$450,000

2,066

square ft

4618 Walnut Street

PHILADELPHIA, Pennsylvania 19139

Closed / MLS #PAPH2304288 / Multiple Unit (2-4) / PHILADELPHIA

Listing information updated 1/31/2024 at 8:41am

Wonderful multi-unit investment opportunity in a great area with only upside. It's currently used as five units, but legally zoned as four units. The property is dated throughout with many long-term and low paying tenants. This is a great opportunity to improve the value and increase the income. Four of the apartments have 1 bed and 1 bath, one is a studio. The first-floor unit is a former storefront with a private entrance. A shared entry leads to two units on each of the upper floors. All units are currently occupied except the 2nd-floor front and are verbal leases. The utilities are as follows; 4 separate gas hot water tanks, 2nd floor front and 1st floor front share one hot water heater (owner pays gas), baseboard steam heating, 1 gas boiler for all units, 2nd floor front has an electric stove, 4 electrical panels and 4 gas meters. This building is located in a sought-after neighborhood, earning a Walk Score of 94! It's only a few blocks from The University of Penn, Drexel University, and Penn Presbyterian Medical Center. Popular restaurants, local shops, and sprawling parks are nearby along 40th St, Baltimore Ave, and 52nd St. Plus, there's easy access to public transit, 30th St Station, I-76, and Delaware County. Schedule your showing today!

Full Features

Architecture Style:

Unit/Flat

Basement:

Unfinished

Cooling System:

None

Heating System:

Baseboard - Electric

Pool:

Age:

104 Years

Water Front:

Square Feet:

2,066

Lot Size:

1716.00 Square Feet

Acreage:

0.04

Taxes & Assessments

Tax Amount:

$4,626

Tax Year:

2022

Location

Zip Code:

19139

City:

Philadelphia

County:

Philadelphia

Schools

School District(s):

THE SCHOOL DISTRICT OF PHILADELPHIA

Elementary School:

N/A

Middle School:

N/A

High School:

N/A

Full Features Taxes & Assessments Location Schools

Architecture Style:

Unit/Flat

Basement:

Unfinished

Cooling System:

None

Heating System:

Baseboard - Electric

Pool:

Age:

104 Years

Water Front:

Square Feet:

2,066

Lot Size:

1716.00 Square Feet

Acreage:

0.04

Listing Office: Keller Williams Philly

Listing Office Phone: 215.607.6007

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