Listed By:
RE/MAX Access
Address
4811 Walnut Street, Philadelphia, PA
Price
$ 875,000
Property Attributes
  • MLS#PAPH2327106
  • TypeMulti-Family
  • CountyPHILADELPHIA
  • CityPhiladelphia
  • Area19139
  • NeighborhoodWalnut Hill
  • Zip19139
  • StyleStraight Thru
  • Year Built1925
  • Taxes$ 3941
  • Price$ 875,000
  • Bedrooms7
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size2,178 SqFt
Data Source:
Bright MLS
Property Description

4811 Walnut Street is an excellent investment opportunity in West Philly. Tax abatement with 6 years remaining, The building is thoughtfully designed includes one spacious 2-bedroom, 1.5-bathroom unit, two additional 2-bedroom, 1-bathroom units, and a cozy 1-bedroom, 1-bathroom . The location ensures a high demand for rental properties, contributing to the property's excellent occupancy rate of 100%. Great asset to add to your portfolio!

Price History
3/5/2024 Listed $875,000

General Features

Sewer Public Sewer
Heating Energy Star Heating System
Cooling Energy Star Cooling System
Possession Immediate
Appliances Stainless Steel Appliances
Zoning RM1
Pool Y/N No Pool
Architectural Style Straight Thru
Security Features Carbon Monoxide Detector(s)
Construction Materials Masonry
Year Built 1925
Property SubType Quadruplex
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Natural Gas
Gross Income 65640.00
Accessibility 32 + wide Doors
County PHILADELPHIA
Net Operating Income 55570.95
Operating Expense 10069.05
New Construction No
Property Type Multi-Family
Subdivision Name WALNUT HILL
Garage Y/N No
Water Access Y/N No
Other Structures Above Grade,Below Grade
Status ACTIVE
Directions GPS
ModificationTimestamp 2024-03-06T13:01:50
City PHILADELPHIA
Buyer Agent Compensation 2.5
Total Units 4
MLS Area 19139 (19139)
Lot Size Square Feet 2223.00
Tax Assessed Value 281611.0
Waterfront Y/N No
Number of Units Leased 4
Street Name WALNUT
Tax Annual Amount 3941.0
Property Condition Excellent
Two Bedroom 3
Structure Type Interior Row/Townhouse
One Bedroom Units Count 1
Other Units Unit 1,Unit 2,Unit 4,Unit 3
Price Per Sq Ft 273.44
Rent Control Y/N No
Vacation Rental Y/N No
Total SQFT 3200
Days on Market 57
Standard Status Active
Year Built Source Assessor
Tax Lot 33
Total Actual Rent 65640.00
Cap Rate 6.40
Buyer Agent Compensation Type % Of Gross

Interior Features

Heating Fuel Natural Gas
Hot Water Natural Gas
Basement (Y/N) No
Heating Y/N Yes
Fireplace Y/N No
Street Suffix STREET
Central Air Y/N No
LivingAreaSource Assessor

Exterior Features

Water Source Public
Type of Parking On Street
Land Use Code U30
Foundation Details Brick/Mortar
Water View Y/N No
Lot Dimensions 20.00 x 111.00
Lot Size Acres 0.05
Lot Size Units Square Feet
Lot Size Source Assessor
Land Assessed Value 117720.00
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
AVG $380K
$880K
Taxes
AVG $2,686
$3,941
Visits
AVG 226
211
Data Provided by Inside Real Estate®
Year Built
AVG 1934
1925

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