3817 WALLACE STREET

PHILADELPHIA, PA 19104

WELCOME TO 3817 WALLACE STREET —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

Listing courtesy of HomeSmart Realty Advisors



The real estate listing information is provided by Bright MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale or lease referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bright MLS. This web site references real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties in listings may have been sold or may no longer be available. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized collection or dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright © 2020 Bright MLS. All rights reserved.