CLOSED

1937 Wharton St

Philadelphia PA, 19146

$800,000


$275.86 per sqft

CLOSED

3 Beds

2,900 sqft

Multi-family

Built in 1915

Introducing a fantastic investment opportunity in the Point Breeze area of Philadelphia. This three-unit building offers spacious and modern living spaces, each consisting of two bedrooms and two bathrooms.

The property has undergone a complete renovation, with all new systems including a sprinkler system, new heating and air, plumbing, and electric. The addition of luxury vinyl flooring throughout ensures durability and easy maintenance for tenants. Each unit has an intercom with electronic door release to make it easy.

One of the standout features of this property is the roof deck with access from the 3rd floor unit, offering stunning views of Center City Philadelphia. Additionally, the second-floor deck provides a private outdoor space for the 2nd floor unit. The first floor unit has access to the yard.

Convenience is key with this property, as it is located close to coffee shops, transportation options, and the bustling center city of Philadelphia. Tenants will have easy access to all the amenities and entertainment the city has to offer.

With its prime location and modern updates, this three-unit triplex building has the potential to generate a significant amount of rental income for its future owner. Don't miss out on this incredible investment opportunity. Schedule a viewing today before it's gone. This property has a 10 year tax abatement. The finished square foot is estimated. Please do your own diligence.

PAPH2300580

MLS ID

May 9, 2024

Updated

Map

1937 Wharton St
Philadelphia PA, 19146

Interior Features

Bedrooms

3


Appliances

Disposal, Refrigerator, Microwave, Electric Water Heater


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Central, Natural Gas

Exterior/Building Features

Lot Size

0.03 Acres


Architectual Style

Contemporary


Sewer

Public Sewer

School Information

School District

THE SCHOOL DISTRICT OF PHILADELPHIA

Other Property Details

Area Name

PHILADELPHIA


Taxes

$1,133


Tax Frequency

Annually


Days on Market

115


Garage

No


Parking

On Street


View

No


County

PHILADELPHIA


Water Source

Public


Pool

No


Zoning

3 family dwelling


Buyer Agency Compensation

2.5%

Listing History

Date

Event

Price

4/30/2024

Sold

$800,000

3/21/2024

Under Contract

2/7/2024

Price Change

$839,999

-2%

2/5/2024

Price Change

$839,999

-2%

1/17/2024

Price Change

$849,999

-3%

1/7/2024

Price Change

$869,900

-4%

Listed by Louis Farlow, with Angelo M. Mattei Real Estate
Listing Contact: 2158333723 

The IDX display contains information sourced from the Bright MLS, Inc. as of 5/9/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 5/9/2024 at 5:52 AM UTC

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