5334 GREENE STREET
PHILADELPHIA, PA 19144

$850,000

Beds: 7
Baths: 6 | 1
Sq. Ft.: 4,768
Type: Single Family Home
Listing #PAPH935310
THE GATES MANSION: Exceptional, Multi-family Property with Amazing Owner's Unit on the First and Second Floors. This Significant Property is Available for Purchase for the First Time in 40 years! Located in NW Philadelphia in the prized, Penn-Knox neighborhood, brimming with history and delightful architecture! This 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, ½ acre lot with off-street parking for 8+ cars. This stunning, well-maintained property offers many possibilities for an owner-occupant and/or investor. Currently, there are 4, well-appointed apartments, filled with original, period details, such as: (3) marble fireplaces, a winding, grand staircase, 11' ceilings w/ plaster moldings, enormous, arched windows w/ walnut shutters, wide-plank, pine floors, Butler's pantry, cast iron cook-stove, servant's bell & marble-top bathroom vanities. This property has been well-maintained and sensitively updated over the years with great attention to detail. Recent improvements include an amazing new kitchen in the Owner's Unit with quality, Kraftmaid cabinets, a farmhouse sink, quartz countertops, subway tile back splash, encaustic tile floor and stainless-steel appliances. The kitchen in the 3rd Floor Apartment is also brand-new with quality finishes, and the (2) 3rd floor bathrooms have had recent updates. Prior improvements to the property include: separate electric, separate gas heat, custom storm windows, coin-op laundry, ADT security system, central fire alarm system and more. Additional, bonus income is currently derived from renting out a private room with a private bath on the 2nd floor. Possible co-working space and/or professional office space on the first floor with access to a half bath, adding even more rental income. Or, consider returning the entire house to its original, single-family glory, as the apartments become available! Don't miss this rare opportunity to own one of Northwest Philadelphia's premier Victorian houses!
Listing Courtesy of: Elfant Wissahickon-Chestnut Hill
Property Features
Location Information
County: PHILADELPHIA
Municipality: PHILADELPHIA
Cross Street: W Coulter
Latitude: 40.03082700
Longitude: -75.17204300
MLS Area: 19144 (19144)
Subdivision: GERMANTOWN (WEST)
Interior Features
1/2 Baths: 1
Has Fireplace: No
Number of Fireplaces: 0
Heating: Radiant
Heating Fuel: Natural Gas
Cooling: Window Unit(s)
Water Heater: Natural Gas
Basement Description: Full, Outside Entrance, Poured Concrete, Rear Entrance, Shelving, Unfinished, Walkout Stairs
Has Basement: Yes
Exterior Features
Style: Victorian
Stories: 3
Possession: Immediate
Septic or Sewer: Public Sewer
Water: Public
Has Garage: No
Garage Spaces: 0
Lot Size in Acres: 0.45
Lot Size in Sq. Ft.: 19, 602
Zoning: RSA3
Has Waterfront: No
Has Water Access: No
School
School District: THE SCHOOL DISTRICT OF PHILADELPHIA
Additional Information
ListDate: 2020-09-14 00:00:00.0
Property SubType: Detached
Stories: 3
Is Co-Op?: No
Year Built: 1875
Status: Active
Tax Year: 2020
Tax Amount: 3, 110


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Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
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BRIGHT(MRIS/Trend) data last updated at October 26, 2020 10:58 AM ET