1637 Wakeling Street, Philadelphia, PA 19124-2732 $235,000
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With Pending Contract
Interior Sq. Ft: 1,892
Acreage: 0.04
Age:127 years
Taxes: $3,204
Subdivision: Frankford
Design/Type:
Twin/Semi-Detached
Description
Step into the welcoming embrace of the Frankford neighborhood, where a remarkable multi-family property awaits both investors and residents alike. This vacant gem not only promises an exceptional investment opportunity but also a comfortable abode in a bustling community. As you enter you are welcomed by a cozy foyer that is accented with all the original wood work from when the house was originally built and has been kept in great shape. Unit one presents a snug 1 bed 1 bath apartment with a well-appointed kitchen, catering perfectly to individuals seeking cozy living. The basement is also accessible through the 1st floor which can be used for extra storage and even offers a washer and dryer. The 1st floor is complete with the added perk of a fenced-in yard for outdoor leisure and gardening enthusiasts. Meanwhile, unit two offers a generous 2 Bed 1 Bath layout that offers a ton a space and natural light. This home can be the perfect opportunity for an investor looking to add to their rental portfolio or for someone who is looking to lower their living expenses by living in one unit and renting the other unit out. This property is in pristine condition and can be occupied right away getting a return on investment instantly. With an impressive Walk Score of 83, many daily tasks can be easily accomplished without relying on a car. The Transit Score stands at 88, indicating excellent transit options that make getting around convenient for most journeys. Nearby dining options include New China, Lo Chinese Restaurant, Philly Pretzel Factory, and more, ensuring a variety of culinary experiences within reach. Families will appreciate the proximity to schools like School of Faith in God, Mastery Cc Smedley Campus, and Frankford High School. Grocery shopping is convenient with options such as Sugar & Spice, Clarica Mini Market, and F & C Food Market nearby. For commuters, the property is just six minutes away from the MFL Frankford TC to 69th St TC at the Frankford Transportation Center - MFL stop. Outdoor enthusiasts can enjoy nearby parks like White Hall Commons, Frankford Stadium, and Wissinoming Park. Property qualifies for CRA program for a conventional loan with 3% down payment and no mortgage insurance. This Property Qualifies for a 10K Grant as it is in the Majority-Minority Census Grant offered by Prosperity Home Mortgage. Can be used for Closing Costs, Buy Rate Down, etc… 100% Forgivable to All Buyers- Not just First Time, reach out for more information. Nearby, an array of local businesses beckon, from charming cafes to enticing eateries, ensuring convenience at every turn. Commuting is hassle-free, thanks to accessible public transportation options that link you effortlessly to the vibrant attractions of Center City Philadelphia. For healthcare professionals, the proximity to Jefferson Frankford Hospital adds an extra layer of convenience, making it an attractive option for potential renters, such as travel nurses. With endless possibilities for both investment and residency, seize the opportunity to transform this vacant multi-family property into your own haven. Reach out to us today for more details or to arrange a viewing and be part of the excitement in this thriving Philadelphia neighborhood!
Home Assoc: No
Condo Assoc: No
Buyer Agency Comp*: 2.5 % Of Gross
Basement: Y
Pool: No Pool
Features
Utilities
Radiant Heating, Natural Gas, Other, Central A/C, Natural Gas, Hot Water - Natural Gas, Public Water, Public Sewer, Cable TV Available, Electric Available, Natural Gas Available
Garage/Parking
On Street
Interior
Full Basement, Unfinished Basement, Ceramic Tile Flooring, Wood Flooring
Exterior
Brick/Mortar Foundation, Masonry, Porch(es), Sidewalks, Street Lights
Select a school from the following list. Schools are grouped by school type.
The schools on this list are selected by their proximity of up to 5 miles to the property address.
Proximity does not guarantee enrollment eligibility. Please contact the school directly for more information on enrollment requirements.
* If there are more than 5 schools of any type within a close proximity, click on the button to see additional schools of that type near the search address.
Public Elementary (104 schools)
Public Middle (23 schools)
Public High (37 schools)
Private (64 schools)
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This report is a detailed community overview for Philadelphia (19124), Pennsylvania.
Community Quick Facts
- Average travel time to work for people in this community: 37
- Average salary of people in this community: $35,625
Community Summary
- Population Density (ppl / mile): 14,319
- Household Size (ppl): 3.09
- Households w/ Children: 101%
Housing Inventory
- Owned: 12,223 (47.9%)
- Rented: 10,386 (40.7%)
- Vacant: 2,883 (11.3%)
- Total: 25,492
Population Demographics
The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.
Climate and Weather
The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.
Temperature
Education
Highest Level of Education Attained
- Less than 9th Grade: 9.3%
- Some High School: 14.7%
- High School Graduate: 44.0%
- Some College: 14.9%
- Associate Degree: 6.5%
- Bachelor's Degree: 7.2%
- Graduate Degree: 3.4%
Income by dollar range
Median Income: $33,611
Fair Market Rents
The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).
- Studio: $747
- One Bedroom: $748
- Two Bedroom: $910
- Three Bedroom: $1,045
- Four Bedroom: $1,188
© 2024 LiveBy. All Rights Reserved.
Contact Information
Schedule an Appointment to See this Home
Contact our Customer Service Center
or call us at 302-234-5270
Listing Courtesy of: RE/MAX @ HOME , (215) 607-3535, thelistingteam@liveloveathome.com
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Patterson-Schwartz Real Estate participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information Deemed Reliable But Not Guaranteed.
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Listing data as of 7/05/2024.