5136 Walnut St, Philadelphia, PA 19139

$350,000
1,760
SqFt

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List Price
$350,000
Price Change
▼ $25,000 1780438232
Days on Market
150
Status
ACTIVE
MLS#
PAPH2608088
Living Area
1,760
Lot Size (Acres)
0.03
Style
Other
Year Built
1925
County
Philadelphia
School District
Philadelphia City

Property Description

5136 Walnut Street is a fully renovated and occupied legal triplex in West Philadelphia with a 10 year property tax abatement through 2029. The building features two studio apartments and one spacious two-bedroom unit, all updated with modern finishes. Fully rented and income-producing, the property provides immediate cash flow for investors while also presenting a great opportunity for an owner-occupant to live in one unit and offset expenses with rental income from the others. The 2020 full renovation included major system upgrades - updated electrical, plumbing, HVAC, insulation, new roof, vinyl siding and windows - providing a low-maintenance asset ready for long-term performance. Located in a convenient and growing West Philadelphia neighborhood, 5136 Walnut Street offers easy access to University City, public transportation, neighborhood shopping, and local dining, making it an attractive rental location for a wide range of tenants.

Additional Information

Area
19139 (19139)
Taxes
$721.83
School District
Philadelphia City
Heating
Heat Pump - Electric BackUp
Heating Fuel
Electric
Cooling
Central A/C
Water
Public
Sewer
Public Sewer

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Calculator source: Real Geeks

Listing courtesy of Mallin Panchelli Nadel Realty Inc. Contact: 2154134900