12

  • 4

    Parkway West

    Public | 9 - 12

  • 4

    Paul Robeson High School for Human Services

    Public | 9 - 12

  • 4

    Franklin Lc

    Public | 9 - 12

  • 2

    Randolph A. Philip Avt High School

    Public | 9 - 12

  • 1

    William L. Sayre High School

    Public | 9 - 12

  • 1

    Overbrook High School

    Public | 9 - 12

  • 1

    John Bartram High School

    Public | 9 - 12

  • 1

    West Philadelphia High School

    Public | 9 - 12

  • 1

    The Workshop School

    Public | 9 - 12

  • 1

    School of the Future

    Public | 9 - 12

  • 1

    Universal Audenried Charter High School

    Public | 9 - 12

School and business data provided by Attom Data.

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Andrea Balkiewicz

Andrea Balkiewicz

+1(484) 368-1103

REALTOR® | License ID: RS313316

REALTOR® License ID: RS313316

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