Skip To Content

2200 Wallace Street

PHILADELPHIA, PA 19130
  • $650,000
  • STATUS: Active Under Contract
  • ON SITE: 90 Days
  • ID#: PAPH2131252
Under Contract
UPDATED: 84 min ago
$650,000
  • 0
    BEDS
  • 0.03
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,187
    SQFT
  • $297
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1920
County:

School Ratings & Info

Description

Part of an Iconic Investment Portfolio of 4 Fairmount Multi-Family Properties. See additional listings at 2201, 2205 and 2209 Mt Vernon. Can be purchased separately or as a package. On a quaint street in the highly desirable neighborhood of Fairmount, an incredible investment opportunity awaits you. This income-generating duplex features separate one and two-bedroom units, each with their own unique touches.Unit one encompasses the entire first level of this home. Making your way through the entrance, you are immediately greeted by a spacious living room that features oversized windows, plush carpeting, custom built-in shelving, and recessed lighting. Through the living room is the gourmet kitchen, equipped with a plethora of wooden cabinetry, state of the art appliances, and upgraded countertops. Nestled in the back of this unit sits the grand primary suite accented with rustic exposed brick and ample closet space. The primary suite enjoys the use of a tiled full hall bath. This unit is complete with an expansive backyard brick patio that has plenty of space to accommodate an outdoor gathering with family and friends or a large private gardening area, and an exclusive laundry room on the lower level.The two bedroom, one bathroom second unit is wonderfully spread across two floors. A sun soaked living room welcomes you into the unit, adorned with custom built-in shelves, sophisticated exposed brick, and oversized windows. Find your way to the carpeted hallway and step into the first bedroom, complete with plush carpeting, extensive closet space, and an elegant chandelier light fixture. Further down the hall is the luxurious kitchen that features stainless steel appliances, an abundance of wooden cabinetry, artistic wooden floors, and an expertly detailed tile backsplash. Make your way upstairs to the tasteful second floor loft that hosts the charming primary suite accented with carpeting, a wonderful view of the living room below, a fortune of natural light, and recessed lighting. The primary suite enjoys the use of a masterfully tiled ensuite bathroom that hosts a large single vanity and washer/dryer.Unit one is currently vacant, and Unit 2+GGs lease ends at the midway point of July 2022 with a monthly rent of $1825.This property sits just steps away from the beautiful lush greenery of Corinthian Gardens. Here, community members plant gorgeous vegetation and manicure them daily, adding a breath of fresh air to the neighborhood. Conveniently located just a block off of Fairmount Avenue, there are many local happenings and amenities just a short walk away, including the Eastern State Penitentiary, Zorba+GGs Tavern, A Mano, Jack+GGs Firehouse, and more!The City of Philadelphia has completed a real estate tax reassessment, effective January 1, 2023. If you have any questions or concerns about the impact of this reassessment on future real estate taxes, please contact the City of Philadelphia. Compass RE is not involved in the City of Philadelphia+GGs tax reassessment and does not have any input or control in the results.

Monthly Payment Calculator



©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Main Line. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-09-30T07:52:01.507.
www.tomtoole.com/homes/130466069
Print Image

2200 Wallace Street PHILADELPHIA, PA 19130

  • Price: $650,000
  • Status: Active Under Contract
  • On Site: 90 Days
  • Updated: 84 min ago
  • ID#: PAPH2131252
0
Beds
0
Baths
0
½ Baths
0.03
Acres
2,187
SQFT
$297
$/SQFT
1920
Built
Neighborhood:
Art Museum Area
County:
Philadelphia
Area:
19130 (19130)
School District:
The School District Of Philadelphia
Property Description
Part of an Iconic Investment Portfolio of 4 Fairmount Multi-Family Properties. See additional listings at 2201, 2205 and 2209 Mt Vernon. Can be purchased separately or as a package. On a quaint street in the highly desirable neighborhood of Fairmount, an incredible investment opportunity awaits you. This income-generating duplex features separate one and two-bedroom units, each with their own unique touches.Unit one encompasses the entire first level of this home. Making your way through the entrance, you are immediately greeted by a spacious living room that features oversized windows, plush carpeting, custom built-in shelving, and recessed lighting. Through the living room is the gourmet kitchen, equipped with a plethora of wooden cabinetry, state of the art appliances, and upgraded countertops. Nestled in the back of this unit sits the grand primary suite accented with rustic exposed brick and ample closet space. The primary suite enjoys the use of a tiled full hall bath. This unit is complete with an expansive backyard brick patio that has plenty of space to accommodate an outdoor gathering with family and friends or a large private gardening area, and an exclusive laundry room on the lower level.The two bedroom, one bathroom second unit is wonderfully spread across two floors. A sun soaked living room welcomes you into the unit, adorned with custom built-in shelves, sophisticated exposed brick, and oversized windows. Find your way to the carpeted hallway and step into the first bedroom, complete with plush carpeting, extensive closet space, and an elegant chandelier light fixture. Further down the hall is the luxurious kitchen that features stainless steel appliances, an abundance of wooden cabinetry, artistic wooden floors, and an expertly detailed tile backsplash. Make your way upstairs to the tasteful second floor loft that hosts the charming primary suite accented with carpeting, a wonderful view of the living room below, a fortune of natural light, and recessed lighting. The primary suite enjoys the use of a masterfully tiled ensuite bathroom that hosts a large single vanity and washer/dryer.Unit one is currently vacant, and Unit 2+GGs lease ends at the midway point of July 2022 with a monthly rent of $1825.This property sits just steps away from the beautiful lush greenery of Corinthian Gardens. Here, community members plant gorgeous vegetation and manicure them daily, adding a breath of fresh air to the neighborhood. Conveniently located just a block off of Fairmount Avenue, there are many local happenings and amenities just a short walk away, including the Eastern State Penitentiary, Zorba+GGs Tavern, A Mano, Jack+GGs Firehouse, and more!The City of Philadelphia has completed a real estate tax reassessment, effective January 1, 2023. If you have any questions or concerns about the impact of this reassessment on future real estate taxes, please contact the City of Philadelphia. Compass RE is not involved in the City of Philadelphia+GGs tax reassessment and does not have any input or control in the results.
Exterior Features

Architectural Style Straight Thru Construction Materials Masonry Garage YN No Other Structures Above GradeBelow Grade Parking Types On Street Pool No Pool Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 2187 Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Central A/C Fireplaces Total 0 Heating Forced Air Heating YN Yes Inclusions Refrigerators And Washers And Dryers Single Room Units 0 Three Bedroom Units 0 Two Bedroom Units 1

Property Features

Accessibility Features Doors - Swing In Assessment Year 2022 Central Air YN Yes Cooling Fuel Electric Existing Lease Type Yearly Foundation Details Stone Heating Fuel Natural Gas Historic YN Yes Hot Water Natural Gas Municipality Philadelphia Navigable Water YN N New Construction YN No Number Of Units Leased 1 Number Of Units Total 2 Number Of Units Vacant 1 Original MLSNumber 801674533472 Ownership Interest Fee Simple Possession 0-30 Days Cd31-60 Days Cd61-90 Days Cd Property Sub Type Duplex Rent Control YN No Sale Type Standard Sewer Public Sewer Structure Design Type Interior Row/Townhouse Tax Annual Amount 6324.00 Tax Assessment Amount 451800.00 Tax Lot 148 Total Actual Rent 40000.00 Vacation Rental YN No Water Source Public Zoning Rsa5

Listing courtesy of Compass Pennsylvania, Llc: .


©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Main Line. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-09-30T07:52:01.507.
 
https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_1_801674533472-2.jpg https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_1_801674533472-2.jpg https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_1_801674533472-2.jpg
Logo
RE/MAX Main Line
1615 West Chester Pike, Suite 104
West Chester PA, 19382