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3856 Terrace St 2 Unit Apartment Building $575,000 ($287,500/Unit) Philadelphia, PA 19128
Executive Summary
Well-maintained two-unit residential property in the desirable Roxborough-Manayunk neighborhood. The building features a 3BD/2BA upper unit with bonus loft and a 2BD/1BA lower unit with private outdoor space.
The upper unit is vacant and fully renovated, ideal for market-rate leasing or owner-occupancy. Updates include a new kitchen with granite countertops and stainless steel appliances, luxury vinyl plank flooring, upgraded baths, and in-unit laundry.
The lower unit is currently occupied, providing immediate rental income, and offers a spacious kitchen, dining area, breakfast bar, in-unit laundry, and direct access to a private backyard with deck/patio.
Located on a quiet block with strong rental demand, easy access to Center City, public transportation, Manayunk’s retail corridor, and outdoor amenities.
The upper unit is vacant and fully renovated, ideal for market-rate leasing or owner-occupancy. Updates include a new kitchen with granite countertops and stainless steel appliances, luxury vinyl plank flooring, upgraded baths, and in-unit laundry.
The lower unit is currently occupied, providing immediate rental income, and offers a spacious kitchen, dining area, breakfast bar, in-unit laundry, and direct access to a private backyard with deck/patio.
Located on a quiet block with strong rental demand, easy access to Center City, public transportation, Manayunk’s retail corridor, and outdoor amenities.
Property Facts
| Price | $575,000 | Building Class | C |
| Price Per Unit | $287,500 | Lot Size | 0.04 AC |
| Sale Type | Investment | Building Size | 1,700 SF |
| No. Units | 2 | Average Occupancy | 50% |
| Property Type | Multifamily | No. Stories | 4 |
| Property Subtype | Apartment | Year Built | 1920 |
| Apartment Style | Mid-Rise | ||
| Zoning | CMX1 - CMX-1 zoning is for neighborhood-serving retail and service uses. It allows for a mix of commercial and residential uses, with some requiring special | ||
| Price | $575,000 |
| Price Per Unit | $287,500 |
| Sale Type | Investment |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.04 AC |
| Building Size | 1,700 SF |
| Average Occupancy | 50% |
| No. Stories | 4 |
| Year Built | 1920 |
| Zoning | CMX1 - CMX-1 zoning is for neighborhood-serving retail and service uses. It allows for a mix of commercial and residential uses, with some requiring special |
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Dishwasher
- Disposal
- Microwave
- Washer/Dryer
- Heating
- Tile Floors
- Kitchen
- Hardwood Floors
- Oven
- Stainless Steel Appliances
- Tub/Shower
- Yard
- Patio
- Vinyl Flooring
- Window Coverings
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 1 | $1,688 | - |
| 3+2 | 2 | $2,085 | - |
1 1
Walk Score®
Walker's Paradise (90)
Property Taxes
| Parcel Number | 211273600 | Improvements Assessment | $384,300 |
| Land Assessment | $96,000 | Total Assessment | $480,300 |
Property Taxes
Parcel Number
211273600
Land Assessment
$96,000
Improvements Assessment
$384,300
Total Assessment
$480,300
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