3424 WALLACE ST, Philadelphia, PA 19104
3424 WALLACE ST, Philadelphia, PA 19104
3424 WALLACE ST, Philadelphia, PA 19104
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Listed by Stuart Cohen • KW Empower
$675,000
Est. payment /mo
3,672 SqFt
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Key Details

Property Type Multi-Family, Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 3,672 sqft

Price per Sqft $183

Subdivision Mantua

MLS Listing ID PAPH2622272

Style Other

Abv Grd Liv Area 2,772

Year Built 2018

Annual Tax Amount $11,941

Tax Year 2025

Lot Size 1,435 Sqft

Acres 0.03

Lot Dimensions 14.00 x 104.00

Property Sub-Type Interior Row/Townhouse

Source BRIGHT

Property Description

This exceptional fully leased triplex, ideally situated within walking distance of Drexel University, presents a rare opportunity to own a modern, income-producing multi-unit property in one of the city's most sought-after rental corridors. Constructed in 2018 with contemporary design and functionality in mind, this turnkey investment property offers strong cash flow alongside upscale finishes and highly desirable amenities.

The building consists of three thoughtfully designed residential units, including two spacious 2-bedroom, 2-bathroom apartments and one expansive 4-bedroom, 4-bathroom unit, each tailored to meet the demands of today's tenants. The second-floor apartment features a private balcony, creating the perfect setting for morning coffee or evening relaxation, while the third-floor residence boasts an exclusive rooftop deck ideal for entertaining guests, enjoying panoramic skyline views, and socializing in style.

Throughout the property, residents are welcomed by sleek laminate hardwood flooring, modern LED lighting, and the convenience of in-unit laundry. Each kitchen is beautifully appointed with stainless steel appliances, including refrigerators, dishwashers, built-in microwaves, and garbage disposals, complemented by elegant shaker-style cabinetry and premium quartz countertops that provide both sophistication and durability.

The bathrooms are equally impressive, showcasing designer tile flooring and beautifully tiled showers that create a clean, modern aesthetic. Every bedroom is generously sized and features oversized closets along with private en-suite bathrooms, offering residents an elevated level of comfort, privacy, and convenience.

Combining contemporary construction, desirable amenities, and a prime university-area location, this outstanding investment property is perfectly positioned for continued rental demand and long-term appreciation.

Location

State PA

County Philadelphia

Area 19104 (19104)

Zoning RSA5

Rooms

Basement Fully Finished

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling Central A/C

Inclusions washers, dryers and refrigerators

Fireplace N

Heat Source Natural Gas

Exterior

Water Access N

Accessibility None

Garage N

Building

Foundation Other

Above Ground Finished SqFt 2772

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 242083600

Ownership Fee Simple

SqFt Source 3672

Special Listing Condition Standard


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Jenn Geddes

Jenn Geddes

+1(484) 995-2155

Agent | License ID: RS321126

Agent License ID: RS321126

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