$1,325,000
$1,500,000
11.7%For more information regarding the value of a property, please contact us for a free consultation.
518-520 WOODLAND TER Philadelphia, PA 19104
2,856 SqFt
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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Bought with Jeffrey Block • Compass RE
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