3424 Wallace St, Philadelphia, PA 19104

$650,000
2,772
SqFt

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List Price
$650,000
Price Change
▼ $25,000 1780513151
Days on Market
86
Status
ACTIVE
MLS#
PAPH2622272
Living Area
2,772
Lot Size (Acres)
0.03
Style
Other
Year Built
2018
County
Philadelphia
School District
The School District Of Philadelphia

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.

Additional Information

Area
19104 (19104)
Subdivision
Mantua
Taxes
$11941
School District
The School District Of Philadelphia
Heating
Forced Air
Heating Fuel
Natural Gas
Cooling
Central A/C
Water
Public
Sewer
Public Sewer
Basement
Yes

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Listing courtesy of KW Empower. Contact: vicki@kwempower.com