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$300,000
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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
- Sold For: $300,000
- Taxes: $3,939 (2023)
- Status: Closed
- Type: Duplex
- Source: BrightMLSPhilly
- MLS ID: PAPH2339292
- Added to Site: 779 day(s) ago
Parking
- Parking Type: None
Location
- Area: 19145 (19145)
- Municipality: PHILADELPHIA
- County: Philadelphia
- Development Name: Melrose
- Subdivision: Melrose
- Driving Directions: Corner of Bancroft and Wolf Streets, Between 16th and 17th
School Information
- School District: The School District Of Philadelphia
Heating & Cooling
- Cooling Type: None
- Heating Type: Baseboard - Hot Water
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Private Sewer
- Water: Public
Structural Information
- Architectural Info: Straight Thru
- Architectural Style: Straight Thru
- Structure Type: End of Row/Townhouse
- Construction: Masonry
- Foundation: Concrete Perimeter
- Stories/Levels: 0
- Square Feet: 1,600
- Sq. Ft. Source: Assessor
- Living Area: 1,600 Sq. Ft.
- Finished Above Grnd: 1,600 Sq. Ft.
- Year Built: 1920
- Year Built Source: Assessor
Unit Information
- 2 Bedroom Units: 1
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.: $209.38
- 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
- Terms: Standard Sale
- Tax Total Finished Sq. Ft.: 1600
Disclosures and Reports
- Ownership: Fee Simple
- Exclusions: Personal Property, washer and dryer
- Inclusions: Refrigerators
- Lot Number: 131
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Schools
Schools serving 1613 Wolf St
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
Girard Stephen School 1800 Snyder Avenue, Philadelphia, PA 19145 | K-4 | 0.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions 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
10/02/2024
Sold
$300,000
-10.45%
MLS
7/18/2024
Price Reduced
$335,000
-4.29%
MLS
4/29/2024
Price Reduced
$350,000
-15.66%
MLS
4/04/2024
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.
1613 Wolf Street, Philadelphia, PA 19145 (MLS# PAPH2339292) is a Duplex property that was sold at $300,000 on October 02, 2024. This property was listed by William "Bill" Furia from our Media Office.Want to learn more about 1613 Wolf Street? Do you have questions about finding other Duplex real estate for sale in Center City East? You can browse all Center City East real estate or contact a Coldwell Banker agent to request more information.


