503 S 42ND ST Active Save Request In-Person Tour Request Virtual Tour
Philadelphia,PA 19104
Key Details
Property Type Multi-Family
Sub Type Twin/Semi-Detached
Listing Status Active
Purchase Type For Sale
Square Footage 2,805 sqft
Price per Sqft $294
MLS Listing ID PAPH2512620
Style Victorian
Abv Grd Liv Area 2,805
Year Built 1930
Annual Tax Amount $10,350
Tax Year 2024
Lot Size 2,678 Sqft
Acres 0.06
Lot Dimensions 26.00 x 103.00
Property Sub-Type Twin/Semi-Detached
Source BRIGHT
Property Description
Investor Alert: Prime Conversion Opportunity in University City
This large multi-family duplex is an exceptional investment opportunity in the highly sought-after University City neighborhood, located within the prestigious Penn Alexander Catchment Area. Ideal for conversion into a 4-6 unit investment property, rooming house, or multi-suite rental, this property offers the scale and location that discerning investors seek.
The primary front unit boasts
8 spacious bedrooms
6 full bathrooms
2 full kitchens
A main-level bedroom with en-suite bathroom
Additional bedrooms and bathrooms across the 2nd and 3rd floors, perfectly suited for multi-resident living
A secondary rear unit includes:
1 bedroom, 1 bathroom
Private entrance via a side walkway, ideal for privacy.
Additional features:
Full basement with laundry facilities
Significant interior square footage for future reconfiguration
Centrally located with easy access to University of Pennsylvania (UPenn), Children's Hospital of Philadelphia (CHOP), Center City, VA Hospital, and Philadelphia International Airport (PHL)
This property is ripe for redevelopment, offering both strong rental potential and long-term value appreciation in one of Philadelphia's most vibrant and dynamic submarkets.
Location
State PA
County Philadelphia
Area 19104 (19104)
Zoning RTA1
Rooms
Basement Partially Finished,Poured Concrete
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Wall Unit
Fireplace N
Heat Source Natural Gas
Exterior
Exterior Feature Porch(es)
Water Access N
Accessibility None
Porch Porch(es)
Garage N
Building
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Architectural Style Victorian
Additional Building Above Grade,Below Grade
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 271201800
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard