1230-36 Wallace Street, Philadelphia, PA 19123-2410 $769,900

Beds/Baths: 5/3
Interior Sq. Ft: 2,160
Acreage: 0.05
Age:105 years
Style:
Straight Thru
MLS#: PAPH2493172
Subdivision: West Poplar
Design/Type:
End of Row/Townhouse

Description

MOVE-IN READY HOME + DEVELOPMENT OPPORTUNITY IN RED-HOT WEST POPLAR Unlock the potential of this rare 4-lot assemblage in one of Philadelphia’s fastest-growing neighborhoods. This unique package includes a spacious, double-wide, and newly refreshed 5BR / 3BA townhome ... perfect for immediate occupancy or rental income ... plus two adjacent, buildable lots with active subdivision and variance efforts already underway (documents available upon request). Ideal for investors, developers, or entrepreneurial owner-occupants, this property offers multiple exit strategies: build new townhomes or multi-family units, live in the existing home while developing the lots, or hold and stabilize for long-term appreciation. The home is fully turn-key and ready to generate cash flow on day one. Moreover, the site sits alongside a full-length Land Bank parcel, adding value and flexibility, especially in light of new City housing incentives, grant opportunities, and expedited zoning processes. With its prime location, scale, and development potential, this is a rare opportunity in West Poplar that checks all the boxes for ROI and future growth. Savvy buyers: run the numbers, walk the site, and act fast ... as this opportunity won’t last long.

Taxes: $6,005
Home Assoc: No
Condo Assoc: No
Garage: N
Basement: Y
Pool: No Pool
School Dist: Philadelphia City

Features

Utilities
Heat Pump - Gas BackUp, Natural Gas, Central A/C, Natural Gas, Hot Water - Electric, Public Water, Public Sewer, 200+ Amp Service

Garage/Parking
On Street

Interior
Full Basement

Exterior
Concrete Perimeter Foundation, Flat Roof, Masonry

Contact Information

Listing Courtesy of: HomeZu by Simple Choice , (855) 885-4663, support@simplechoicerealty.com

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Listing data as of 6/23/2025.