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    502 S 4TH Street

    PHILADELPHIA, PA 19147
    • $1,399,000
    • STATUS: Active
    • ON SITE: 28 days
    • ID#: PAPH1006198
    UPDATED: 28 min ago
    $1,399,000
    • 0
      BEDS
    • 0.02
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,424
      SQFT
    • $409
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1920
    County:

    School Information

    Elementary School:
    Middle School:

    Description

    Investor Alert/ or Great Owner Occupied Investment!! 4 Unit Corner Apt building (over 3,400 sf.) in prime Society Hill location. Opportunity to live in the spacious Owners unit (Unit 4) and use the 3 rented apts. to pay your mortgage for instant equity. Unit 4 makes an ideal owners unit occupying the top two floors of the building- it is a large 3 bedroom/2.5 bath corner living space with lots of windows and roof access for fabulous city views. Previously rented for $2250/mo. All Tenants pay own electric and gas. Utilities separated with 4 gas furnaces and 4 newer gas hot water heaters ( 2018. 2019, 2021, 2021). Landlord pays cold water. Low vacancy and easy to rent with long term tenants. Coin op washer and dryer in basement provides additional income. Most desirable location convenient to hospitals, restaurants, shops, with easy access to NJ. Rents are under market.

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    ©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or LoCoMusings | Century 21 Redwood Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-05-12T12:54:31.57.
    www.locomusings.com/homes/116082459
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    502 S 4TH Street PHILADELPHIA, PA 19147

    • Price: $1,399,000
    • Status: Active
    • Updated: 28 min ago
    • ID#: PAPH1006198
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.02
    Acres
    3,424
    SQFT
    $409
    $/SQFT
    1920
    Built
    Neighborhood:
    19147 (19147)
    County:
    Philadelphia
    Area:
    19147 (19147)
    Elementary School:
    Mc Call Gen George
    Middle School:
    Mc Call Gen George
    School District:
    The School District Of Philadelphia
    Property Description
    Investor Alert/ or Great Owner Occupied Investment!! 4 Unit Corner Apt building (over 3,400 sf.) in prime Society Hill location. Opportunity to live in the spacious Owners unit (Unit 4) and use the 3 rented apts. to pay your mortgage for instant equity. Unit 4 makes an ideal owners unit occupying the top two floors of the building- it is a large 3 bedroom/2.5 bath corner living space with lots of windows and roof access for fabulous city views. Previously rented for $2250/mo. All Tenants pay own electric and gas. Utilities separated with 4 gas furnaces and 4 newer gas hot water heaters ( 2018. 2019, 2021, 2021). Landlord pays cold water. Low vacancy and easy to rent with long term tenants. Coin op washer and dryer in basement provides additional income. Most desirable location convenient to hospitals, restaurants, shops, with easy access to NJ. Rents are under market.
    Exterior Features

    Architectural Style Dwelling With RentalUnit/FlatBi-Level Construction Materials MasonryBrick Exterior Features Exterior LightingSidewalksStreet Lights Garage YN No Location Type Corner Lot/Unit Lot Features Corner Other Structures Above GradeBelow Grade Parking Features Public Parking Types On Street Pool No Pool Property Condition Very Good Riparian Rights YN No Roof RubberFlat View CityStreet Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

    Interior Features

    Above Grade Fin SQFT 3424 Basement FullInterior AccessPoured Concrete Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Ceiling Fan(S)Window Unit(S) Exclusions Ac Units- Tenants Provide Fireplace YN No Fireplaces Total 0 Flooring HardwoodCarpetCeramic Tile Heating Hot Water Heating YN Yes Inclusions All AppliancesCoin Op Washer And Dryer Interior Features Built-Ins Single Room Units 1 Three Bedroom Units 1 Two Bedroom Units 0 Walls Ceilings BrickDry Wall

    Property Features

    Accessibility Features None Assessment Year 2021 Association YN No Central Air YN No Cooling Fuel Electric Cross Street Lombard Electric Average Monthly 25 Electric Last12 Months 300.00 Foundation Details Block Gross Income 65400.00 Heating Fuel Natural Gas Hot Water Natural Gas Incorporated City Name Philadelphia Insurance Expense 3200.00 Navigable Water YN N Net Operating Income 57719.00 New Construction YN No Number Of Units Leased 4 Number Of Units Total 4 Number Of Units Vacant 0 Operating Expense 3981.00 Operating Expense Includes Trash Original MLSNumber 304556754381 Owner Pays Common Area MaintenanceHeater Maintenance ContractInsurancePest ControlRepairsSewerTrash CollectionWater Ownership Interest Fee Simple Possession Negotiable Property Sub Type Quadruplex Rent Control YN No Sale Type Standard Sewer Public Sewer Structure Design Type End Of Row/Townhouse Tax Annual Amount 12871.00 Tax Assessment Amount 919500.00 Tax Lot 331 Total Actual Rent 64200.00 Transportation Bus Stop Less Than 1 MileCommuter Rail Station Less Than 1 Mile Trash Expense 500.00 Utilities Cable Tv Vacation Rental YN No Water Average Monthly 203 Water Last12 Months 2433.00 Water Source Public Year Built Effective 2005 Zoning Rm1

    Listing courtesy of Compass Re.


    ©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or LoCoMusings | Century 21 Redwood Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-05-12T12:54:31.57.
     
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