Pending
2206 Wallace St
Philadelphia PA, 19130
$785,000
$343.39 per sqft
Pending
3 Beds
2,286 sqft
Multi-family
Built in 1920
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 Philadelphia's 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 home's historic charm is evident in its Georgian Revival brick facade, 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 patio--perfect 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 Avenue's 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 potential--a must-see for savvy investors.
PAPH2421976
MLSⓇ ID
December 13, 2024
Listed
January 14, 2025
Updated
Map
2206 Wallace St
Philadelphia PA, 19130
Interior Features
Bedrooms
3
Interior Features
Carpet, Vinyl, Wood
Floor Description
Carpet, Vinyl, Wood
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Forced Air, Natural Gas
Exterior/Building Features
Lot Size
0.03 Acres
Architectual Style
Other
Sewer
Public Sewer
School Information
School District
THE SCHOOL DISTRICT OF PHILADELPHIA
Other Property Details
Area Name
PHILADELPHIA
Taxes
$8,589
Tax Frequency
Annually
Days on Market
21
Garage
No
View
No
County
PHILADELPHIA
Water Source
Public
Pool
No
Listing History
Date | Event | Price |
---|---|---|
1/14/2025 | Pending | — |
1/2/2025 | Under contract | — |
12/13/2024 | Active | — |
Listed by BHHS Fox & Roach The Harper at Rittenhouse Square
Listing Contact: 2157905501
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Data last updated on 1/14/2025 at 9:07 PM UTC