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1613 Wolf Street

Philadelphia, PA 19145

– beds
– baths
1,600 sqft
960 sqft lot
$218 per sqft
1920 build

This commercial mixed-use property offers versatile opportunities for various business endeavors. The first floor boasts a spacious office space with a kitchen and half bathroom, currently utilized for personal use. It was was once used as a professional office space. With appropriate use variances, it can easily be adaptable for professional purposes such as a variety store, restaurant, a second apartment or other commercial ventures. On the second floor, there's a spacious two bedroom apartment with a separate living room, kitchen and full bathroom. Additionally, the convenience of a washer and dryer in the kitchen adds value to the living space. Currently, there's a tenant occupying the apartment on a month-to-month lease, paying $1,000 monthly. The tenant is responsible for covering all utilities, making this an appealing investment opportunity with immediate rental income. With its flexible layout and established rental income, this property presents an attractive option for investors or business owners seeking a versatile commercial space. Finally, the first floor has interior access to a finished basement, further enhancing its appeal and potential uses by providing extra space for storage, additional office space, or even potential expansion of the living area. This feature adds to the property's versatility and value, making it an even more attractive investment opportunity for prospective buyers or business owners looking to maximize space utilization.

Listing courtesy of BRIGHT / Coldwell Banker Realty

Last checked: Checking… • Last updated Apr 29, 2024 •

MLS# PAPH2339292 —

The Building

Year Built:

1920
Year Built Source:

Assessor
New Construction:

No
Construction Materials:

Masonry
Structure Type:

End of Row/Townhouse
Architectural Style:

Straight Thru
Building Units Total:

2
Accessibility Features:

None
Foundation Details:

Concrete Perimeter
Total SqFt Source:

Assessor
Total Below Grade SqFt Source:

Assessor
Tax Total Finished SqFt:

1600

Interior

Fireplace:

No
Living Area SqFt Source:

Assessor

Room Dimensions

Total SqFt:

1600
Living Area SqFt:

1,600 Sqft

Financial & Terms

Sale Type:

Standard
Acceptable Financing:

Conventional, Cash, FHA, Other
Possession:

Settlement

Location

Directions:

Corner of Bancroft and Wolf Streets, Between 16th and 17th
Latitude:

39.92253494
Longitude:

-75.17391968

The Property

Property Type:

Multi-Family
Property Subtype:

Duplex
Lot Size Units:

Square Feet
Lot Size Acres:

0.02
Lot Size Source:

Assessor
Lot Size Dimensions:

16.00 x 60.00
Lot Dimensions Source:

Assessor
Lot SqFt:

960 Sqft
Inclusions:

Refrigerators, washer and dryer
Exclusions:

Personal Property
Zoning:

CMX1
Zoning Description:

Commercial mixed use. 1st floor set up as an office and 2nd floor is an apartment.
Other Structures:

Above Grade, Below Grade
Water View:

No
Waterfront:

No
Water Oriented:

No
Water Access:

No
Navigable Water:

No
Tidal Water:

No
Land Use Code:

S30
Riparian Rights:

No

Listing Agent

Contact info:

Taxes

Tax ID Number:

871534290
Tax Year:

2022
Tax Lot:

131
Tax Annual Amount:

$3,939
Tax Assessed Value:

$281,400
Year Assessed:

2023
School Tax:

2161.0
City/Town Tax:

1777.00
Total Taxes Payment Frequency:

Annually

The Listing

Buyer's Brokerage Compensation:

3%
Buyer Agency Comp Type:

% Of Gross
Buyer Agency Comp Selection:

Percent

Heating & Cooling

Cooling Type:

None
Central Air:

No
Cooling Fuel:

None
Heating:

Yes
Heating Type:

Baseboard - Hot Water
Heating Fuel:

Natural Gas

Utilities

Sewer/Septic:

Private Sewer
Hot Water:

Natural Gas
Water Source:

Public

Schools

School District Name:

Philadelphia City
School District Source:

Listing Agent

The Community

Subdivision Name:

Melrose
Pool:

No Pool

Parking

Garage:

No
Type of Parking:

None

Extra Units

# of Units:

1
Vacation Rental:

No
Two Bedroom Units:

1

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
4/29/24 Apr 29, 2024	Price Changed	BRIGHT	$350,000	-15.7%
4/4/24 Apr 4, 2024	Listed / Active	BRIGHT	$415,000

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This multifamily located in South Philadelphia, Philadelphia, PA 19145 is currently for sale for $350,000. 1613 Wolf Street is a 1,600 square foot multifamily with – beds and – baths. 1613 Wolf Street is in the South Philadelphia neighborhood of Philadelphia and has a WalkScore® of 93, making it a walker’s paradise. This multifamily is in the attendance area of Stephen Girard School, Universal Vare Charter School, and Universal Audenried Charter School.

Listing Courtesy of: BRIGHT and Coldwell Banker Realty.

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 and Estately assume 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.
The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.