Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1930
Sq.Footage
2,856
Two significant properties on one of University City's most special blocks (one block long Woodland Terrace). Both very spacious. Wonderful character. Currently income producing or renovate into two amazing homes. There is Driveway Parking for several cars plus Rear yards. The driveway is currently on the 518 deed, and could serve both properties with a driveway easement and parking in rear. 518 is Zoned as a Triplex and most recently rented out on one lease as a 9-bedroom home at $5,400/month with tenants paying all utilities. Tenants set to move out this month. 520 is Zoned as a Quadplex and currently set up with two 2BR/2bths (could also be combined as one 4-5BR/4bth), a 2BR/1bth, and a Studio. Gas and Electric fully separated. Fully leased at $4,425/month. All zoning and rental licenses in place. Both properties need renovation. LOCATION--These impressive buildings are situated in an idea location just off the campuses of University of the Sciences and Penn and close to HUP, CHOP, Drexel, Presby, Science Center. 12 minutes to Center City by car or bike and plenty of convenient SEPTA options. Close to so many amenities: Easy walk to Clark Park and its fabulous Farmers' Market, Clarkville, Green Line Coffee, the movie theater, so many restaurants, and Fresh Grocer around 40th & Walnut, and all that University City has to offer. Plus 12 minutes to Center City by car or bike and plenty of convenient SEPTA options (one block from the Green Line hub). Penn Alexander School CATCHMENT. Note: 518 & 520 can also be purchased individually. Each separately offered at $750,000.
Features & Amenities
Interior
Area & Lot
-
Lot Size(acres)
0.19
-
Property Type
Commercial Sale
Exterior
-
Garage
No
-
Construction Materials
Stone, Other
-
Parking
On Street
Financial
-
Sales Price
$1,500,000
-
Tax Amount
9314.0
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Location
County
PHILADELPHIA
Elementary School
PENN ALEXANDER SCHOOL
Middle School
High School
Listing Courtesy of Jeffrey Block , Compass Pennsylvania, LLC
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Owner, President, Investment Property Advisor
TheresaKehler
Call Theresa today to schedule a private showing.
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