Philadelphia, PA 19139,4633 WALNUT ST
Philadelphia, PA 19139,4633 WALNUT ST
Philadelphia, PA 19139,4633 WALNUT ST
Philadelphia, PA 19139,4633 WALNUT ST
Philadelphia, PA 19139,4633 WALNUT ST
Philadelphia, PA 19139,4633 WALNUT ST
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$650,000

$650,000

Est.Price: ?

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Est. payment /mo

2,795 SqFt


SOLD DATE : 05/04/2018

Key Details

Sold Price $650,000

Property Type Multi-Family

Sub Type Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 2,795 sqft

Price per Sqft $232

Subdivision Walnut Hill

MLS Listing ID 1000336722

Sold Date 05/04/18

Style Other

HOA Y/N N

Abv Grd Liv Area 2,795

Originating Board TREND

Year Built 1925

Annual Tax Amount $2,542

Tax Year 2018

Lot Size 1,890 Sqft

Acres 0.04

Lot Dimensions 16X115

Property Description

This incredible, income-producing property has just undergone an extensive renovation and is ready for new ownership. This large, Walnut Hill property has just been transformed (legally) into a four-unit residence, ready to provide years and years of steady revenue. Of the total four units, one is a studio, one is a two bedroom and two bathroom and the remaining two units have two bedrooms and one bathroom each. Featured prominently are hardwood floors, recessed lighting, neutral paint and crisp white trim. Each kitchen has durable granite countertops, stone backsplashes, ample cabinetry, and stainless steel appliances, including a microwave and a dishwasher (no dishwasher in studio unit). Each bathroom is kept bright with neutral ceramic tiling and contemporary fixtures. Every unit contains dedicated laundry facilities and energy-efficient mini split systems for both heating and cooling. The front of the property has a large yard and a classic stone exterior. The backyard features a deck and a parking spot (rented with one of the units). Mere blocks from the Market-Frankford El (7-minute ride to City Hall), bus lines on Baltimore Ave, Clark Park, UPenn, Drexel and USciences, this property will rent consistently for years to come. Tenants have recently been secured for three of the four units as follows: Studio rented for $750/month, 2BR/2BA and parking rented for $1550/month, 2BR/1BA rented for $1250/month. The final 2BR/1BA is actively being marketed and should be rented shortly. The property has a ten year tax abatement. Leases will be available for the review period as stipulated by the AOS.

Location

State PA

County Philadelphia

Area 19139 (19139)

Zoning RM1

Rooms

Other Rooms Primary Bedroom

Basement Full

Interior

Hot Water Electric

Heating Other

Cooling Energy Star Cooling System

Flooring Wood, Tile/Brick

Fireplace N

Heat Source Other

Laundry Washer In Unit, Dryer In Unit

Exterior

Garage Spaces 1.0

Water Access N

Accessibility None

Total Parking Spaces 1

Garage N

Building

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 601041500

Ownership Fee Simple

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Bright MLS (BMLS)
Listed by Ashley Santee • Houwzer, LLC
Bought with Katrina N Mink • BHHS Fox & Roach Rittenhouse Office at Walnut St
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980 Mercantile Dr, Hanover, MD, 21076, United States

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