Property

Philadelphia, PA 19130 2206 Wallace Street

OPEN HOUSE Sun, Dec 22 2024 12:00 PM - 3:00 PM
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Presented By: BHHS Fox & Roach The Harper at Rittenhouse Square
  • MLS# PAPH2421976
  • 12/12/2024
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  • Beds • 3

Home Details

Located on a picturesque tree-lined block in the heart of Spring Garden, this classic Victorian twin offers an incredible investment opportunity in one of Philadelphias most desirable neighborhoods. Currently configured as a duplex, the property features two fully functional apartments: an ideal setup for generating steady rental income, with the option to live in one unit while renting the other or converting the building back into a 4-bedroom, 3-bath single-family home. The homes historic charm is evident in its Georgian Revival brick faade, marble steps, and original cornice. The first-floor unit boasts an open layout with crown molding, original wood floors, a decorative marble mantle, and large windows that invite soft, natural light. It includes a modern kitchen with butcher block countertops, stainless steel appliances, and custom built-ins, as well as a dining room with floor-to-ceiling windows opening onto a private bricked patioperfect for outdoor entertaining. The spiral staircase leads to a loft-style primary bedroom with an en suite bath, while the finished lower level offers a full bath, laundry, and flexible bonus space. The upper bi-level unit features a bright living and dining area, a well-appointed kitchen, two generously sized bedrooms, a full bath, and exclusive access to a custom-designed roof deck nestled among mature trees. Shared hall laundry and a well-maintained basement with mechanical systems add convenience. Steps from Fairmount Avenues vibrant commercial corridor, with easy access to Center City, University City, and cultural landmarks like the Art Museum and upcoming Calder Museum, this property combines prime location, versatile use, and strong income potentiala must-see for savvy investors.
Presented By: BHHS Fox & Roach The Harper at Rittenhouse Square

Interior Features for 2206 Wallace Street

Bedrooms

Three Bedroom Units Count

Other Interior Features

LivingAreaSourceAssessor
BasementOther
Basement (Y/N)Yes
Central Air Y/NYes
Fireplace Y/NNo
FlooringWood, Fully Carpeted, Vinyl
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas

General for 2206 Wallace Street

Acceptable FinancingConventional
AccessibilityNone
Architectural StyleOther
CityPHILADELPHIA
Construction MaterialsMasonry
Cool FuelElectric
CoolingCentral A/C
CountyPHILADELPHIA
DirectionsOn Wallace between 22nd and 23rd
Electric100 Amp Service
Exterior FeaturesSidewalks, Street Lights
FULLFee Simple
Garage Y/NNo
HeatingForced Air
Lease TypeMonth to Month
Lot Size Square Feet1235.00
Lot Size UnitsSquare Feet
MLS Area19130 (19130)
ModificationTimestamp2024-12-19T14:08:20
MunicipalityPHILADELPHIA
New ConstructionNo
Number of Units Leased2
NumberOfUnitsTotal2
One Bedroom Units Count1
Other StructuresAbove Grade, Below Grade
Other UnitsUnit 1, Unit 2
Possession0-30 Days CD, Negotiable
Price Per Sq Ft Total AG343.39
Property SubtypeDuplex
Property TypeMulti-Family
RoofFlat
School DistrictTHE SCHOOL DISTRICT OF PHILADELPHIA
SewerPublic Sewer
Single Room Units Count0
Standard StatusActive
StatusACTIVE
Structure TypeInterior Row/Townhouse
Tax Annual Amount8589.0
Tax Assessed Value613600.0
Tax Lot173
Tax Year2024
Total SQFT2286
Two Bedroom1
Vacation Rental Y/NNo
Virtual TourClick here
Water Access Y/NNo
Waterfront Y/NNo
Year Built1920
Year Built SourceAssessor
ZoningRSA5

Exterior for 2206 Wallace Street

Foundation DetailsStone
Land Assessed Value122700.00
Land Use CodeN50
Lot Dimensions19.00 x 65.00
Lot Size Acres0.03
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
PoolNo Pool
Total Parking Spaces0
Type of ParkingNone
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo

Additional Details

Price History

Charles Torres

Owner
Price $785,000
MLS#PAPH2421976
List Date 12/12/2024
Property Type Multi-Family
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