2206 WALLACE ST Pending Save Request In-Person Tour Request Virtual Tour
Philadelphia,PA 19130
Key Details
Property Type Multi-Family, Townhouse
Sub Type Interior Row/Townhouse
Listing Status Pending
Purchase Type For Sale
Square Footage 2,286 sqft
Price per Sqft $343
MLS Listing ID PAPH2421976
Style Other
Abv Grd Liv Area 2,286
Originating Board BRIGHT
Year Built 1920
Annual Tax Amount $8,589
Tax Year 2024
Lot Size 1,235 Sqft
Acres 0.03
Lot Dimensions 19.00 x 65.00
Property Description
Located on a picturesque tree-lined block in the heart of Spring Garden, this classic Victorian twin offers an incredible investment opportunity in one of Philadelphia's most desirable neighborhoods. Currently configured as a duplex, the property features two fully functional apartments: an ideal setup for generating steady rental income, with the option to live in one unit while renting the other or converting the building back into a 4-bedroom, 3-bath single-family home. The home's historic charm is evident in its Georgian Revival brick façade, marble steps, and original cornice. The first-floor unit boasts an open layout with crown molding, original wood floors, a decorative marble mantle, and large windows that invite soft, natural light. It includes a modern kitchen with butcher block countertops, stainless steel appliances, and custom built-ins, as well as a dining room with floor-to-ceiling windows opening onto a private bricked patio—perfect for outdoor entertaining. The spiral staircase leads to a loft-style primary bedroom with an en suite bath, while the finished lower level offers a full bath, laundry, and flexible bonus space. The upper bi-level unit features a bright living and dining area, a well-appointed kitchen, two generously sized bedrooms, a full bath, and exclusive access to a custom-designed roof deck nestled among mature trees. Shared hall laundry and a well-maintained basement with mechanical systems add convenience. Steps from Fairmount Avenue's vibrant commercial corridor, with easy access to Center City, University City, and cultural landmarks like the Art Museum and upcoming Calder Museum, this property combines prime location, versatile use, and strong income potential—a must-see for savvy investors.
Location
State PA
County Philadelphia
Area 19130 (19130)
Zoning RSA5
Rooms
Basement Other
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Flooring Wood,Fully Carpeted,Vinyl
Fireplace N
Heat Source Natural Gas
Exterior
Water Access N
Roof Type Flat
Accessibility None
Garage N
Building
Foundation Stone
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade,Below Grade
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 152081300
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
Special Listing Condition Standard