Price Reduction
Address
5030-5032 Walnut Street, Philadelphia, PA
Price
$ 799,999
Property Attributes
- MLS#PAPH2316252
- TypeMulti-Family
- CountyPHILADELPHIA
- CityPhiladelphia
- Area19139
- Zip19139
- Style
- Year Built1915
- Taxes$ 2764
- Price$ 799,999
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size1,307 SqFt
Data Source:
Bright MLS
Property Description
ATTENTION! Incredible business opportunity in Walnut Manor! Are you looking for an estimated 6000 square feet of space on Walnut St to use as an Air BNB multiple unit rental or rooming house? Perfect for a 1031 Exchange, this property which is being used as a personal care home, can easily be converted into a cash flow investment. This opportunity comes equipped with 13 Bedrooms, 9 baths (licensed zoned for up to 27 occupants) with a fenced-in backyard and handicapped access to the building, two oversized semi finished basements, two large living areas and dining rooms, plus an industrial kitchen. Over $3.5 billion of new or recently completed real estate projects have transformed this area into a hub for college students, workers, traveling nurses & doctors. The University of Pennsylvania, University of the Sciences, CHOP, Drexel University and The Wharton School of Business. Situated near an abundance of public transportation with various bus routes, trolley lines, and the Market-Frankfort line within a short walking distance. You would be uniquely positioned in the path of growth and ready to see significant rent increases in the coming years therefore offering a good rental upside. Call today for your private showing!
| Price History | |
|---|---|
| 1/27/2024 | Listed $899,900 |
| 4/30/2024 | 12% - $799,999 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Forced Air,Radiator |
| Cooling | Central A/C,Window Unit(s) |
| Possession | 181-365 Days |
| Roof | Flat |
| Exterior Features | Fire Escape |
| Zoning | RM1 |
| Pool Y/N | No Pool |
| Architectural Style | Other |
| Construction Materials | Masonry |
| Year Built | 1915 |
| Property SubType | Other |
| Tax Year | 2022 |
| Percent Ownership | Fee Simple |
| Cool Fuel | Natural Gas |
| Accessibility | 2+ Access Exits |
| County | PHILADELPHIA |
| New Construction | No |
| Property Type | Multi-Family |
| Garage Y/N | No |
| Water Access Y/N | No |
| Other Structures | Above Grade,Below Grade |
| Status | ACTIVE |
| Directions | On Walnut St between 50th & 51st Streets... Use GPS! |
| ModificationTimestamp | 2024-04-30T16:09:03 |
| City | PHILADELPHIA |
| Buyer Agent Compensation | 2.5 |
| Total Units | 2 |
| MLS Area | 19139 (19139) |
| Lot Size Square Feet | 1520.00 |
| Tax Assessed Value | 197500.0 |
| Waterfront Y/N | No |
| Street Name | WALNUT |
| Tax Annual Amount | 2764.0 |
| Structure Type | Interior Row/Townhouse |
| Single Room Units Count | 13 |
| Price Per Sq Ft | 138.89 |
| Vacation Rental Y/N | No |
| Total SQFT | 5760 |
| Days on Market | 93 |
| Standard Status | Active |
| Year Built Source | Assessor |
| Tax Lot | 142 |
| Buyer Agent Compensation Type | % Of Gross |
Interior Features
| Heating Fuel | Natural Gas |
|---|---|
| Hot Water | Natural Gas |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Street Suffix | STREET |
| Central Air Y/N | Yes |
| LivingAreaSource | Estimated |
Exterior Features
| Water Source | Public |
|---|---|
| Type of Parking | On Street |
| Land Use Code | O50 |
| Foundation Details | Other |
| Water View Y/N | No |
| Lot Dimensions | 16.00 x 95.00 |
| Lot Size Acres | 0.03 |
| Lot Size Units | Square Feet |
| Lot Size Source | Assessor |
| Land Assessed Value | 29609.00 |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
| LotDimensionsSource | Assessor |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 19139
Price
Taxes
Visits
Year Built
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