Philadelphia, PA 19104,518-520 WOODLAND TER
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Philadelphia, PA 19104,518-520 WOODLAND TER
Philadelphia, PA 19104,518-520 WOODLAND TER
Philadelphia, PA 19104,518-520 WOODLAND TER
Philadelphia, PA 19104,518-520 WOODLAND TER

$1,325,000

Est. payment /mo

$1,500,000

11.7%
Est.Price: ?

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518-520 WOODLAND TER Philadelphia, PA 19104

2,856 SqFt

SOLD DATE : 07/18/2019

Key Details

Sold Price $1,325,000

Property Type Commercial

Sub Type Five Or More Units

Listing Status Sold

Purchase Type For Sale

Square Footage 2,856 sqft

Price per Sqft $463

Subdivision University City

MLS Listing ID PAPH809170

Sold Date 07/18/19

HOA Y/N N

Originating Board BRIGHT

Year Built 1930

Annual Tax Amount $9,314

Tax Year 2019

Lot Size 8,100 Sqft

Acres 0.19

Lot Dimensions 60' x 135'

Property Description

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.

Location

State PA

County Philadelphia

Area 19104 (19104)

Zoning RTA1

Interior

Hot Water Natural Gas

Heating Radiator, Baseboard - Electric

Cooling None

Heat Source Natural Gas, Electric

Exterior

Water Access N

Accessibility None

Garage N

Building

Sewer Public Sewer

Water Public Hook-up Available

New Construction N

Schools

Elementary Schools Penn Alexander School

School District The School District Of Philadelphia

Others

Tax ID 271183000 & 271182900

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Jeffrey Block • Compass RE
Bought with Jeffrey Block • Compass RE
agent

Kerry O'Hara

Advisor | License ID: 651712

+1(410) 507-0834

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