1637 Wakeling Street

Philadelphia, PA 19124

$235,000
Price
3
Beds
2
Baths
1,892 Sq. Ft.
$124 / Sq. Ft.
1,892
Sq. Ft.
$124
per Sq. Ft.

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...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!
  1. Listed by Maria Maria Quattrone Quattrone • RE/MAX @ HOME
    P: 2156073523 thelistingteam@liveloveathome.com

Property Details for 1637 Wakeling Street

Tax ID Number
622001600
Ownership
Fee Simple
Structure Type
Twin/Semi-Detached
Style
Other
Waterfront
No
Garage
No
Subdivision
FRANKFORD
Subdivision
FRANKFORD (PHILADELPHIA PA)

Location

Listing Courtesy of RE/MAX @ HOME
Add your commute
LISTING UPDATED: 05/17/2024 01:22 PM

Property Details for 1637 Wakeling Street

StatusActive Under Contract
MLS #PAPH2353576
Days on Market5
Taxes$3,204 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1897
Lot Size0.04 AC / 1,954 SF
CountyPhiladelphia County

Location

Listing Courtesy of RE/MAX @ HOME
Add your commute

Building Information for 1637 Wakeling Street

Stories-Residences2Year Built1897Building Size-Lot Size0.04 AC / 1,954 SF

Payment Calculator

$1,549 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,282

Property Taxes

$267

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1637 Wakeling Street

Location
Location
  • Transportation: Airport less than 10 miles, Bus Stop less than 1 mile, Commuter Rail Station less than 1 mile
  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District County ID: 300200397108
  • SchoolDistrictSource: Listing Agent
  • County: PHILADELPHIA
  • MLS Area: 19124 (19124)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Association / Community Info
Association / Community Info
  • Association Recreation Fee Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2022
  • Tax Assessed Value: $228,900
  • Year Assessed: 2023
  • County Tax: $0
  • Improvement Assessed Value: $183,120
  • City Town Tax: $1,445
  • Land Assessed Value: $45,780
  • Clean Green Assessed: No
  • Municipal Trash: Yes
  • Land Use Code: W30
  • Agricultural Tax Due: No
  • Historic: No
  • Zoning: RSA3
  • Tax Lot: 118
  • School Tax: $1,758
  • School Tax Payment Frequency: Annually
  • Automatically Update Tax Values Y/N: No
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 1
  • Two Bedroom Units Count: 1
  • Three Bedroom Units Count: 0
  • Other Units: Unit 1,Unit 2
Multi Family
Unit 1
  • Type: Unit 2
  • Unit Type Occupied YN: No
  • Beds Total: 2
  • Half Baths Count: 0
  • Full Baths Count: 1
  • Unit Type Baths Total: 1
Unit 2
  • Type: Unit 1
  • Unit Type Occupied YN: No
  • Beds Total: 1
  • Half Baths Count: 0
  • Full Baths Count: 1
  • Unit Type Baths Total: 1
Building Info
Building Info
  • Building Units Total: 2
  • Total Finished SQFT: 1,892.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Estimated
  • Parcel ID: 1343800
  • Ground Rent Exists: No
Parking
Parking
  • Type Of Parking: On Street
Interior Features
Interior Features
  • Fireplace: No
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Spa: No
  • Exterior Features: Street Lights, Sidewalks
  • Outdoor Living Structures: Porch(es)
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Utilities: Electric Available, Natural Gas Available, Cable TV Available
  • Heating: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Natural Gas
  • Heating Type: Radiant
  • Heating Fuel: Natural Gas, Other
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Greater Philadelphia Association of REALTORS
  • List Agent URL: www.liveloveathome.com

Property History for 1637 Wakeling Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1637 Wakeling Street

Taxable ValueLand$45,780Additions$183,120Total$228,900
Tax Record2023$3,204 ($267 / month)
Home Facts
Total Finished SqFt1,892 SqFtAbove Grade Finished SqFt1,892 SqFtStories3Lot Size1,954 SqFtStyleMulti-Family Dwelling (2-4)Year Built1897ZoningRSA3CountyPHILADELPHIAAPN62-2-0016-00

Schools near 1637 Wakeling Street

This home is within Philadelphia City School District.
Rating
School
Type
Grades
Distance
Public - 5 to 8
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Conwell Russell Middle School
Public5 to 8

Harding Warren G Middle School
Public6 to 8

Frankford High School
Public9 to 12

Philadelphia Learning Academy - North
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Neighborhood Map and Transit

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX @ HOME

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.