3937 Terrace Street, Philadelphia, PA 19128

List Price
Price Change
▼ $50,100 1590169369
Days On Market
Full Baths
Half Baths
Living Area
Lot Size (Acres)
Straight Thru
Year Built
School District
The School District Of Philadelphia

Property Description

Think about this perfect situation--you lavishly enjoy the 2 story Owner's Suite with chef's kitchen, balcony, and roof top bar area and deck, while you rent out the 1st and 2nd floor apartments that pay your mortgage! It's true, after parking your car in your private garage , you can ride your private elevator up to the 3rd floor and look out over Manayunk, while the tenants below make your mortgage payments. New construction from the 1st floor up in 2008, this 4-story home was built over the 1-story existing garages and brick store front 12 years ago. Uniquely zoned for either residential, neighborhood commercial or a combination of both, this mansion is walkable to the artsy Main Street of Manayunk as well as the train station, only minutes away from Center City Philadelphia. 3 separate units with their own entrances from the stairwell, or options for elevator entrance has been used as an extended-stay hotel, Air B&B, or private 4-floor Mansion with lots of space for roommates. The current owners lived on the top two floors that boasts a dreamy chef's kitchen with all Viking appliances, including a Viking Industrial stove with a grill and griddle on top also includes two ovens, including a convection oven. This beautiful kitchen receives morning and afternoon light streaming in from the large windows, as well as the French door out to the private terrace where you can enjoy a glass of wine, watching the sunsets. The large kitchen island is open to the dining area with Brazilian Cherry hardwood floors, as well as a sunny breakfast bistro table, wine refrigerator, bar area, and built-in office corner for everything you need right at your fingertips. Continue up a few steps to lounge in the spacious living room, where you will enjoy the floor to ceiling windows highlighting the spiral staircase up to your private rooftop deck with outdoor shower and bar area. Enjoy this views during all seasons with the enclosed portion of the deck, as well as the warmer swimsuit season on the outdoor sundeck. Back downstairs via the private elevator or staircase, you can relax in your master bedroom suite with two walk-in closets, and a master bathroom with separate shower stall with steam, as well as a Maxx jacuzzi that actually heats water while you are in the bathtub. While you are living your best life upstairs in luxury, enjoy the passive income coming from the 2 master bedroom suites on the 2nd floor. You can rent out this as a two-bedroom apartment with kitchen alcove, dining room, living room and walk-out terrace with retractable awning; OR do an extended-stay rental with two lockable master bedroom/bathroom suites and a common living/dining/kitchen area. Travel down the separate staircase connecting all three levels, or use the elevator to reach the versatile first floor. Here is another income stream as a studio apartment with kitchenette and master bathroom, or you can turn this space into a commercial store front. You can enter from the outdoor terrace French door, or from the main doorway in the hall. The main entrance foyer, which includes the attached office and workshop room, also has an entrance to this space, should you choose to configure this differently than the current use of a studio apartment. Finally, this home comes with 4 garages, truly a luxury in this area! One of the 4 garages is completely finished, connected to the foyer and currently used as an office, but could also be used as another entrance. As this versatile home is zoned mixed-use for Commercial and Residential, the possibilities are endless with this Manayunk Mansion. VIRTUAL WALK-THROUGH: https://my.matterport.com/show/?m=MjkZDJS2WV2&brand=0

Additional Information

19128 (19128)
Interior Features
2nd Kitchen, Bar, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Elevator, Entry Level Bedroom, Floor Plan - Open, Kitchen - Efficiency, Kitchen - Gourmet, Kitchen - Island, Kitchenette, Master Bath(s), Recessed Lighting, Skylight(s), Soaking Tub, Spiral Staircase, Stall Shower, Store/Office, Studio, Upgraded Countertops, Walk-in Closet(s), Wet/Dry Bar, Window Treatments, Wood Floors
School District
The School District Of Philadelphia
Fireplace Description
Fireplace - Glass Doors, Gas/Propane
Hardwood, Partially Carpeted
Garage Spaces
Exterior Features
Awning(s), Exterior Lighting, Outside Shower, Street Lights
City, Panoramic, River, Street
Forced Air
Heating Fuel
Natural Gas, Electric
Central A/C
Public Sewer
Room Level
Office: Main, Foyer: Main, Storage Room: Main, Workshop: Main, Foyer: Upper 1, Living Room: Upper 1, Dining Room: Upper 1, Kitchen: Upper 1, Master Bedroom: Upper 1, Master Bedroom: Upper 1, Master Bathroom: Upper 1, Master Bathroom: Upper 1, Kitchen: Upper 2, Master Bedroom: Upper 2, Living Room: Upper 2, Dining Room: Upper 2, Office: Upper 2, Master Bathroom: Upper 2, Solarium: Upper 3

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Calculator source: Real Geeks

Listing courtesy of Compass RE.