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Off Market

502 S 41st St

Philadelphia PA 19104

9
8
7980 sq. ft.
13058 sq. ft.
Other
Last sold for $1,537,000
Jeffrey BlockJeffrey Block, last sold this property on 31 July 2019 after 80 days on market.

Overview

502-504 S. 41st is a rare 9 unit detached property (actually both sides of a really cool twin). It includes a rear lot that readily accommodates 8 cars (in a neighborhood known for tight parking). This property is situated on a 0.3-acre lot. Tremendous character but some deferred maintenance leaves room for great improvements. The 502 Property includes three 3-bedroom units. Impressive, original balconies. Hardwood floors. Landlord has typically rented 502 as one house, though it is currently rented as separate units. 504 has six units. Generate higher rents/reduce expenses with improvements. 84.5' x. 154.5' lot size and 7,980 finished, above-grade square feet. NOTES--Two separate deeds; offered as single package (taxes and other data reflect the combined property). All nine units have separate electric. 504 has separate gas (though tenants pay gas in both properties). Owner pays water (if 502 is rented as a single home, then tenants can pay gas and water). LOCATION--This impressive building is situated in an idea location just off the campus of University of The Sciences and close to Close to HUP, CHOP, Penn, Drexel, Presby, Science Center. 12 minutes to Center City by car or bike and plenty of convenient SEPTA options. Close to so many amenities: Easy walk to Clark Park and its fabulous Farmers' Market, Clarkville, Green Line Coffee, the movie theater, so many restaurants, and Fresh Grocer around 40th & Walnut, and all that University City has to offer. Plus 12 minutes to Center City by car or bike and plenty of convenient SEPTA options (one block from the Green Line hub). NOTE--The landlord currently does not rent the parking, so this is an additional source of income. Regarding 502, Landlord missed the current rental cycle to rent as an entire home, which curtailed the current income for this year. INCOME & EXPENSES & RENTAL INFORMATION AVAILABLE. Note--Property is on the Philadelphia Historic Register. It is subject to the jurisdiction of the Philadelphia Historic Commission.

Features

9 bedrooms
8 carspaces
7980 sq. ft. floor area
13058 sq. ft. lot size
Other

Estimated Value

We need at least 3 similar 9 bedroom other properties sold in Philadelphia over the last 12 months.

Property history for 502 S 41st St

2019
Sold
$1,537,000
31 Jul 2019 by Jeffrey Block, of Compass Pennsylvania, LLC

Happy sellers in Philadelphia

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We have insufficient information to provide an overview of customer satisfaction for Philadelphia. Viewing the agent profiles, reviews and sales for Philadelphia can provide insights for this location.

Local market activity for 9 bedroom other properties in Philadelphia

In the last 12 months, 2 nine-bedroom other properties similar to 502 S 41st St, have been sold.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Philadelphia

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Or Aharon

Or Aharon is a recommended agent for Philadelphia.  They have 1 local sale and collected 1 local review across the last 12 months.

  •   5   (2 reviews)
  •  1 Review in Philadelphia
  •  1 Sale in Philadelphia
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Martin Rodriguez

Martin Rodriguez is an award winning recommended agent for Philadelphia.  They have 1 local sale and collected 1 local review across the last 12 months.

  •   5   (42 reviews)
  •  1 Review in Philadelphia
  •  1 Sale in Philadelphia
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Benjamin Cathey

Benjamin Cathey is a recommended agent for Philadelphia.  They have 5 local sales across the last 12 months.

  •  5 Sales in Philadelphia
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Thomas Dilsheimer

Thomas Dilsheimer is a recommended agent for Philadelphia.  They have 4 local sales across the last 12 months.

  •  4 Sales in Philadelphia
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