1230-36 WALLACE ST new to site Save Request In-Person Tour Request Virtual Tour
Philadelphia,PA 19123
Key Details
Property Type Townhouse
Sub Type End of Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 2,160 sqft
Price per Sqft $356
Subdivision West Poplar
MLS Listing ID PAPH2493172
Style Straight Thru
Bedrooms 5
Full Baths 3
HOA Y/N N
Abv Grd Liv Area 2,160
Year Built 1920
Annual Tax Amount $6,005
Tax Year 2024
Lot Size 1,995 Sqft
Acres 0.05
Lot Dimensions 60.00 x 33.00
Property Sub-Type End of Row/Townhouse
Source BRIGHT
Property Description
MOVE-IN READY HOME + DEVELOPMENT OPPORTUNITY IN RED-HOT WEST POPLAR Unlock the potential of this rare 4-lot assemblage in one of Philadelphia's fastest-growing neighborhoods. This unique package includes a spacious, double-wide, and newly refreshed 5BR / 3BA townhome ... perfect for immediate occupancy or rental income ... plus two adjacent, buildable lots with active subdivision and variance efforts already underway (documents available upon request). Ideal for investors, developers, or entrepreneurial owner-occupants, this property offers multiple exit strategies: build new townhomes or multi-family units, live in the existing home while developing the lots, or hold and stabilize for long-term appreciation. The home is fully turn-key and ready to generate cash flow on day one. Moreover, the site sits alongside a full-length Land Bank parcel, adding value and flexibility, especially in light of new City housing incentives, grant opportunities, and expedited zoning processes. With its prime location, scale, and development potential, this is a rare opportunity in West Poplar that checks all the boxes for ROI and future growth. Savvy buyers: run the numbers, walk the site, and act fast ... as this opportunity won't last long.
Location
State PA
County Philadelphia
Area 19123 (19123)
Zoning RSA5
Rooms
Basement Full
Interior
Hot Water Electric
Heating Heat Pump - Gas BackUp
Cooling Central A/C
Fireplace N
Heat Source Natural Gas
Exterior
Water Access N
Roof Type Flat
Accessibility None
Garage N
Building
Story 2
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Architectural Style Straight Thru
Level or Stories 2
Additional Building Above Grade,Below Grade
New Construction N
Schools
School District Philadelphia City
Others
Senior Community No
Tax ID 141288410
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Financing Cash,Conventional
Special Listing Condition Standard