Patterson-Schwartz Real Estate502 S 4Th Street, Philadelphia, PA 19147-1507 $1,250,000
Interior Sq. Ft: 3,424
Acreage: 0.02
Age:104 years
Taxes: $11,786
Subdivision: Society Hill
Design/Type:
End of Row/Townhouse
Description
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!
Home Assoc: No
Condo Assoc: No
Buyer Agency Comp*: 2.5 % Of Gross
Basement: Y
Pool: No Pool
Elem. School: Mc Call Gen George
Features
Utilities
Hot Water Heating, Natural Gas, Ceiling Fan(s), Window Unit(s) Cooling, Electric, Hot Water - Natural Gas, Public Water, Public Sewer, Cable TV
Garage/Parking
On Street, Public Parking
Interior
Built-Ins, Full Basement, Interior Access Basement, Poured Concrete , Carpet Flooring, Ceramic Tile Flooring, Hardwood Flooring, Brick Walls, Dry Wall
Exterior
Block Foundation, Flat Roof, Rubber Roof, Brick Exterior, Exterior Lighting, Sidewalks, Street Lights
Lot
Corner Lot, Corner Lot/Unit, City View, Street View
Select a school from the following list. Schools are grouped by school type.
The schools on this list are selected by their proximity of up to 5 miles to the property address.
Proximity does not guarantee enrollment eligibility. Please contact the school directly for more information on enrollment requirements.
* If there are more than 5 schools of any type within a close proximity, click on the button to see additional schools of that type near the search address.
Public Elementary (109 schools)
Public Middle (21 schools)
Public High (57 schools)
Private (75 schools)
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This report is a detailed community overview for Philadelphia (19147), Pennsylvania.
Community Quick Facts
- Average travel time to work for people in this community: 30
- Average salary of people in this community: $73,640
Community Summary
- Population Density (ppl / mile): 23,999
- Household Size (ppl): 2.20
- Households w/ Children: 35%
Housing Inventory
- Owned: 9,584 (48.7%)
- Rented: 7,806 (39.6%)
- Vacant: 2,305 (11.7%)
- Total: 19,695
Population Demographics
The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.
Climate and Weather
The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.
Temperature
Education
Highest Level of Education Attained
- Less than 9th Grade: 4.4%
- Some High School: 5.2%
- High School Graduate: 15.3%
- Some College: 9.8%
- Associate Degree: 3.7%
- Bachelor's Degree: 31.7%
- Graduate Degree: 30.0%
Income by dollar range
Median Income: $81,519
Fair Market Rents
The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).
- Studio: $943
- One Bedroom: $1,172
- Two Bedroom: $1,625
- Three Bedroom: $1,893
- Four Bedroom: $1,219
© 2024 LiveBy. All Rights Reserved.
Contact Information
Schedule an Appointment to See this Home
Request more information
or call me now at 302-234-6086
Listing Courtesy of: Compass Pennsylvania, LLC , (610) 822-3356, marianne.dillon@compass.com
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Patterson-Schwartz Real Estate participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information Deemed Reliable But Not Guaranteed.
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Listing data as of 7/05/2024.
