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3989 Terrace Street, Philadelphia, PA 19128
$439,990
3989 Terrace Street, Philadelphia, PA 19128View this property at 3989 Terrace Street, Philadelphia, PA 19128
3989 Terrace StreetPhiladelphiaPA19128
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Property Description
This listing offers a fantastic opportunity in Manayunk for someone looking to live upstairs and run their business on the first floor, or to rent out the first floor to a commercial tenant. Situated on the corner of Shurs Ln and Terrace St, this mixed-use property boasts high visibility and was once home to the popular BYOB, Terrace Street Bistro, renowned as one of the best date night spots in Philadelphia. The first floor features a dining area accommodating 20-25 guests, along with a spacious kitchen equipped with commercial-grade appliances such as a gas range and refrigerator, as well as ample workspace, sinks, and prep areas. Additionally, there are two bathrooms located at the rear of the first floor. For storage needs, the basement provides plenty of space and additional room for refrigerators or freezers. Upstairs, accessible via a separate entrance from the rear brick patio, is a vacant two-bedroom apartment that could potentially rent for $1,400 per month. This apartment boasts an eat-in kitchen, two bedrooms, a full bathroom, a laundry closet, and a sizable living room. Located just three blocks away from the bustling Main Street in Manayunk, this property offers better street parking options while still being conveniently situated near popular amenities. It presents an ideal opportunity for a small restaurant, bagel shop, cafe, or any other commercial venture seeking a prime location with both residential and business potential.
Full Property Details
Full Property Details for 3989 Terrace St
General
- Price: $439,990
- Taxes: $2,540 (2023)
- Status: Active
- Type: Duplex
- MLS ID: PAPH2341292
- Updated: 4/17/2024
- Added to Site: 21 day(s) ago
Parking
- Parking Type: On Street
Location
- Area: 19128 (19128)
- Municipality: PHILADELPHIA
- County: Philadelphia
- Driving Directions: Main Street left on Shurs Ln, on the corner of Terrace and Shurs
School Information
- School District: The School District Of Philadelphia
Heating & Cooling
- Cooling Type: Window Unit(s)
- Cooling Fuel: Electric
- Heating Type: Baseboard - Hot Water
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Info: Straight Thru
- Architectural Style: Straight Thru
- Structure Type: End of Row/Townhouse
- Construction: Brick
- Basement: Yes
- Basement Desc.: Unfinished
- Foundation: Stone
- Stories/Levels: 0
- Square Feet: 1,678
- Sq. Ft. Source: Estimated
- Living Area: 1,678 Sq. Ft.
- Finished Above Grnd: 1,678 Sq. Ft.
- Year Built: 1900
- Year Built Source: Estimated
Unit Information
- Other Units: Unit 1, Unit 2
- 2 Bedroom Units: 1
Unit 1
- Unit Description: Unit 1
Unit 2
- Unit Description: Unit 2
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.03
- Lot Size (Sq. Ft.): 1,205
- Lot Size Source: Estimated
- Zoning: CMX1
Financial Considerations
- Price Per Sq. Ft.: $262.21
- Assessment Year: 2023
- School Tax: $1,394
- City/TownTax: $1,146
- City/TownTax Freq: Annually
- Tax w/Assessment: $181,500
- Tax Amount: $2,540
- Tax Year: 2023
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Ownership: Fee Simple
- Lot Number: 62
Listed by EXP Realty, LLC., Daniel Caparo
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Schools
Schools serving 3989 Terrace St
School District:The School District Of Philadelphia
Rating | Name | Grades | Distance |
---|---|---|---|
201 E Salaignac St, Philadelphia, PA 19128 | K-8 | 0.4 mi | |
6498 Ridge Ave, Philadelphia, PA 19128 | 9-12 | 1 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 3989 Terrace St
Date
Details
Price
Change
Source
4/17/2024
Price Reduced
$439,990
—
MLS
4/10/2024
Listed
$440,000
95.56%
MLS
1/31/2008
Sold
$225,000
—
Public Record
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 3989 Terrace St
Year
Property Taxes
Change
Tax Assessment
Change
2021
$2,375
-7%
-100%
2023
$2,541
7%
$181,500
7%
2020
$2,375
1%
$169,700
1%
2019
$2,353
3%
$168,100
3%
2018
$2,286
-56%
$163,300
-56%
2017
$5,255
—
$375,400
—
2016
$5,255
4%
$375,400
—
2015
$5,030
—
$375,400
—
2014
$5,030
89%
$375,400
1280%
2013
$2,658
—
$27,200
—
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 3989 Terrace St
3989 Terrace Street, Philadelphia, PA 19128 (MLS# PAPH2341292) is a Duplex property with 0 bedrooms and 0 full bathrooms. 3989 Terrace Street is currently listed for $439,990 and was received on April 10, 2024. Want to learn more about 3989 Terrace Street? Do you have questions about finding other Duplex real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.