5334 GREENE ST, PHILADELPHIA, PA 19144 (MLS # PAPH935314)

Price $850,000
Status Active
Beds 0
Baths 0 Bath
Home size 4,768 sqft
Lot Size 19,602 sqft
Days on Market 11
The Gates Mansion: Exceptional, Multi-family Property Available for the First Time in 40 years! Located in the prized, Penn-Knox neighborhood, brimming with history and delightful architecture! The Italianate-Second Empire mansion was built in 1875 for James R. Gates, a successful, local lumber merchant and politician. This property sits on a deep, 1/2 acre lot with off-street parking for 8+ cars. This stunning, well-maintained house offers many possibilities for an owner-occupant or investor. Currently, there are 4, well-appointed apartments, filled with original, period details, such as, (3) marble fireplaces, winding staircase, 11 foot ceilings w/ plaster moldings, enormous, arched windows w/ walnut shutters, wide-plank, pine floors, Butlers pantry, cast iron cook-stove, servants bell & marble-top bathroom vanities. Well-maintained and sensitively updated over the years with attention to detail. Recent improvements include ?amazing? new kitchens in Apartment #1R and in the 3rd Floor Apartment. Prior improvements include: separate electric, separate gas heat, custom storm windows, coin-op laundry, ADT security system, central fire alarm system and more. Additional, potential bonus income derived from renting out a private room with a private bath, with Airbnb potential. Possible co-working space and/or professional office space on the first floor with access to half bath, adding even more income. Or, consider returning the house to single-family glory, as the apartments become available! Don't miss this rare opportunity to own one of Northwest Philadelphia's premier Victorian homes! ***Showings begin Thursday, September 17th***
Property Type(s): Multi Family
Last Updated 9/14/2020 Tract GERMANTOWN (WEST)
Year Built 1875 Community PHILADELPHIA
County PHILADELPHIA

SCHOOLS

School District THE SCHOOL DISTRICT OF PHILADELPHIA

Additional Details

AIR Window Unit(s)
AREA PHILADELPHIA
BASEMENT Full, Interior Access, Outside Entrance, Poured Concrete, Unfinished, Yes
CONSTRUCTION Stone
HEAT Radiant
HOA DUES None
LOT 0.45 acre(s)
LOT DIMENSIONS 88.00 x 224.00
SEWER Public Sewer
STYLE Victorian
SUBDIVISION GERMANTOWN (WEST)
TAXES 3110.00
WATER Public
ZONING RSA3

Location

 

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