505 South 22nd Street
505 South 22nd Street
$560,000
4
2
2,000
2,000
$280
Closed 10/28/20
Description
Behold, the rare value-add real estate opportunity in the highly coveted Graduate Hospital/Fitler Square section of Philadelphia, Pennsylvania. With approximately 2000 SF of well built space, The Property is ideal for a duplex or single family residence conversion. It's currently set up as a therapist's office with multiple rooms on each floor. The reconstruction of The Property is highly feasible, with an optimal floorplan and plumbing stack already laid out. The Property is zoned RSA5 but configured...Behold, the rare value-add real estate opportunity in the highly coveted Graduate Hospital/Fitler Square section of Philadelphia, Pennsylvania. With approximately 2000 SF of well built space, The Property is ideal for a duplex or single family residence conversion. It's currently set up as a therapist's office with multiple rooms on each floor. The reconstruction of The Property is highly feasible, with an optimal floorplan and plumbing stack already laid out. The Property is zoned RSA5 but configured as a duplex, with 1 unit occupying the 1st floor and finished lower level. The upper unit takes the 2nd and 3rd floors. Lush rear gardens off the 1st floor, and balconies off the 2nd and 3rd floors for private outdoor space on every level. This location is as good as it gets in Philly, straddling 2 of the most desirable residential areas and within a short stroll of Rittenhouse Square and downtown Philly. Also ideal for commuters coming from University City across the South Street Bridge just a few blocks away. Starbucks across the street, Wawa and CVS on the corner. Some of the city's best bars, restaurants, cafes, grocers, shops and parks within a few paces of the front door. Dog park and waterfront easily accessible. The Building is in top condition, under the stewardship of the same Owner for years. And it is a turnkey commercial office building if that's the desired use, with an active variance for the commercial office. However, given the size and location, the best and highest use is a conversion. This is a rare opportunity to flip a house or create an income producing multifamily duplex in between Lombard and South Streets in 19146 and it will not last long, so MAKE YOUR MOVE!
Listing Agent
Property Details for 505 South 22nd Street
Tax ID Number
303094300
OwnershipFee Simple
Condo Coop AssociationNo
HOANo
Structure TypeInterior Row/Townhouse
StyleTraditional
Levels/Stories3
WaterfrontNo
Location
LISTING UPDATED: 08/21/2022 08:12 PM
Property Details for 505 South 22nd Street
Status | Closed |
---|---|
MLS # | PAPH922362 |
Days on Market | 33 |
Taxes | $7,815 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Townhouse |
MLS Type | Residential / Fee Simple |
Year Built | 1920 |
Lot Size | 0.02 AC / 689 SF |
County | Philadelphia County |
Location
Building Information for 505 South 22nd Street
Stories3Residences-Year Built1920Lot Size0.02 AC / 689 SF
Payment Calculator
$3,707 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 505 South 22nd Street
Property History for 505 South 22nd Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 505 South 22nd Street
Taxable ValueLand-Additions-Total-
Tax Record2023$5,106 ($426 / month)
Home Facts
Total Finished SqFt1,365 SqFtAbove Grade Finished SqFt1,365 SqFtStories3Lot Size689 SqFtStyleMulti-Family Res (5+ Units)Year Built1920ZoningRSA5CountyPHILADELPHIAAPN30-3-0943-00Fireplace TypeHas Fireplace
Schools near 505 South 22nd Street
This home is within Philadelphia City School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Greenfield Albert M School PublicK to 8 | ||
Franklin Benjamin High School Public9 to 12 | ||
Creative And Performing Arts Public9 to 12 | ||
Academy At Palumbo 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.
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