1113 Wallace Street

Philadelphia, PA 19123

$830,000
Price
6
Beds
5
Baths
2,877 Sq. Ft.
$288 / Sq. Ft.
2,877
Sq. Ft.
$288
per Sq. Ft.

Description

Investor Alert- This is a duplex property that is highly worth investing in, both units occupied currently. Total rent income is $56.4K, tenants pay all utilities. Unit 1, first floor no-level with basement and private backyard. 3 bedrooms 2 bathrooms with open kitchen and spacious living room. Stainless steel appliances and washer dryer in unit. Unit 2, second floor bi-level with third floor and great Skyview roof deck. 3bedrooms 3 bathrooms. Kitchen equipped with stainless steel appliances, tile...Investor Alert- This is a duplex property that is highly worth investing in, both units occupied currently. Total rent income is $56.4K, tenants pay all utilities. Unit 1, first floor no-level with basement and private backyard. 3 bedrooms 2 bathrooms with open kitchen and spacious living room. Stainless steel appliances and washer dryer in unit. Unit 2, second floor bi-level with third floor and great Skyview roof deck. 3bedrooms 3 bathrooms. Kitchen equipped with stainless steel appliances, tile back splash and granite countertop. Both units with great conditions. Property still under 10 year tax abatement.
  1. Listed by LIN LIN DONG • Realty Mark Associates - KCP
    P: 2158348897 realtorcelina@gmail.com

Property Details for 1113 Wallace Street

Tax ID Number
141295400
Ownership
Fee Simple
Structure Type
Interior Row/Townhouse
Style
Other
Waterfront
No
Garage
No
Subdivision
WEST POPLAR
Subdivision
WEST POPLAR (PHILADELPHIA PA)

Location

Listing Courtesy of Realty Mark Associates - KCP
Add your commute
LISTING UPDATED: 05/21/2024 11:28 AM

Property Details for 1113 Wallace Street

StatusActive
MLS #PAPH2349802
Days on Market23
Taxes$6,336 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built2017
Lot Size0.03 AC / 1,112 SF
CountyPhiladelphia County

Location

Listing Courtesy of Realty Mark Associates - KCP
Add your commute

Building Information for 1113 Wallace Street

Stories-Residences2Year Built2017Building Size-Lot Size0.03 AC / 1,112 SF

Payment Calculator

$5,058 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,530

Property Taxes

$528

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1113 Wallace Street

Location
Location
  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District County ID: 300200397108
  • SchoolDistrictSource: Listing Agent
  • County: PHILADELPHIA
  • MLS Area: 19123 (19123)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2023
  • Tax Assessed Value: $452,651
  • Year Assessed: 2023
  • Improvement Assessed Value: $277,711
  • City Town Tax: $2,859
  • Land Assessed Value: $174,940
  • Clean Green Assessed: No
  • Land Use Code: W50
  • Zoning: RSA5
  • Tax Lot: 282
  • School Tax: $3,476
  • Automatically Update Tax Values Y/N: Yes
  • TaxDataUpdatedYN: Yes
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 0
  • Three Bedroom Units Count: 2
  • Other Units: Unit 1,Unit 2
  • Units Leased Count: 2
Multi Family
Unit 1
  • Type: Unit 1
  • Unit Type Occupied YN: Yes
  • Beds Total: 3
  • Full Baths Count: 2
Unit 2
  • Type: Unit 2
  • Unit Type Occupied YN: Yes
  • Beds Total: 3
  • Full Baths Count: 3
Financial Information
Financial Information
  • Annual Rental Income: $564,000
  • Existing Lease Type: Long Term
Building Info
Building Info
  • Building Units Total: 2
  • Total Finished SQFT: 2,877.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 17.00 x 67.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 961851
Parking
Parking
  • Type Of Parking: None
Interior Features
Interior Features
  • Interior Features: Kitchen - Eat-In
  • Fireplace: No
  • Appliances: Refrigerator, Dishwasher, Oven/Range - Electric, Built-In Microwave, Disposal, Washer, Dryer
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Forced Air
  • Heating Fuel: Electric
  • Hot Water: Electric
  • Water Source: Public
  • Sewer Septic: Public Sewer

Property History for 1113 Wallace Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1113 Wallace Street

Taxable ValueLand-Additions-Total-
Tax Record2023$6,336 ($528 / month)
Home Facts
Total Finished SqFt2,877 SqFtAbove Grade Finished SqFt2,877 SqFtStories3Lot Size1,112 SqFtStyleMulti-Family Dwelling (2-4)Year Built2017ZoningRSA5CountyPHILADELPHIAAPN14-1-2954-00

Schools near 1113 Wallace Street

This home is within Philadelphia City School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Spring Garden School
PublicK to 8

Franklin Benjamin High School
Public9 to 12

Parkway-Center City
Public9 to 12

Franklin LC
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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1113 Wallace Street is a multi-family home for sale in Philadelphia, PA 19123. This property was listed for sale on May 2, 2024 by Realty Mark Associates - KCP, it's currently listed at $830,000. It has been on the market for a total of 23 days and was last sold on June 1, 2018. This listing's school district is Philadelphia City School District. Nearby schools include Spring Garden School, Franklin Benjamin High School and Parkway-Center City. 1113 Wallace Street is a 6-bed, 5-bath, 2,877 sqft multi-family home built in 2017.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Realty Mark Associates - KCP

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.