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Map
$1,183,493*
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Multifamily -
Off Market
2001 WALLACE STREET
PHILADELPHIA, PA 19130
Studio
0 Bath
3556 Sqft
$896,000 - $1,094,000
Reference Base Price*
18.94%
Since Jun 1, 2021
National-US
Primary Model
About This Property
In one of the most sought-after neighborhoods in Philadelphia, just
steps from the bustling Fairmount Ave corridor, is an incredible
opportunity for an owner or investor. 2001 Wallace Street is
a fabulous corner triplex on a 20x80 lot that goes street to street
from Wallace to North with an attached 2 car-garage. The
current owners have done major renovations to the interior and
exterior over the last several years. Unit 1: Enter
this extra-large 2 bed/1 bath unit through a private entrance on
20th St. Features include hardwood floors in the
living/dining room area along with a wall of windows and a wood
burning fireplace. The kitchen has a large island with plenty
of countertop space. Built-in bookshelves and a pantry
separate the kitchen from the dining area (currently used as an
office). Recessed lighting and large coat closet are also
located in this area. From the living room, step down to two
spacious bedrooms with 11-foot ceilings. The back bedroom has
a double closet, ceiling fan and two South facing windows for
abundant natural light. The front bedroom also has a double
closet and a large window. The hall bathroom has a full-size
washer and dryer, a single modern vanity and a large window.
A full closet is also located in the hallway for extra
storage. The second and third floor units use the front
entrance on Wallace St. In 2018, Unit 2 underwent a full
renovation including the addition of luxury vinyl flooring, premium
carpet, a new kitchen, new paint, a new bathroom, and a new washing
machine. This unit has a fantastic and bright living/dining
room area with three large windows. A convenient washer,
dryer and HVAC closet are located off the living area. A
bonus room (could serve as an office or breakfast area) with double
wide windows has a pass-through to the renovated galley kitchen.
The kitchen features dark cabinetry, subway tile backsplash
and stainless-steel dishwasher, stove, refrigerator, and a garbage
disposal. A few steps up from the living room you will find
the bedroom area with a recently renovated bathroom (2019) with
full size white vanity and stand in stall shower with subway tile.
The front bedroom is extra spacious and features a large
walk-in closet and two South facing windows. The second
bedroom has two windows and a single closet. Unit 3 is sunny
and bright and features two bedrooms and one full bath along with
new luxury vinyl flooring and premium carpet throughout (2020).
Three East facing windows are located in the living room
along with a convenient coat closet and a full pantry with private
washer and dryer. The renovated kitchen has dark cabinetry
and stainless-steel dishwasher, stove, refrigerator, and garbage
disposal. This unit is topped off with a sunny Northeast
facing balcony. Your tenants can relax and unwind or do some
container gardening here. Up the stairs to the bedroom area.
The front bedroom easily fits a king size bed and has two
large windows facing South with fabulous Center City skyline views.
The hallway has two closets and storage shelving. The
back bedroom fits a queen size bed and has a double closet.
The bathroom has a window, an extra-large vanity for storage
and a tiled shower stall. The triplex underwent a masonry
renovation in 2019 for the entire side and rear. Details are
available upon request. This property has an excellent long
term rental history, and the two-car garage offers a great
opportunity for additional monthly income. 2001 Wallace
Street is just one block to all the restaurants and shops along
Fairmount Ave, and is a short distance to The Parkway, Whole Foods,
and neighborhood green spaces including Roberto Clemente Park.
The manager has listed the unit size as 3556 square feet.
The manager has listed the unit size as 3556 square feet.
Unit Size
3,556Ft²
Days on Market
-
Land Size
0.04 acres
Price per sqft
$280
Property Type
Multifamily
Property Taxes
$8,092
HOA Dues
-
Year Built
1920
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Oct 18, 2021 | Sold to Alyssa Miller, Josh Miller | $970,000 | |
Sold to Alyssa Miller, Josh Miller | |||
May 27, 2021 | No longer available | - | |
No longer available | |||
Apr 26, 2021 | Listed | $995,000 | |
Listed |
Property Highlights
Fireplace
Air Conditioning
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
04/26/2021
|
|
Studio
|
-
|
3556 ft²
|
$995,000
Studio
-
3556 ft²
|
$970,000
-2.51%
10/18/2021
|
Eric Fox
|