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$235,000   Price Analysis
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1637 Wakeling St
Philadelphia, PA 19124
3 bed 2 bath 1,892 SqFt ($124/SqFt)
1,954SqFt lot. Built 1897
Listed 2024-05-13, Taxes $3,204
USDA Eligible
near Philadelphia, PA
 

Step into the welcoming embrace of the Frankford neighborhood

* Has Contingent Offer *

Where a remarkable multi-family property awaits both investors and residents alike. This vacant gem not promises an exceptional investment opportunity but also a comfortable abode in a bustling community. As you enter you are welcomed by a cozy foyer that is accented with all the original wood work from when the house was originally built and has been kept in exceptional shape. Unit one presents a snug 1 bed 1 bath apartment with a well-appointed kitchen, catering perfectly to individuals seeking cozy living. The basement is also accessible through the 1st floor which can be used for extra storage and even offers a washer and dryer. The 1st floor is complete with the added perk of a fenced-in yard for outdoor leisure and gardening enthusiasts. Meanwhile, unit two offers a generous 2 Bed 1 Bath layout that offers a ton a space and natural light. This home can be the perfect opportunity for n investor looking to add to their rental portfolio or for someone who is looking to lower their living expenses by living in one unit and renting the other unit out. This property is in pristine condition and can be occupied right away getting a return on investment instantly. With an impressive Walk Score of 83, many daily tasks can be easily accomplished without relying on a car.

The Transit Score stands at 88, indicating excellent transit options that make getting around convenient for most journeys. Nearby dining options include Brand new China, Lo Chinese Restaurant, Philly Pretzel Factory and more, ensuring a variety of culinary experiences within reach. Families will appreciate the proximity to schools like School of Faith in God, Mastery Cc Smedley Campus and Frankford High School. Grocery shopping is convenient with options such as Sugar and Spice, Clarica Mini Market and F and C Food Market nearby. For commuters, the property is six minutes away from the MFL Frankford TC to 69th St TC at the Frankford Transportation Center - MFL stop. Outdoor enthusiasts can enjoy nearby parks like White Hall Commons, Frankford Stadium and Wissinoming Park. Property qualifies for CRA program for a conventional loan with 3% down payment and no mortgage insurance. This Property Qualifies for a 10K Grant as it is in the Majority-Minority Census Grant offered by Prosperity Home Mortgage. Can be used for Closing Costs, Buy Rate Down, etc 100% Forgivable to All Buyers- Not First Time, reach out for more information. Nearby, an array of local businesses beckon, from charming cafes to enticing eateries, ensuring convenience at every turn. Commuting is hassle-free, thanks to accessible public transportation options that link you effortlessly to the vibrant attractions of Center City Philadelphia. For healthcare professi onals, the proximity to Jefferson Frankford Hospital adds an extra layer of convenience, making it an attractive option for potential renters, such as travel nurses. With infinite possibilities for both investment and residency, seize the opportunity to transform this vacant multi-family property into your own haven. Reach out to us today for more details or to arrange a viewing and be part of the excitement in this thriving Philadelphia neighborhood!


Presented by Maria Quattrone, CEO at
Re/Max @ Home - Philadelphia.
Listing Agent Photo

Property MLS #PAPH2353576 from BrightMLS

Bedrooms: 3

Basement

Cooling Features: Central A/C
Heating Features: Radiant
Heating: Yes

Full Bathrooms: 2

Lot Size Acres: 0.0448577
Lot Size Square Feet: 1954

Parking Features: On Street

Number of Units: 2
Number of 1 Bedroom Units: 1
Number of 2 Bedroom Units: 1
Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Full Bathrooms in Unit-1: 1
Full Bathrooms in Unit-2: 1

School District: THE SCHOOL DISTRICT OF PHILADELPHIA

Frankford High School is a public high school located approximately 0.4 miles away.
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Harding Warren G Middle School is a public middle school located approximately 0.5 miles away.
directions icon Map directions

School of Faith in God is a private elementary, middle and high school located approximately 0.2 miles away.
directions icon Map directions

Mastery Cs-Smedley Campus is a public elementary school located approximately 0.3 miles away.
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Annual Tax Amount: 3204.0
Source Listing Status: Active Under Contract
County: PHILADELPHIA
Source Property Type: Multi-Family
Area: PHILADELPHIA
Source Neighborhood: FRANKFORD
Postal Code Plus 4: 2732
Subdivision: FRANKFORD
Township: PHILADELPHIA
Property Subtype: Duplex
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2023$183,120 + $45,780
$228,900
$3,204
2022$85,648 + $15,952
$101,600
$1,422
2021$85,648 + $15,952
$101,600
$1,422
2020$85,648 + $15,952
$101,600
$1,422
2019$82,192 + $15,308
$97,500
$1,364
2018$74,521 + $13,879
$88,400
$1,237
2017$74,521 + $13,879
$88,400
$1,237
2016$65,152 + $23,248
$88,400
$1,237
2015$65,152 + $23,248
$88,400
$1,184
2014$65,152 + $23,248
$88,400
$1,184
2013$7,355 + $2,085
$9,440
$922
2012$7,355 + $2,085
$9,440
$890
2011$7,355 + $2,085
$9,440
$857
2010$7,355 + $2,085
$9,440
$780
2009$7,355 + $2,085
$9,440
$780
2009$7,355 + $2,085
$9,440
$780

Listed 2024-05-13
$235,000
BrightMLS
Listing removed 2024-03-20
$0
BrightMLS
Price Changed 2024-01-17
$200,000
BrightMLS
Price Changed 2023-11-29
$225,000
BrightMLS
Listed 2023-10-16
$250,000
BrightMLS
Sold 2016-03-23
$109,000
BrightMLS
Sold 2016-01-06
$100,000
Public Record
Listed 2015-10-08
$109,000
BrightMLS
Listing removed 2015-05-11
$109,900
BrightMLS
Price Changed 2015-02-05
$109,900
BrightMLS
Listing removed 2014-11-13
$138,000
BrightMLS
Listing removed 2014-11-13
$138,000
BrightMLS
Listing removed 2014-11-12
$115,000
BrightMLS
Listing removed 2014-11-12
$115,000
BrightMLS
Listed 2014-11-10
$115,000
BrightMLS
Listed 2014-11-10
$115,000
BrightMLS
Listed 2014-11-10
$115,000
BrightMLS
Price Changed 2014-10-17
$138,000
BrightMLS
Price Changed 2014-08-10
$149,000
BrightMLS
Listed 2014-07-28
$153,000
BrightMLS
Listed 2014-07-27
$138,000
BrightMLS

Total Square Feet Living: 1892
Year Built: 1897
Construction Materials: Masonry
Property Age: 127
Structure Type: Twin/Semi-Detached
Architectural Style: Twin/Semi-Detached
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.