502 S 4th Street
Philadelphia,
PA
19147
Property Details
List Price: |
$1,250,000 |
Beds: |
-- |
Baths: |
-- |
Status: |
Active |
SqFt: |
3424 |
Agency: |
Compass |
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Description/Comments
Lot Size: |
-- |
Property Type: |
MultiFamily |
Year Built: |
1920 |
Notes: |
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! |
MlsNumber: |
PAPH2352728 |
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Listing Provided By: |
Compass, original listing |
Name: |
Compass |
Office Name: |
Compass Pennsylvania, LLC |
Office Phone: |
(610) 822-3356 |
Agent Name: |
Stephanie MacDonald |
Disclaimer: |
Copyright © 2024 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. |