For Sale

502 S 4TH ST

502 S 4TH STREET, PHILADELPHIA, PA 19147

$1,299,000
Investor Alert/ or Great Owner Occupied Investment!! 4 Unit Corner Apt building (over 3,400 sf.) in prime Society Hill location. Opportunity to live in the spacious Owners unit (Unit 4) and use the 3 rented apts. to pay your mortgage for instant equity. Unit 4 makes an ideal owners unit occupying the top two floors of the building- it is a large 3 bedroom/2.5 bath corner living space with lots of windows and roof access for fabulous city views a potential for roof deck. Currently rented for $2200/mo. Unit 1 is a studio, unit 2 is a 1 bedroom/ 1.5 bath bi level, unit 3 is a 1 bedroom. Units 1-3 have wood flooring. All Tenants pay own electric and gas. Utilities separated with 4 gas furnaces and 4 newer gas hot water heaters ( 2018. 2019, 2021, 2021). Landlord pays cold water. Low vacancy and easy to rent with long term tenants and opportunity to increase rent. Coin op washer and dryer in basement provides additional income. Most desirable location convenient to hospitals, restaurants, shops, with easy access to NJ plus McCall Elementary catchment. Rents are under market.

3,424 Sq.Ft. LIVING AREA

780 Sq.Ft. lot

Stephanie MacDonald, Esq.

Stephanie MacDonald, Esq.

TITLE

Team Leader

Features & Amenities

Interior

  • Flooring Hardwood, Carpet, Ceramic Tile
  • other interior Features Built-Ins

Area & Lot

  • Status For Sale
  • Living Area3,424 Sq.Ft.
  • Lot Area780 Sq.Ft.
  • MLS IDPAPH1006198
  • TypeMULTI_FAMILY
  • YEAR BUILT1920
  • Architecture StylesDwelling with Rental, Unit/Flat, Bi-level
  • Water FrontageN
  • View DescriptionCity, Street
  • Elementary SchoolMC CALL GEN GEORGE
  • Middle SchoolMC CALL GEN GEORGE
  • School DistrictTHE SCHOOL DISTRICT OF PHILADELPHIA

Exterior

  • STORIES4
  • water SourcePublic
  • utilitiesCable
  • roofRubber, Flat
  • lot featuresCorner
  • parkingPublic
  • HEAT TYPEHot Water
  • AIR CONDITIONINGCeiling Fan(s), Window Unit(s)
  • sewerPublic Sewer
  • SubstructureMasonry, Brick
  • other exterior FeaturesExterior Lighting, Sidewalks, Street Lights

Financial

  • Sales Price$1,299,000
  • Real Estate Tax $12,871
  • Zoning RM1

Work With Us

Stephanie believes that a home is one of the most important and often the biggest investments you make. Whether you’re buying or selling a home on the Main Line, in Center City, or in Southern New Jersey, you can rely on Stephanie’s successful track record and proven expertise.

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