518-520 Woodland Terrace
Philadelphia, PA 19104
Listing provided courtesy of: Compass Pennsylvania, LLC
Property Description
Two significant properties on one of University City's most special blocks (one block long Woodland Terrace). Both very spacious. Wonderful character. Currently income producing or renovate into two amazing homes. There is Driveway Parking for several cars plus Rear yards. The driveway is currently on the 518 deed, and could serve both properties with a driveway easement and parking in rear. 518 is Zoned as a Triplex and most recently rented out on one lease as a 9-bedroom home at $5,400/month with tenants paying all utilities. Tenants set to move out this month. 520 is Zoned as a Quadplex and currently set up with two 2BR/2bths (could also be combined as one 4-5BR/4bth), a 2BR/1bth, and a Studio. Gas and Electric fully separated. Fully leased at $4,425/month. All zoning and rental licenses in place. Both properties need renovation. LOCATION--These impressive buildings are situated in an idea location just off the campuses of University of the Sciences and Penn and close to HUP, CHOP, Drexel, Presby, Science Center. 12 minutes to Center City by car or bike and plenty of convenient SEPTA options. Close to so many amenities: Easy walk to Clark Park and its fabulous Farmers' Market, Clarkville, Green Line Coffee, the movie theater, so many restaurants, and Fresh Grocer around 40th & Walnut, and all that University City has to offer. Plus 12 minutes to Center City by car or bike and plenty of convenient SEPTA options (one block from the Green Line hub). Penn Alexander School CATCHMENT. Note: 518 & 520 can also be purchased individually. Each separately offered at $750,000.
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Features:
On Street Public Sewer
| Price: | $1,500,000 |
| Interior (SQFT): | 5,712 |
| Lot Size (SQFT): | 8,276 |
| Property Type: | Commercial Sale |
| Year Built: | 1930 |
| Subdivision: | University City |
Listing provided courtesy of: Compass Pennsylvania, LLC. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. BRIGHT MLS assumes no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Information is deemed reliable but not guaranteed. © 2024 by BRIGHT MLS. All rights reserved. Listing last updated on 04/02/2024 23:07:54
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