502 S 4TH STREET
Sold

502 S 4TH STREET

502 S 4TH STREET, PHILADELPHIA, PA 19147

$765,000
Great opportunity to own a 4 Unit Corner building (over 3,400 sf.) in prime Society Hill location. Corner spacious studio flooded with light rented for $1,100; Bilevel unit 1 bed/ 1.5 baths recently vacant was rented for $1325; second floor 1 bed/ 1 bath rented for $1,300. Rents are below market. Unit 4 needs to be completely rebuilt offering flexible layout and huge potential for value add investors or developers. It is almost 1700 sf of space and would make an ideal owners unit occupying the top two floors of the building- plans available to make a 3 bedrooms/2.5 bath bright corner unit with windows on two sides, laundry, in unit, spacious open kitchen, plus roof access for fabulous city views and potential for a roof deck. - 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 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. Taxes and square footage are buyers responsibility to verify.

Studio

3,424 Sq.Ft. LIVING AREA

780 Sq.Ft. lot

Stephanie MacDonald, Esq.

Stephanie MacDonald, Esq.

Features & Amenities

Interior

  • total bedrooms0
  • Flooring Hardwood, Carpet, Ceramic Tile
  • APPLIANCES Built-In Microwave, Dryer - Gas, Exhaust Fan, Oven - Self Cleaning, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer, Stove, Water Heater
  • other interior Features Built-Ins

Area & Lot

  • Status Sold
  • Date Sold June 29, 2026
  • Living Area3,424 Sq.Ft.
  • Lot Area780 Sq.Ft.
  • MLS® IDPAPH2612706
  • TypeMulti-Family
  • YEAR BUILT1920
  • NeighborhoodPhiladelphia
  • Architecture StylesDwelling with Rental, Unit/Flat, Bi-level
  • View DescriptionCity, Street
  • Elementary SchoolGENERAL GEORGE A. MCCALL

Exterior

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

Financial

  • Sales Price$765,000
  • Real Estate Tax $11,786/yr
  • Zoning RM1

Philadelphia

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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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