3407 Wallace Street, Philadelphia, PA 19104-1964 $1,185,000

# of Units: 4
Interior Sq. Ft: 5,082
Acreage: 0.06
Age:12 years
Taxes: $4,993
MLS#: PAPH2430570
Subdivision: Mantua
Design/Type:
Other

Description

Amazing investment opportunity. This modern, fully occupied 5-unit, 15-bedroom multi-family property, built in 2013, is situated in the highly sought-after Mantua neighborhood of Philadelphia. Just a short walk from the University of Pennsylvania and Drexel University, ensuring consistent demand from students and professionals. This property offers investors an excellent opportunity to acquire a turnkey asset with significant potential for rental growth and immediate rent increases. The property is also located within a Qualified Opportunity Zone, providing potential tax advantages for investors. The unit mix includes two (2) two-bedroom, one-bathroom units, one (1) three-bedroom, two-bathroom unit and two (2) four-bedroom, two-bathroom units. The units offer hardwood floors, stainless-steel appliances, in-unit washer and dryers, intercom system and much more. Don’t miss this rare opportunity to own a high-performing multi-family property in a rapidly developing area.

Taxes: $4,993
Home Assoc: No
Condo Assoc: No
Garage: N
Basement:
Pool: No Pool
School Dist: The School District Of Philadelphia

Features

Utilities
Heat Pump(s), Electric, Central A/C, Electric, Hot Water - Electric, Public Water, Public Sewer

Garage/Parking
None

Exterior
Masonry

Contact Information

Listing Courtesy of: KW Empower , vicki@kwempower.com

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Listing data as of 3/16/2025.