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1613 Wolf Street, Philadelphia, PA 19145
$350,000
1613 Wolf Street, Philadelphia, PA 19145View this property at 1613 Wolf Street, Philadelphia, PA 19145
1613 Wolf StreetPhiladelphiaPA19145
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Property Description
This commercial mixed-use property offers versatile opportunities for various business endeavors. The first floor boasts a spacious office space with a kitchen and half bathroom, currently utilized for personal use. It was was once used as a professional office space. With appropriate use variances, it can easily be adaptable for professional purposes such as a variety store, restaurant, a second apartment or other commercial ventures. On the second floor, there's a spacious two bedroom apartment with a separate living room, kitchen and full bathroom. Additionally, the convenience of a washer and dryer in the kitchen adds value to the living space. Currently, there's a tenant occupying the apartment on a month-to-month lease, paying $1,000 monthly. The tenant is responsible for covering all utilities, making this an appealing investment opportunity with immediate rental income. With its flexible layout and established rental income, this property presents an attractive option for investors or business owners seeking a versatile commercial space. Finally, the first floor has interior access to a finished basement, further enhancing its appeal and potential uses by providing extra space for storage, additional office space, or even potential expansion of the living area. This feature adds to the property's versatility and value, making it an even more attractive investment opportunity for prospective buyers or business owners looking to maximize space utilization.
Full Property Details
Full Property Details for 1613 Wolf St
General
- Price: $350,000
- Taxes: $3,939 (2023)
- Status: Active
- Type: Commercial
- MLS ID: PAPH2338880
- Updated: 5/18/2024
- Added to Site: 75 day(s) ago
Business
- Business Type: Professional
Parking
- Parking Type: None
Location
- Area: 19145 (19145)
- Municipality: PHILADELPHIA
- County: Philadelphia
- Driving Directions: Wolf and Bancroft Streets
Heating & Cooling
- Cooling Type: None
- Heating Type: Baseboard - Hot Water
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Masonry
- Foundation: Concrete Perimeter
- Stories/Levels: 0
- Year Built: 1920
- Year Built Source: Assessor
- Property Condition: Good
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 0.02
- Lot Size (Sq. Ft.): 960
- Lot Size Source: Assessor
- Lot Dimensions: 16.00 x 60.00
- Zoning: CMX1
Financial Considerations
- Price Per Sq. Ft.: $218.75
- Assessment Year: 2023
- School Tax: $2,161
- City/TownTax: $1,777
- City/TownTax Freq: Annually
- Tax w/Assessment: $281,400
- Tax Amount: $3,939
- Tax Year: 2023
Disclosures and Reports
- Buyer’s Brokerage Compensation: 3%
- Ownership: Fee Simple
- Inclusions: Refrigerators, washer, dryer
- Investment: Yes
- Lot Number: 131
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Schools
Schools serving 1613 Wolf St
School District:The School District Of Philadelphia
Rating | Name | Grades | Distance |
---|---|---|---|
1800 Snyder Ave, Philadelphia, PA 19145 | K-4 | 0.2 mi | |
Universal Vare Charter School
2100 S 24th St, Philadelphia, PA 19145 | 5-8 | 0.7 mi | |
Universal Audenried Charter School
3301 Tasker St, Philadelphia, PA 19145 | 9-12 | 1.5 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1613 Wolf St
Date
Details
Price
Change
Source
4/29/2024
Price Reduced
$350,000
-15.66%
MLS
4/03/2024
Listed
$415,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1613 Wolf St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$3,939
—
$281,400
—
2022
$3,939
37%
$281,400
100%
2018
$2,867
-1%
-100%
2020
$2,895
1%
$206,800
1%
2019
$2,867
3%
$204,800
3%
2018
$2,784
-14%
$198,900
-14%
2017
$3,236
—
$231,200
—
2016
$3,236
4%
$231,200
—
2015
$3,098
—
$231,200
—
2014
$3,098
154%
$231,200
1753%
2013
$1,219
—
$12,480
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1613 Wolf St
1613 Wolf Street, Philadelphia, PA 19145 (MLS# PAPH2338880) is a Commercial property. 1613 Wolf Street is currently listed for $350,000 and was received on April 03, 2024. This property is listed by Bill Furia from our Media Office.Want to learn more about 1613 Wolf Street? Do you have questions about finding other Commercial real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.