3942 Wallace St

Philadelphia PA 19104

1907 sq. ft.

1176 sq. ft.

Duplex

Currently for sale - view listing

Overview

Live in one unit, rent the other and let the property pay for itself. This corner-unit duplex in booming West Philadelphia last generated $2,400/month in rent, with low annual taxes of just $1,412 making it one of the most compelling house-hack opportunities near Drexel University and the University of Pennsylvania. First-Floor Unit features a fully updated kitchen with granite countertops and newer appliances, open living and dining area with hardwood floors, a full updated bath, in-unit stackable washer/dryer, and direct access to a large fenced rear yard. Second-Floor Unit offers two bedrooms, two full baths, a combined living and kitchen area, in-unit laundry, separate utilities, and central air designed for privacy and independent living. Bonus Flex Space a separate studio with its own entrance, large display window, and roll-up security gate. Room can be opened to the first-floor unit for additional living space, or used as a dedicated home office or creative studio. Additional features include an unfinished basement accessible via a street-level Bilco door, offering generous storage or future expansion potential. Surrounded by new construction and active neighborhood development, this well-maintained 1,907 sq ft property was extensively remodeled in 2019 including all major utilities and is move-in ready. Whether you're an owner-occupant looking to offset your mortgage or an investor seeking a turnkey income property, 3942 Wallace St delivers immediate cash flow and long-term upside in one of Philadelphia's fastest-growing corridors. All appliances included. Schedule your showing today.

Features

3 bedrooms

1907 sq. ft. floor area

1176 sq. ft. lot size

Duplex

Property history for 3942 Wallace St

2019

Sold

$193,000

07 Oct 2019 by George Doerr, of Coldwell Banker Realty

2016

Sold

$65,000

27 Dec 2016 by Melissa Purnell, of Coldwell Banker Preferred - Blue Bell Office

Happy sellers in Philadelphia

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