3937 TERRACE ST new to site

Philadelphia,PA 19128

$ 950000

- Bed

- Bath

3920 SqFt


Key Details

Property Type Multi-Family, Townhouse

Sub Type End of Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 3,920 sqft

Price per Sqft $242

Subdivision Manayunk

MLS Listing ID PAPH2526538

Style AirLite

Abv Grd Liv Area 3,920

Year Built 1940

Annual Tax Amount $8,379

Tax Year 2025

Lot Size 1,420 Sqft

Acres 0.03

Lot Dimensions 19.00 x 75.00

Property Sub-Type End of Row/Townhouse

Source BRIGHT

Property Description

Welcome to approximately 3,920 sf full of high-quality spaces and opportunity. You cannot miss 3937 Terrace if passing by its beautiful green exterior, situated on the corner of Markle St and Terrace St. The amount of love and care put into this home in recent years makes this a lucky chance for this year's Manayunk buyers.

Fully equipped with 3 spaces, the first floor is connected to the main garage, 1 of 4. This space could be converted into an office due to its CMX1 zoning, or could remain a studio space to rent out. The second floor boasts a massive living/entertaining space with a fully redone kitchen, as well as a balcony. The two bedrooms on this floor are truly spacious with great closet space.
The third unit is simply the showpiece of 3937 Terrace. Not only does it host about 1,600 sf of space, it has a stunning kitchen with natural light pouring in from the sky, and a solarium atop the entire building! Do not fear the stairs, as the building has an elevator that goes from the garage level all the way up to the solarium, stopping on every floor.

This home could be an incredible income opportunity with a cap rate around 6.1%, or even a rare family suite living situation. Schedule your showing today!

Location

State PA

County Philadelphia

Area 19128 (19128)

Zoning CMX1

Interior

Hot Water Natural Gas

Heating Central

Cooling Central A/C

Inclusions Stoves, dishwashers, washers, dryers, refrigerators, cooktop, oven

Fireplace N

Heat Source Natural Gas

Exterior

Parking Features Inside Access

Garage Spaces 4.0

Water Access N

Accessibility Elevator

Attached Garage 4

Total Parking Spaces 4

Garage Y

Building

Foundation Stone

Sewer Public Sewer

Water Public

Architectural Style AirLite

Additional Building Above Grade,Below Grade

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 883727000

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Financing Cash,Conventional

Special Listing Condition Standard

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