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Backup Offers

1637 Wakeling St, Philadelphia, PA, 19124

$235,000

Home List Price

$2,791*

Closing Credit

0 Baths
1,892 SqFt
$124/SqFt
Multi
Schools Nearby

Location

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1637 Wakeling St, Philadelphia$235,000

Buyer Closing Credits

$2,791*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingOn Street
Year Built1897
HeatingRadiant
CoolingCentral Air
BasementYes
MLS #PAPH2353576
Lot Size0.04 Acres
StatusAccepting Backup Offers
(ACTIVE UNDER CONTRACT)

About 1637 Wakeling St

Step into the welcoming embrace of the Frankford neighborhood, where a remarkable multi-family property awaits both investors and residents alike. This vacant gem not only promises an exceptional investment opportunity but also a comfortable abode in a bustling community. As you enter you are welcomed by a cozy foyer that is accented with all the original wood work from when the house was originally built and has been kept in great shape. Unit one presents a snug 1 bed 1 bath apartment with a well-appointed kitchen, catering perfectly to individuals seeking cozy living. The basement is also accessible through the 1st floor which can be used for extra storage and even offers a washer and dryer. The 1st floor is complete with the added perk of a fenced-in yard for outdoor leisure and gardening enthusiasts. Meanwhile, unit two offers a generous 2 Bed 1 Bath layout that offers a ton a space and natural light. This home can be the perfect opportunity for an investor looking to add to their rental portfolio or for someone who is looking to lower their living expenses by living in one unit and renting the other unit out. This property is in pristine condition and can be occupied right away getting a return on investment instantly. With an impressive Walk Score of 83, many daily tasks can be easily accomplished without relying on a car. The Transit Score stands at 88, indicating excellent transit options that make getting around convenient for most journeys. Nearby dining options include New China, Lo Chinese Restaurant, Philly Pretzel Factory, and more, ensuring a variety of culinary experiences within reach. Families will appreciate the proximity to schools like School of Faith in God, Mastery Cc Smedley Campus, and Frankford High School. Grocery shopping is convenient with options such as Sugar & Spice, Clarica Mini Market, and F & C Food Market nearby. For commuters, the property is just six minutes away from the MFL Frankford TC to 69th St TC at the Frankford Transportation Center - MFL stop. Outdoor enthusiasts can enjoy nearby parks like White Hall Commons, Frankford Stadium, and Wissinoming Park. Property qualifies for CRA program for a conventional loan with 3% down payment and no mortgage insurance. This Property Qualifies for a 10K Grant as it is in the Majority-Minority Census Grant offered by Prosperity Home Mortgage. Can be used for Closing Costs, Buy Rate Down, etc… 100% Forgivable to All Buyers- Not just First Time, reach out for more information. Nearby, an array of local businesses beckon, from charming cafes to enticing eateries, ensuring convenience at every turn. Commuting is hassle-free, thanks to accessible public transportation options that link you effortlessly to the vibrant attractions of Center City Philadelphia. For healthcare professionals, the proximity to Jefferson Frankford Hospital adds an extra layer of convenience, making it an attractive option for potential renters, such as travel nurses. With endless possibilities for both investment and residency, seize the opportunity to transform this vacant multi-family property into your own haven. Reach out to us today for more details or to arrange a viewing and be part of the excitement in this thriving Philadelphia neighborhood!

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1897
  • Living Area: 1,892 SqFt

Listing Office:

  • Office Name: RE/MAX @ HOME
  • Office Phone: (215) 607-3535
  • Listing Agent: Maria Maria Quattrone Quattrone

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Wood, Ceramic Tile

Exterior Features

Exterior Information:

  • Exterior: Street Lights, Sidewalks

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.04 Acres

Utilities

Utilities Information:

  • Heating: Radiant
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Frankford High School, Public District Grades 9-12
  • Warren G. Harding Middle School, Public District Grades 6-8
  • Mastery Charter School - Smedley Elementary, Public Charter Grades KG-6

Other

Directions Information:

  • Directions: Coming from the west side of Frankford Ave go straight, and turn right to Wakeling St. The property will be on the left. Corner property between Wakeling St and Darrah St.

Municipality:

  • Philadelphia

Price Information

Listing Price Info

Price Summary:

  • List Price: $235,000
  • Price Per SqFt: $124/SqFt

Tax Information:

  • Annual Amount: $1,422
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Philadelphia, PA.

Med. Sold Price

$258.8K

Med. Price/SqFt

$196

Avg. Days On Market

50

# of Sold Homes

960

1637 Wakeling St vs Philadelphia

14 DAYS ON ROCKET

-36 Days

$235,000

-$23.8K Less

$124/SqFt

-$72 Less

KEY TAKEAWAY

This property is $23.8K less than the Median Sold Price and $72/SqFt less than other homes in Philadelphia, PA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #PAPH2353576

Listing Office:

  • Office Name: RE/MAX @ HOME
  • Office Phone: (215) 607-3535
  • Listing Agent: Maria Maria Quattrone Quattrone

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. 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. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/28/2024, 2:20:45 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 06, 2016Home Sold
$100,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,422 -
2019$1,364$97,500
2018$1,237$88,400
2017$1,237$88,400

History based on county public records data.

Payment Calculator

$1,240

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$771

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3740766
4
/10
  • Mastery Charter School - Smedley Elementary

  • 1790 Bridge St

  • 0.27 miles

  • Public Charter Grades KG-6

Middle School

school-card-donut-3740767
4
/10
  • Warren G. Harding Middle School

  • 2000 Wakeling St

  • 0.54 miles

  • Public District Grades 6-8

High School

school-card-donut-3740768
3
/10
  • Frankford High School

  • 5000 Oxford Ave

  • 0.35 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $22,818. Residents of Philadelphia, PA typically earn less than $35k each year. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas


Rocket Homes›Pennsylvania›Philadelphia County›Philadelphia›19124›1637 Wakeling St

This home is located at 1637 Wakeling St in Philadelphia, PA and zip code 19124 in the Frankford neighborhood. This 1,892 square foot home, which was built in 1897, sits on a 0.04 acre lot. It has been listed on Rocket Homes since May 13, 2024 and is currently priced at $235,000.

Philadelphia, PA housing market in April 2024 saw over 242 listings sold above listed price, more than 216 sold at listed price and over 502 sold below. The number of listings in Philadelphia, PA increased by 9.8% between March 2024 and April 2024. While the average time on the market in April 2024 was 50 days, the median list price was $258,806.

From Rocket Homes Real Estate and based on county public records data.

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