UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,907 sqft
Price per Sqft $170
MLS Listing ID PAPH2578578
Style Other
Abv Grd Liv Area 1,907
Year Built 1950
Annual Tax Amount $1,412
Tax Year 2026
Lot Size 1,176 Sqft
Acres 0.03
Property Sub-Type Duplex
Source BRIGHT
Property Description
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.
Location
State PA
County Philadelphia
Area 19104 (19104)
Zoning RSA5
Rooms
Basement Outside Entrance, Unfinished
Interior
Interior Features 2nd Kitchen, Bathroom - Stall Shower, Bathroom - Walk-In Shower, Combination Dining/Living, Combination Kitchen/Dining, Recessed Lighting, Studio
Hot Water Electric
Heating Forced Air
Cooling Central A/C
Flooring Hardwood
Inclusions All appliances
Equipment Built-In Microwave, Refrigerator, Stove
Fireplace N
Appliance Built-In Microwave, Refrigerator, Stove
Heat Source Natural Gas
Exterior
Water Access N
Roof Type Flat
Accessibility None
Garage N
Building
Lot Description Rear Yard
Foundation Stone
Above Ground Finished SqFt 1907
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade, Below Grade
Structure Type Dry Wall
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 774167500
Ownership Fee Simple
SqFt Source 1907
Security Features Security Gate
Special Listing Condition Standard
Virtual Tour https://www.zillow.com/view-imx/78567288-02c6-4090-94fb-97d5625d05fb?wl=true&setAttribution=mls&initialViewType=pano
NEARBY SCHOOL & BUSINESS