Patterson-Schwartz Real Estate2206 Wallace Street, Philadelphia, PA 19130-3126 $785,000
Interior Sq. Ft: 2,286
Acreage: 0.03
Age:104 years
Taxes: $8,589
Design/Type:
Interior Row/Townhouse
Description
Located on a picturesque tree-lined block in the heart of Spring Garden, this classic Victorian twin offers an incredible investment opportunity in one of Philadelphia’s most desirable neighborhoods. Currently configured as a duplex, the property features two fully functional apartments: an ideal setup for generating steady rental income, with the option to live in one unit while renting the other or converting the building back into a 4-bedroom, 3-bath single-family home. The home’s historic charm is evident in its Georgian Revival brick façade, marble steps, and original cornice. The first-floor unit boasts an open layout with crown molding, original wood floors, a decorative marble mantle, and large windows that invite soft, natural light. It includes a modern kitchen with butcher block countertops, stainless steel appliances, and custom built-ins, as well as a dining room with floor-to-ceiling windows opening onto a private bricked patio—perfect for outdoor entertaining. The spiral staircase leads to a loft-style primary bedroom with an en suite bath, while the finished lower level offers a full bath, laundry, and flexible bonus space. The upper bi-level unit features a bright living and dining area, a well-appointed kitchen, two generously sized bedrooms, a full bath, and exclusive access to a custom-designed roof deck nestled among mature trees. Shared hall laundry and a well-maintained basement with mechanical systems add convenience. Steps from Fairmount Avenue’s vibrant commercial corridor, with easy access to Center City, University City, and cultural landmarks like the Art Museum and upcoming Calder Museum, this property combines prime location, versatile use, and strong income potential—a must-see for savvy investors.
Home Assoc: No
Condo Assoc: No
Basement: Y
Pool: No Pool
Features
Utilities
Forced Air Heating, Natural Gas, Central A/C, Electric, Hot Water - Natural Gas, Public Water, Public Sewer, 100 Amp Service
Garage/Parking
None
Interior
Fully Carpeted Flooring, Vinyl Flooring, Wood Flooring
Exterior
Stone Foundation, Flat Roof, Masonry, Sidewalks, Street Lights
Select a school from the following list. Schools are grouped by school type.
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Proximity does not guarantee enrollment eligibility. Please contact the school directly for more information on enrollment requirements.
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Public Elementary (153 schools)
Public Middle (27 schools)
Public High (64 schools)
Private (118 schools)
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This report is a detailed community overview for Philadelphia (19130), Pennsylvania.
Community Quick Facts
- Average travel time to work for people in this community: 31
- Average salary of people in this community: $78,532
Community Summary
- Population Density (ppl / mile): 19,629
- Household Size (ppl): 1.92
- Households w/ Children: 20%
Housing Inventory
- Owned: 5,727 (36.9%)
- Rented: 7,949 (51.2%)
- Vacant: 1,858 (12.0%)
- Total: 15,534
Population Demographics
The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.
Climate and Weather
The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.
Temperature
Education
Highest Level of Education Attained
- Less than 9th Grade: 1.7%
- Some High School: 2.2%
- High School Graduate: 12.2%
- Some College: 8.1%
- Associate Degree: 2.3%
- Bachelor's Degree: 36.9%
- Graduate Degree: 36.6%
Income by dollar range
Median Income: $84,308
Fair Market Rents
The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).
- Studio: $1,279
- One Bedroom: $1,363
- Two Bedroom: $1,872
- Three Bedroom: $1,927
- Four Bedroom: $1,235
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Contact Information
Schedule an Appointment to See this Home
Request more information
or call me now at 302-234-6038
Listing Courtesy of: BHHS Fox & Roach The Harper at Rittenhouse Square , (215) 546-0550
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 Patterson-Schwartz Real Estate 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.
Information Deemed Reliable But Not Guaranteed.
Copyright BRIGHT, All Rights Reserved
Listing data as of 12/24/2024.
Broker Compensation
An offer of broker compensation or seller concession is not a guarantee. All compensation offers and concessions are negotiable and subject to written agreement between the parties. Please consult with your real estate agent for more information.
