1230 Wallace Street

PHILADELPHIA, PA 19123

  • 5 Bed(s)
  • 3.0 Bath(s)
  • 2,160 Sqft
  • 1995
    Sqft(Lot)
$769,900

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.

  • Property Type

    Residential

  • Subdivision

    West Poplar

  • County

    PHILADELPHIA

  • Style

    Straight Thru

  • AD ID

    50136104

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Property Details

  • Bedroom Information

    • Total Bedrooms : 5
    • Total Bedroom (Upper): 5
    • Bedroom Upper Level 1: 5

    Bathroom Information

    • Total Baths: 3
    • Full Baths: 3

    Water/Sewer

    • Water Source : Public

    Interior Features

    • Roof : Flat
    • Basement Description: Full

    Roofing Information

    • Flat

    Heating & Cooling

    • Cooling: Central A/C
    • Heating: Heat Pump - Gas BackUp
    • Cooling Fuel: Natural Gas
    • Heating Fuel: Natural Gas

  • Building Information

    • Year Built: 1920
    • Structure: End of Row/Townhouse
    • New Construction: No
    • Built: 1920
    • Construction Material: Masonry
    • Roof: Flat
    • Foundation/Basement: Concrete Perimeter
    • Architecture: Straight Thru
    • Pool/Private: No Pool
    • Roof Type: Flat

    Pool Information

    • Pool: No Pool

    Utility Features

    • Sewer: Public Sewer

    Water

    • Water Heat: Electric

  • Lot Information

    • Lot Size: 1,995
    • Dimensions: 60.00 x 33.00
    • Lot Size (Acres): 0.05
    • Architectural Style: Straight Thru
    • Main Square Feet: 1,995

    Property Information

    • SQ ft: 2,160
    • SQ ft (Living Area): 2,160
    • Total Lot SQ ft: 1,995
    • Subdivision: WEST POPLAR
    • Financing: Cash,Conventional
    • Appx. Lot Dimensions: 60.00 x 33.00
    • Total Acreage: 0.05
    • New Construction: No
    • Type: Straight Thru

  • Listing Information

    • Possession: Immediate
    • Days Of Market: 4

    Lease Information

    • Lease Considered: No

  • Tax Information

    • Annual Tax: $6,005
    • Tax Year: 2024
    • Total Taxes Payment Frequency: Annually

    Possession

    • Immediate

    Assessment Information

    • Taxes Assessment Amount: $429,000

  • Parking Information

    • Parking Type: On Street

    Multi-Unit Information

    • Acceptable Financing: Cash,Conventional
    • Roof: Flat

    Homeowners Association Information

    • Direction: Callowhill Street West->Right on Ridge Street->Right on N 13th Street->Right on Wallace Street

  • School Information

    • School District: PHILADELPHIA CITY

    Utility Information

    • Water Source: Public
    • Sewer: Public Sewer
    • Cooling Fuel: Natural Gas
    • Heating Fuel: Natural Gas
    • Hot Water: Electric

    Location Information

    • Direction: Callowhill Street West->Right on Ridge Street->Right on N 13th Street->Right on Wallace Street
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BuyOwner last updated this listing 06/20/2025 @ 14:07

  • MLS: PAPH2493172
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: BRIGHT MLS

is a Home, with 5 bedrooms which is for sale, it has 2,160 sqft, 1,995 sized lot, and 0 parking. are nearby neighborhoods.