ATTENTION! Incredible business opportunity in Walnut Manor! Are you looking for an estimated 6000 square feet of space on Walnut St to use as an Air BNB multiple unit rental or rooming house? Perfect for a 1031 Exchange, this property which is being used as a personal care home, can easily be converted into a cash flow investment.
This opportunity comes equipped with 13 Bedrooms, 9 baths (licensed zoned for up to 27 occupants) with a fenced-in backyard and handicapped access to the building, two oversized semi finished basements, two large living areas and dining rooms, plus an industrial kitchen.
Over $3.5 billion of new or recently completed real estate projects have transformed this area into a hub for college students, workers, traveling nurses & doctors. The University of Pennsylvania, University of the Sciences, CHOP, Drexel University and The Wharton School of Business. Situated near an abundance of public transportation with various bus routes, trolley lines, and the Market-Frankfort line within a short walking distance. You would be uniquely positioned in the path of growth and ready to see significant rent increases in the coming years therefore offering a good rental upside. Call today for your private showing!
Property Type :
Multi-Family
County :
PHILADELPHIA
Style :
Multi-Family
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ByOwner last updated this listing 05/17/2024 @ 12:35
MLS: PAPH2316252
LISTED BY: Samuel Raymond Santiago Jr. , Keller Williams Real Estate Tri-County
SOURCE: BRIGHT MLS
Buyer Agency Compensation: 2.5%
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.
