502 South 4th Street
502 South 4th Street
$1,250,000
6
5
3,424
3,424
$365
Listed By Compass
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...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!
Property Details for 502 South 4th Street
Tax ID Number
051079600
OwnershipFee Simple
Structure TypeEnd of Row/Townhouse
StyleDwelling with Rental, Unit/Flat, Bi-level
WaterfrontNo
ViewsCity, Street
GarageNo
Expected On Market Date05-16-2024
Location
LISTING UPDATED: 05/18/2024 03:53 PM
Property Details for 502 South 4th Street
Status | Active |
---|---|
MLS # | PAPH2352728 |
Days on Market | 9 |
Taxes | $11,786 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family / Fee Simple |
Year Built | 1920 |
Lot Size | 0.02 AC / 780 SF |
County | Philadelphia County |
Location
Building Information for 502 South 4th Street
Stories-Residences4Year Built1920Building Size-Lot Size0.02 AC / 780 SF
Payment Calculator
$7,804 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 502 South 4th Street
Property History for 502 South 4th Street
Date | Event & Source | Price | Appreciation |
---|
Date | Event & Source | Price |
---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 502 South 4th Street
Taxable ValueLand$168,400Additions$673,600Total$842,000
Tax Record2023$11,786 ($982 / month)
Home Facts
Total Finished SqFt724 SqFtAbove Grade Finished SqFt724 SqFtStories4Lot Size780 SqFtStyleMulti-Family Res (5+ Units)Year Built1920ZoningRM1CountyPHILADELPHIAAPN05-1-0796-00
Schools near 502 South 4th 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 |
---|---|---|
McCall Gen George A School PublicK to 8 | ||
Franklin Benjamin High School Public9 to 12 | ||
Constitution High School Public9 to 12 | ||
Academy At Palumbo 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
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.