Maria Maria Quattrone Quattrone
RE/MAX @ HOME
215-607-3535
Discover this prime investment opportunity in the bustling Walnut Hill neighborhood, featuring a five-unit building comprised of two store fronts, two 1-bedroom 1-bath apartments, and one 3-bedroom 1-bath apartment. Each unit has their own entrance adding an element of privacy that is hard to find. Situated near University City, this property is located in close proximity to prestigious universities and a plethora of amenities ensuring convenient living. Currently zoned as RM-1, allowing investors to maximum potential for income generation and equity growth. The property has been well maintained and will need cosmetic repairs in order to get the units in rent ready condition. This location is perfect for renting out to students due to its close proximity to University City which will help decrease vacancy and keep the units rented. This can be a great opportunity for someone looking to live in one unit and rent the others out to offset the mortgage and decrease living expenses. Or this can be a great property for West Philadelphia investors looking to add this to their rental portfolio. Buyer's are responsible for verifying zoning and use possibilities. A clear U&O will not be provided by the sellers. With a Walk Score of 90, daily errands are easily achievable without a car. A Transit Score of 77 suggests outstanding transit options, ensuring convenient transportation for traveling around the city. Furthermore, a Bike Score of 99 highlights excellent biking infrastructure in the area. Close-by dining options include J & P Seafood, Quick & Quality, and Pizza Plus West, among others. Nearby educational facilities comprise The Workshop School, Lea C. Henry School, and Beulah Baptist Christian Day School. Convenient grocery options include Quick Stop Deli, Fili Kale, and The Herb Nook. Just nine-minutes away from the MFL Frankford TC at the 46th St Station - MFL stop. The property is also close to parks such as Chicken Park, Black Oak Park, and Cedar Park. Enjoy unparalleled convenience with easy access to transit, universities, dining, shopping, and entertainment options. Don't miss out on this exceptional investment opportunity in a highly sought-after location. Schedule a viewing today to explore its potential for lucrative returns. Schedule your exclusive tour today and seize the chance to make this property your own!
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Water Source : Public
Roof : Flat
Exterior Property Features : Sidewalks,Street Lights
Basement Description: Unfinished
Flat
Cooling: Window Unit(s)
Heating: Radiator
Cooling Fuel: Electric
Heating Fuel: Natural Gas,Electric
Exterior Features: Sidewalks,Street Lights
Year Built: 1951
Structure: Other
New Construction: No
Total Units: 4
Built: 1951
Construction Material: Masonry
Roof: Flat
Foundation/Basement: Stone
Architecture: Other
Pool/Private: No Pool
Roof Type: Flat
Pool: No Pool
Sewer: Public Sewer
Water Heat: Natural Gas
Lot Size: 1,748
Lot Size (Acres): 0.04
Architectural Style: Other
Main Square Feet: 1,748
SQ ft: 4,200
SQ ft (Living Area): 4,200
Total Lot SQ ft: 1,748
View: Street
Subdivision: WALNUT HILL
Financing: Cash,Conventional,Other
Total Acreage: 0.04
New Construction: No
Type: Other
Possession: Immediate
Days Of Market: 15
Annual Tax: $7,101
Tax Year: 2023
Total Taxes Payment Frequency: Annually
Immediate
Taxes Assessment Amount: $507,300
Acceptable Financing: Cash,Conventional,Other
Roof: Flat
Direction: Coming from the north side of S 48th St, go straight, and turn right onto Walnut St, then make a left turn onto Hanson St. Continue driving straight; the property will be on the left, a corner property between Hanson St and Locust St.
School District: THE SCHOOL DISTRICT OF PHILADELPHIA
Water Source: Public
Sewer: Public Sewer
Cooling Fuel: Electric
Heating Fuel: Natural Gas,Electric
Hot Water: Natural Gas
Location Type: Urban
Direction: Coming from the north side of S 48th St, go straight, and turn right onto Walnut St, then make a left turn onto Hanson St. Continue driving straight; the property will be on the left, a corner property between Hanson St and Locust St.
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
5250 Walnut Street , Philadelphia, PA,19139 | $130,000 | -- | -- | 1,380 | 1380 Sqft |
13 N Lindenwood Street , Philadelphia, PA,19139 | $41,900 | -- | -- | 1,114 | 1114 Sqft |
5910 Spring Street , Philadelphia, PA,19139 | $35,000 | -- | -- | 960 | 960 Sqft |
124 N Felton Street , Philadelphia, PA,19139 | $117,500 | -- | -- | 1,232 | 2000 Sqft |
5125 Brown Street , Philadelphia, PA,19139 | $54,000 | -- | -- | 1,350 | 1350 Sqft |
9 S Conestoga Street , Philadelphia, PA,19139 | $45,000 | -- | -- | 736 | 736 Sqft |
6243 Market Street , Philadelphia, PA,19139 | $74,900 | -- | -- | 1,472 | 1472 Sqft |
5110 Funston Street , Philadelphia, PA,19139 | $19,000 | -- | -- | 780 | 780 Sqft |
4908 Arch Street , Philadelphia, PA,19139 | $245,000 | -- | -- | 2,040 | 1312 Sqft |
5715 Arch Street , Philadelphia, PA,19139 | $215,000 | 4 | 2.0 | 1,632 | 3075 Sqft |
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ByOwner last updated this listing 06/13/2024 @ 18:13
MLS: PAPH2352012
LISTED BY: Maria Maria Quattrone Quattrone , RE/MAX @ HOME
SOURCE: BRIGHT MLS
Buyer Agency Compensation: 3%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.