509 S 55TH STREET, Philadelphia, PA 19143

$335,000 Asking Price

4 beds
3 baths
2,154  sqft
Built in 1925

Assumable 4.5% rate - PHFA mortgage! AND this property is eligible for multiple Specialty Home Buyer Programs and grants Fully renovated in 2021, French Drain sump pump and complete waterproofing of basement in 2022, New HVAC 2022, New Roof with 10 year warranty! This West Philly gem has the original character with modern updates and two outdoor spaces! The entire 3 bedroom, 3 bath home with the finished basement (4th bedroom) has been meticulously, thoughtfully, and beautifully renovated. The sun drenched 1st floor includes a spacious living and dining area with a fireplace, convenient powder room, and kitchen with white shaker cabinets, custom backsplash and all stainless steel appliances. The 2nd floor has 3 large bedrooms and full bath with shower/tub combo. The expansive finished basement is home to the washer and dryer and has a separate entrance to the back yard. With a front garden, covered porch, back deck, and large tree canopied yard, 509 S 55th St is a city oasis! Assumable PHFA mortgage! AND this property is eligible for our Specialty Home Buyer Program, NeighborFirst that gives below market rates, only needs 3% down and gives $6,000 to First Time Home Buyers! Another grant offers up to $25,000 assistance in closing costs!

Features & Amenities

Interior

General:
Breakfast Area,Combination Kitchen/Dining,Floor Plan - Open,Recessed Lighting,Upgraded Countertops
Appliances:
Built-In Microwave,Built-In Range,Dishwasher,Stainless Steel Appliances,Washer,Dryer - Gas
Laundry:
Basement
Basement:
Fully Finished,Drainage System,Full,Outside Entrance,Rear Entrance,Shelving,Sump Pump,Water Proofing System,Workshop
A/C:
Central A/C
Heating:
Y, Hot Water, Natural Gas
Fireplace:
Non-Functioning,Stone,Brick, Fireplace, Fireplaces: 1
Disability Feature:
None

Exterior

General:
BBQ Grill,Awning(s),Extensive Hardscape,Other, Above Grade
Style:
Straight Thru

Construction

Windows:
Double Pane
General:
Masonry, 2, Brick/Mortar

Location

Originating MLS:
BRIGHT_MAIN
School District:
THE SCHOOL DISTRICT OF PHILADELPHIA
County:
PHILADELPHIA

Lot

Zoning:
RSA5, 463186500
Current Use:
O30

Utilities

Utilities:
Water Available,Sewer Available,Phone Available,Natural Gas Available,Electric Available
Water:
Public
Sewer:
Public Sewer

Financial

Source:
BRIGHT_MAIN
Exclusions:
Personal items

This listing courtesy of:
Space & Company, Rachelle Lee Schneider

About Philadelphia, PA

Housing

Number of Units
705,993
Median Home Value
$212,331
Median Rent
$993

47.83% of housing units are renter occupied.

9.77% are vacant.

Commute

Car
48.32%
Public Transportation
19.12%
Walk to Work
6.40%
Work from Home
23.29%
Other
1.20%

The median travel time to work is 28 minutes.

People

Population
1,564,304
Median Age
36.10
Median Household Size
2.55

Education

High School
31.51%
Associate’s Degree
5.70%
Bachelor’s Degree
18.90%
Graduate Degree
14.16%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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