Homes for sale - 1230-36 WALLACE ST, Philadelphia, PA 19123

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Simone Velvel

simone@thevelvelgroup.com +1(703) 507-7614

Listed by Christopher J Carr • HomeZu by Simple Choice

$769,900

Est. payment - /mo

5 Beds

3 Baths

2,160 SqFt

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UPDATED:

Key Details

Property Type Townhouse

Sub Type End of Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 2,160 sqft

Price per Sqft $356

Subdivision West Poplar

MLS Listing ID PAPH2493172

Style Straight Thru

Bedrooms 5

Full Baths 3

HOA Y/N N

Abv Grd Liv Area 2,160

Year Built 1920

Annual Tax Amount $6,005

Tax Year 2024

Lot Size 1,995 Sqft

Acres 0.05

Lot Dimensions 60.00 x 33.00

Property Sub-Type End of Row/Townhouse

Source BRIGHT

Property 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.

Location

State PA

County Philadelphia

Area 19123 (19123)

Zoning RSA5

Rooms

Basement Full

Interior

Hot Water Electric

Heating Heat Pump - Gas BackUp

Cooling Central A/C

Fireplace N

Heat Source Natural Gas

Exterior

Water Access N

Roof Type Flat

Accessibility None

Garage N

Building

Story 2

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Architectural Style Straight Thru

Level or Stories 2

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Philadelphia City

Others

Senior Community No

Tax ID 141288410

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

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"Simone's passion for real estate and her love for "The DMV" are a perfect match. She has made it her mission to help local residents sell their homes quickly and at the best possible prices. Equally, she takes immense pride in assisting homebuyers in finding their perfect piece of paradise in DC, Maryland and Virginia. "

+1(703) 507-7614

simone@thevelvelgroup.com

11003 Glueck Lane, Kensington, Maryland, 20895, USA

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1230-36 WALLACE ST Philadelphia, PA 19123