506 W THOMPSON STREET, Philadelphia, PA 19122

$425,000 Asking Price

3 beds
2 baths
1,392  sqft
Built in 1920

Welcome to 506 W. Thompson St, a beautifully maintained 3-bedroom, 2-bathroom home located in the heart of Old Kensington, one of Philadelphia’s most vibrant and rapidly growing neighborhoods. This gem offers a perfect blend of modern living and historic charm, with all the perks of city life right at your doorstep. The property offers an updated contemporary kitchen, spacious bedrooms, modern bathrooms, and is just minutes away from popular areas like Northern Liberties, Fishtown, and Center City, giving you access to trendy cafes, restaurants, and shops. Take advantage of super low taxes with 7 years remaining on theTAX ABATEMENT, giving you peace of mind and saving you money for years to come. Whether you're looking for a new home or an investment property, this location and property make a fantastic choice in a rapidly appreciating neighborhood. Don’t miss the opportunity to make this home yours! Schedule a tour today and experience everything 506 W. Thompson St has to offer.


Features & Amenities

Interior

Laundry:
Basement
Basement:
Fully Finished
A/C:
Central A/C
Heating:
Y, Central, Natural Gas
Disability Feature:
2+ Access Exits

Exterior

General:
Above Grade,Below Grade
Style:
Contemporary

Construction

General:
Masonry, 4, Block

Location

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

Lot

Zoning:
RSA5, 182308400
Current Use:
O51

Utilities

Water:
Public
Sewer:
Public Sewer

Financial

Source:
BRIGHT_MAIN

This listing courtesy of:
Keller Williams Realty Devon-Wayne, SHARMEEN MUSSANI

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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