Under Contract

MLS: #PAPH2612706, Listed By: Stephanie MacDonald, Compass Pennsylvania, LLC, Source:Bright MLS

502 S 4th Street

PHILADELPHIA, PA 19147
Mark as Favorite
Bed 2

Bed

Bath 0

Bath

SqFt3,424

Sqft

Acres0.02

Acre(Lot)

Great opportunity to own a 4 Unit Corner building (over 3,400 sf.) in prime Society Hill location. Corner spacious studio flooded with light rented for $1,100; Bilevel unit 1 bed/ 1.5 baths recently vacant was rented for $1325; second floor 1 bed/ 1 bath rented for $1,300. Rents are below market. Unit 4 needs to be completely rebuilt offering flexible layout and huge potential for value add investors or developers. It is almost 1700 sf of space and would make an ideal owners unit occupying the top two floors of the building- plans available to make a 3 bedrooms/2.5 bath bright corner unit with windows on two sides, laundry, in unit, spacious open kitchen, plus roof access for fabulous city views and potential for a roof deck. - All UTILITIES SEPARATED - Tenants pay own electric and gas. 4 gas furnaces and 4 newer gas hot water heaters (2018, 2019, 2021, 2021) plus one for laundry. Landlord pays only cold water and common electric. Low vacancy and always easy to rent in this Premier location. Coin op washer and dryer in basement provides additional $1,000 yearly income. Convenient to hospitals, restaurants, shops, with easy access to NJ, plus McCall Elementary catchment. Taxes and square footage are buyers responsibility to verify.

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Detail Ic Property Details

Property Type : Residential Income

Price : $899,000

AD Id : 77760336

MLS Id : PAPH2612706

Beds : 2

Lot Size : 0.02 Acre

Living Area Size : 3,424

Year Built : 1920

County : PHILADELPHIA

Subdivision: Society Hill

  • Map Map

Map

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Feature Features

  • Bedroom Information

    Total beds: 2

    Room Information

    Has Basement: Yes Basement: Full, Interior Entry
  • Flooring Information

    Hardwood, Carpet, Ceramic Tile
  • Roofing Information

    Rubber, Flat
  • Interior Features

    Built-in Features Roof: Rubber, Flat Appliances: Oven, Gas Range, Gas Oven, Cooktop, Gas Water Heater, Exhaust Fan, Refrigerator, Stainless Steel Appliance(s), Washer, Water Heater, Microwave
  • Heating & Cooling

    Has Heating: Yes Heating: Exhaust Fan, Natural Gas, Hot Water Has Cooling: Yes Cooling: Ceiling Fan(s), Window Unit(s), Electric

  • Building Information

    Year Built: 1920 Building Area Total: 3424 Construction Materials: Brick Pool Features: None Private Pool: No View: City, Street
  • Exterior Features

    Exterior Features: Lighting

  • Lot Information

    Lot Dimensions: 15.00 x 52.00 Lot Size Acres: 0.02 Lot Size Source: Estimated Lot Size Square Feet: 780 Lot Description: Corner Lot

    Property Information

    Subdivision: SOCIETY HILL Source Property Type: Residential Income Postal Code Plus 4: 1507 Property SubType: Quadruplex Property Age: 106

  • Listing Price Information

    Listing Price: $899000

  • Tax Information

    Parcel Number: 051079600 Tax Lot: 331 Tax Year: 2026 Annual Tax: $11786

  • Parking Information

    On Street

  • School Information

    Elementary School: GENERAL GEORGE A. MCCALL
    Junior High School:
    Senior High School:
  • Utility Information

    Cable Available
  • Location Information

    Direction: South on 4th. Property on corner of 4th and Lombard. Aka 402 Lombard St. WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
129 Bainbridge Street, Philadelphia, PA, 19147 $1,200,000 4 -- 3,526 3,526 SqFt
1402 S 2nd Street, Philadelphia, PA, 19147 $475,000 4 -- 2,235 2,235 SqFt
1230 S 2nd Street, Philadelphia, PA, 19147 $1,300,000 4 -- 1,728 1,728 SqFt
788 S 2nd Street, Philadelphia, PA, 19147 $685,000 5 -- 2,113 2,113 SqFt
1228 S 2nd Street, Philadelphia, PA, 19147 $1,300,000 6 -- 2,457 2,457 SqFt
1231 S Philip Street, Philadelphia, PA, 19147 $1,300,000 2 -- 1,440 1,440 SqFt
618 S 3rd Street, Philadelphia, PA, 19147 $595,000 3 -- 1,702 1,702 SqFt
622 S 3rd Street, Philadelphia, PA, 19147 $699,900 6 -- 2,694 2,694 SqFt
319 Wharton Street, Philadelphia, PA, 19147 $550,000 3 -- 1,968 1,968 SqFt
815 S 4th Street, Philadelphia, PA, 19147 $650,000 2 -- 2,430 2,430 SqFt

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ByOwner last updated this listing 06/18/2026 @ 15:52

MLS: PAPH2612706 LISTED BY: Stephanie MacDonald, Compass Pennsylvania, LLC 610-822-3356 SOURCE: Bright MLS

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