Vincent C Volpe
Volpe Real Estate Inc.
Philadelphia, PA
Sales-Rentals-
Property Management 
215-545-5414

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contact@volperealestateinc.com

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Listing 1 out of 148
$735,000 New For Sale

1539 South Street
Philadelphia, PA 19146

Multi Family Home
871 sq ft lot - MLS# PAPH824348
Property Photo
1/26

Description

DUPLEX: Unit A: 1 bed 1.5 Bath and Unit B: 2 (could be 3) Bed and 2 Bath. Owner purchased property in 2004 and have resided here since. DUPLEX - Each unit has a separate entrance. Unit A is ground floor & basement. Unit B is 2nd & 3rd floors. Unit B (current owner's unit) is a bi-level 2-bedroom, 2 bathrooms with office/loft and deck. Potential for addition of third bedroom where office/loft is currently. Market rent for Unit B conservatively estimate at $2, 500 as-is.Unit A is a bi-level one bedroom, 1.5 bathroom with den and patio. Kitchen, laundry room, and powder room in basement. Unit A currently rented through March 2020 for $1, 575 / month. If both parties agree, lease auto renews with a 5% increase. Since acquisition, owner has invested over $200, 000 in maintenance, repairs & property improvements. Summary of work performed:Unit A: New front and rear doorsFrench drain & sump pump installed basement (2009)Slate floor installed basement/kitchen (2009)Renovated power room (2009)New kitchen appliances refrigerator & dishwasher, stainless steel (2019)New bathroom (2018)Upgraded LED high hats (2019)New floors 1st floor, wood laminate (2018)New paint throughout (2018)Private back door entrancePrivate PatioUnit BAll new windows / sliding glass patio doorNew front doorHardwood floors throughout except 2nd bedroomNew carpet 2nd bedroomBuilt in custom cabinets 2nd bedroomPaint throughout (2018)Renovated Kitchen (2018)oGranite counter top Stainless steel appliances Dark wood cabinetsRenovated bathrooms (2009 & 2018)oSteam room showerRoof Repairs (2018 most recent)Replaced HVAC system (2010)Replaced Hot Water Heater (2008)Private outdoor deck - 3rd story. What I love about this home: Everything. This was my personal residence for 15 years and I made every improvement to owner's unit that I wanted. I Love the location and this block is blowing up with the new Royal Theater development (68 apartments & retail - opening in the spring) / New Jet Wine Garden. This neighbor has been on a tear for the last 20 years and it's only improving every year. Half a block to both Miles Table & Little spoon -neighborhood favorites. New retail coming to 16th & South Street. Huge and well funded master development plan (Retail/Parking/Luxury Multifamily) coming to 1500 Block of South Street (Former Site of Charter School - Corner of Broad & South St). Just a few blocks walk from Rittenhouse Square and 1.5 blocks to the Broad Street Orange Subway Line Station (6 stops to the stadiums).

Features

  • Property Type: Multi Family Home
  • Sub Type: Duplex, Row/Townhouse
  • Listing Status: Active
  • County/Area: Philadelphia County
  • Zip Code: 19146
  • Year Built: 1915
  • Subdivision/Neighborhood: Graduate Hospital
  • School District: The School District Of Philadelphia
  • Sq.Ft.: 2,084 sq ft
  • Basement: Yes
  • Lot Size: 871 sq ft lot
  • Accessibility: 2+ Access Exits
  • Zoning: CMX2
  • Above Grade Fin SQFT: 2,084
  • Above Grade Fin SQFT Source: Assessor
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Fin SQFT Source: Assessor
  • Below Grade Finished Area Units: Square Feet
  • Below Grade Unfin Area Units: Square Feet
  • Below Grade Unfin SQFT Source: Assessor
  • Building Units Total: 2
  • Central Air Y/N: Yes
  • Construction Materials: Masonry
  • Cooling: Electric, Natural Gas
  • Cooling Type: Central A/C
  • Directions: On South Street between 15 and 16 on North side of street.
  • Ground Rent Exists Y/N: Yes
  • Ground Rent Years Remaining: $1
  • Heating: Electric, Natural Gas
  • Heating Type: Forced Air, Central
  • Heating Y/N: Yes
  • Hot Water: Electric
  • Improvements: Above Grade, Below Grade
  • Income Expense List: Annual Ground Rent
  • Land Use Code: U50
  • Lot Dimensions: 16.00 x 54.41
  • Lot SQFT: 871
  • Lot Size Source: Assessor
  • Lot Size Units: Square Feet
  • One Bedroom Units Count: 1
  • Ownership Interest: Fee Simple
  • Photo Option: Lister Will Upload All
  • SchoolDistrictSource: Listing Agent
  • Sewer Septic: Public Sewer
  • Tax Annual Amount: 8471.87
  • Tax Total Finished SQFT: 2,084
  • Tax Year: 2019
  • Total Below Grade SQFT Source: Assessor
  • Total Finished SQFT: 2,084
  • Total Finished SQFT Source: Assessor
  • Total SQFT Source: Assessor
  • Two Bedroom Units Count: 1
  • Type Of Parking: On Street
  • Units Leased Count: 2
  • Water Source: Public
  • Year Built Source: Public Records
Courtesy of Keller Williams Main Line Realty

Vincent Volpe
Volpe Real Estate INC.

701 S. 20th St.
Philadelphia, PA 19146
Phone: 215-545-5414
Email: Vinnycvolpe@icloud.com

Testimonials

She is very helpful wil all of your Real Estate needs throughout the philadelphia area. Linda is part of a family run business in the heart of graduate hospital area and the company's service is impeccable. (Something impossible to find in Philly). If you can rent from Volpe DO IT!! user5253380
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