$960,000
$979,900
2.0%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
3 Baths
2,860 SqFt
SOLD DATE : 09/27/2024
Key Details
Sold Price $960,000
Property Type Townhouse
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 2,860 sqft
Price per Sqft $335
Subdivision Art Museum Area
MLS Listing ID PAPH2321022
Sold Date 09/27/24
Style Traditional
Bedrooms 4
Full Baths 3
HOA Y/N N
Abv Grd Liv Area 2,860
Originating Board BRIGHT
Year Built 1860
Annual Tax Amount $9,641
Tax Year 2023
Lot Size 1,365 Sqft
Acres 0.03
Lot Dimensions 20.00 x 70.00
Property Description
With its rich history, blend of original features, and modern upgrades, this exquisite historic townhouse offers endless possibilities for both investors and owner-occupiers alike. Within walking distance of the Benjamin Franklin Parkway, this property is located close to some of the best things that Philadelphia has to offer ... Museums, Fairmount Park and many fine restaurants!
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This circa 1860 townhouse offers a unique blend of historic charm and modern conveniences, making it a versatile property with many possibilities for potential buyers. Here are some highlights and potential uses:
ORIGINAL FEATURES:
Hardwood pine floors, crown moldings, fireplace and exposed brick walls and beams add character and charm to the home. The four-story handrail adds to the historic ambiance and architectural appeal.
MODERN UPGRADES:
Modern kitchens and bathrooms provide convenience and functionality. Multi-zone HVAC ensures comfort throughout the home. Two irrigation systems assure a steady bloom of your favorite plants. The front irrigation system services the window boxes , ground-level planting beds and the hanging planters on the lampost. A similar system in the rear services the planters on the second floor deck.
HISTORICAL RESTORATION:
The relighting of the original city gaslamp at the front of the house showcases a commitment to preserving historic elements. Approval from the city's historic commission highlights the property's historical significance.
ZONING VARIANCE:
The RSA5 zoning with variance allows for flexible use of the property as a duplex. The potential to operate the first-floor unit as a monthly Airbnb, or long-term rental provides income-generating opportunities.
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POTENTIAL USES:
🔹Single-Family Dwelling🔹:
Easily convert the property back to a single-family dwelling by surrendering the duplex variance.
The first floor could be transformed into an entertainment room with additional bedroom, laundry area, and full bath. Alternatively, use the first-floor unit as a mother-in-law suite, catering to elderly parents with its friendly first-floor layout, self-contained amenities, and sole access to the rear yard and garden.
🔹Short-Term Rental🔹:
Maintain the duplex variance and continue operating the first-floor unit as annual or monthly rental.
The current owner's success with Airbnb rental (averaged $2750 monthly) suggests strong income potential.
🔹Long-Term Rental🔹:
Rent out the first-floor unit on a long-term basis to generate stable rental income.
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Listing Agent is the seller.
Location
State PA
County Philadelphia
Area 19130 (19130)
Zoning RSA5
Direction North
Rooms
Basement Partial, Poured Concrete, Shelving, Unfinished, Windows
Main Level Bedrooms 1
Interior
Interior Features 2nd Kitchen, Ceiling Fan(s), Crown Moldings, Entry Level Bedroom, Built-Ins, Exposed Beams, Floor Plan - Traditional, Formal/Separate Dining Room, Kitchen - Galley, Recessed Lighting, Stain/Lead Glass, Bathroom - Stall Shower, Bathroom - Tub Shower, Walk-in Closet(s), Window Treatments, Wood Floors
Hot Water Natural Gas
Heating Forced Air, Heat Pump - Electric BackUp, Hot Water, Radiant, Radiator, Zoned
Cooling Central A/C
Flooring Hardwood, Marble, Tile/Brick
Fireplaces Number 1
Fireplaces Type Brick, Mantel(s), Screen
Equipment Built-In Microwave, Cooktop, Dishwasher, Disposal, Dryer - Electric, Dual Flush Toilets, Oven - Self Cleaning, Range Hood, Refrigerator, Stainless Steel Appliances, Washer - Front Loading, Washer/Dryer Stacked, Water Heater - High-Efficiency
Fireplace Y
Window Features Double Hung,Screens,Wood Frame,Double Pane
Appliance Built-In Microwave, Cooktop, Dishwasher, Disposal, Dryer - Electric, Dual Flush Toilets, Oven - Self Cleaning, Range Hood, Refrigerator, Stainless Steel Appliances, Washer - Front Loading, Washer/Dryer Stacked, Water Heater - High-Efficiency
Heat Source Electric, Natural Gas
Laundry Has Laundry, Upper Floor, Lower Floor
Exterior
Exterior Feature Deck(s), Patio(s)
Utilities Available Cable TV Available, Electric Available, Natural Gas Available, Sewer Available, Water Available
Water Access N
View City
Roof Type Flat
Accessibility None
Porch Deck(s), Patio(s)
Garage N
Building
Story 4
Foundation Stone
Sewer Public Sewer
Water Public
Architectural Style Traditional
Level or Stories 4
Additional Building Above Grade
Structure Type Dry Wall,Brick,9'+ Ceilings,Beamed Ceilings,Plaster Walls
New Construction N
Schools
School District The School District Of Philadelphia
Others
Senior Community No
Tax ID 152058700
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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Bought with Jesse Frank • KW Empower
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Broker-Owner | Lic# RM423246