Address
1637 Wakeling Street, Philadelphia, PA
Price
$ 235,000
Property Attributes
- MLS#PAPH2353576
- TypeMulti-Family
- CountyPHILADELPHIA
- CityPhiladelphia
- Area19124
- NeighborhoodFrankford
- Zip19124
- Style
- Year Built1897
- Taxes$ 3204
- Price$ 235,000
- Bedrooms3
- Full Bathrooms0
- Half Bathrooms0
- Lot Size0.04 Acres
Data Source:
Bright MLS
Property Description
Step into the welcoming embrace of the Frankford neighborhood, where a remarkable multi-family property awaits both investors and residents alike. This vacant gem not only promises an exceptional investment opportunity but also a comfortable abode in a bustling community. As you enter you are welcomed by a cozy foyer that is accented with all the original wood work from when the house was originally built and has been kept in great shape. Unit one presents a snug 1 bed 1 bath apartment with a well-appointed kitchen, catering perfectly to individuals seeking cozy living. The basement is also accessible through the 1st floor which can be used for extra storage and even offers a washer and dryer. The 1st floor is complete with the added perk of a fenced-in yard for outdoor leisure and gardening enthusiasts. Meanwhile, unit two offers a generous 2 Bed 1 Bath layout that offers a ton a space and natural light. This home can be the perfect opportunity for an investor looking to add to their rental portfolio or for someone who is looking to lower their living expenses by living in one unit and renting the other unit out. This property is in pristine condition and can be occupied right away getting a return on investment instantly. With an impressive Walk Score of 83, many daily tasks can be easily accomplished without relying on a car. The Transit Score stands at 88, indicating excellent transit options that make getting around convenient for most journeys. Nearby dining options include New China, Lo Chinese Restaurant, Philly Pretzel Factory, and more, ensuring a variety of culinary experiences within reach. Families will appreciate the proximity to schools like School of Faith in God, Mastery Cc Smedley Campus, and Frankford High School. Grocery shopping is convenient with options such as Sugar & Spice, Clarica Mini Market, and F & C Food Market nearby. For commuters, the property is just six minutes away from the MFL Frankford TC to 69th St TC at the Frankford Transportation Center - MFL stop. Outdoor enthusiasts can enjoy nearby parks like White Hall Commons, Frankford Stadium, and Wissinoming Park. Property qualifies for CRA program for a conventional loan with 3% down payment and no mortgage insurance. This Property Qualifies for a 10K Grant as it is in the Majority-Minority Census Grant offered by Prosperity Home Mortgage. Can be used for Closing Costs, Buy Rate Down, etc 100% Forgivable to All Buyers- Not just First Time, reach out for more information. Nearby, an array of local businesses beckon, from charming cafes to enticing eateries, ensuring convenience at every turn. Commuting is hassle-free, thanks to accessible public transportation options that link you effortlessly to the vibrant attractions of Center City Philadelphia. For healthcare professionals, the proximity to Jefferson Frankford Hospital adds an extra layer of convenience, making it an attractive option for potential renters, such as travel nurses. With endless possibilities for both investment and residency, seize the opportunity to transform this vacant multi-family property into your own haven. Reach out to us today for more details or to arrange a viewing and be part of the excitement in this thriving Philadelphia neighborhood!
| Price History | |
|---|---|
| 5/13/2024 | Listed $235,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Radiant |
| Cooling | Central A/C |
| Utilities | Electric Available,Natural Gas Available,Cable TV Available |
| Possession | Immediate |
| Exterior Features | Street Lights,Sidewalks |
| Zoning | RSA3 |
| Patio/Porch Features | Porch(es) |
| Architectural Style | Other |
| Construction Materials | Masonry |
| School District | THE SCHOOL DISTRICT OF PHILADELPHIA |
| Year Built | 1897 |
| Property SubType | Duplex |
| Tax Year | 2022 |
| Percent Ownership | Fee Simple |
| Cool Fuel | Natural Gas |
| Accessibility | None |
| County | PHILADELPHIA |
| New Construction | No |
| Property Type | Multi-Family |
| Subdivision Name | FRANKFORD |
| Garage Y/N | No |
| Water Access Y/N | No |
| Other Structures | Above Grade,Below Grade |
| Transportation | Airport less than 10 miles,Bus Stop less than 1 mile,Commuter Rail Station less than 1 mile |
| Status | ACTIVE |
| Directions | Coming from the west side of Frankford Ave go straight,and turn right to Wakeling St. The property will be on the left. Corner property between Wakeling St and Darrah St. |
| ModificationTimestamp | 2024-06-06T16:20:15 |
| City | PHILADELPHIA |
| Buyer Agent Compensation | 2.5 |
| NumberOfUnitsTotal | 2 |
| MLS Area | 19124 (19124) |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 1954.00 |
| Tax Assessed Value | 228900.0 |
| Waterfront Y/N | No |
| Tax Annual Amount | 3204.0 |
| Home Warranty Y/N | No |
| Two Bedroom | 1 |
| Structure Type | Twin/Semi-Detached |
| One Bedroom Units Count | 1 |
| Other Units | Unit 1,Unit 2 |
| Price Per Sq Ft Total AG | 124.21 |
| Acceptable Financing | Cash,Conventional,FHA,VA |
| Historic Y/N | No |
| Vacation Rental Y/N | No |
| Virtual Tour | https://view.ricoh360.com/1f782a21-01bb-49bc-a069-0e2d31566eb5 |
| Total SQFT | 1892 |
| Days on Market | 20 |
| Standard Status | Active |
| Year Built Source | Estimated |
| Tax Lot | 118 |
| Buyer Agent Compensation Type | % Of Gross |
| Association Recreation Fee | No |
Interior Features
| Heating Fuel | Natural Gas,Other |
|---|---|
| Basement | Full,Unfinished |
| Flooring | Wood,Ceramic Tile |
| Hot Water | Natural Gas |
| Basement (Y/N) | Yes |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Central Air Y/N | Yes |
| LivingAreaSource | Estimated |
Exterior Features
| Pool | No Pool |
|---|---|
| Water Source | Public |
| Type of Parking | On Street |
| Land Use Code | W30 |
| Foundation Details | Brick/Mortar |
| Spa | No |
| Water View Y/N | No |
| Lot Size Acres | 0.04 |
| Lot Size Source | Estimated |
| Land Assessed Value | 45780.00 |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 19124
Price
Taxes
Visits
Year Built
Copyright © 2024, Metropolitan Regional Information Systems, Inc. All rights reserved. Information deemed reliable but is not guaranteed. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of MRIS. Information provided is for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Knot6 Real Estate Services, LLC does not display
© BRIGHT, All Rights Reserved
