5052-54 Walnut Street

Philadelphia, PA
$ 2,675,000 Beds 0 Baths 0 Sq 12,000
Monthly Estimate* How much can I afford?

Rare opportunity to acquire an income-producing, turnkey, 16-unit apartment building in prime, West Philadelphia. Located in the Opportunity Zone, this fully-occupied 12,000 Sq Ft building was completely renovated in 2017. The building consists of 16 units featuring (13) one-bedroom units and(3) two-bedroom units. Each apartment features an open floor plan with hardwood flooring, modern kitchens with stainless steel appliances, and a full bathroom. Six of the units offer balconies. A fully finished basement includes a common laundry area and an office space with a full bath. An easy commute to the University of Pennsylvania, Drexel University, Penn Medicine, CHOP, and University of the Sciences. There are six years remaining on the 10-year tax abatement.

Commercial

  • Price
  • $ 2,675,000
  • Lot Size
  • 4,792 SqFt
  • Bedrooms
  • 0
  • Sqr Footage
  • 12,000
  • Full Bathrooms
  • 0
  • Year Built
  • 2017
  • Half Bathrooms
  • 0
  • City, Zip
  • Philadelphia
  • Taxes
  • $ 2765
  • County
  • PHILADELPHIA
  • Style
  • Apartment Building
  • Area
  • 19139
  • MLS#
  • PAPH1013928
  • Zip
  • 19139
Listing Provided by: Compass RE
Data Source: Bright MLS

Features

General

Acceptable Financing Cash, Conventional
Accessibility Ramp - Main Level, Accessible Switches/Outlets, Doors - Swing In, No Stairs, Level Entry - Main, Kitchen Mod, Grab Bars Mod, Doors - Lever Handle(s), 2+ Access Exits, 36 + wide Halls
Business Type Apartment Building
Construction Materials Masonry
Cool Fuel Electric
Cooling Central A/C
County PHILADELPHIA
Days on Market 38
Flooring Hardwood
Heating Forced Air
Location Type Urban
MLS Area 19139 (19139)
Municipality PHILADELPHIA
New Construction No
Ownership Fee Simple
Possession Immediate
Price Per Sq Ft 222.92
Property SubType Five Or More Units
Property Type Commercial Sale
Property Use Investment
PropertyCondition Very Good
Security Features Carbon Monoxide Detector(s), Sprinkler System - Indoor, Intercom, Main Entrance Lock, Security System
Sewer Public Sewer
Subdivision Name WALNUT HILL
Tax Annual Amount 2765.0
Tax Lot 179
Tax Year 2021
Total Units 16
Vacation Rental Y/N No
Water Access Y/N No
Zoning RM1

Interior Features

Central Air Y/N Yes
Heating Fuel Electric
Heating Y/N Yes
Hot Water Electric

Exterior Features

Building Area Total 12000.00
Lot Dimensions 48.80 x 96.90
Lot Size Acres 0.11
Lot Size Source Assessor
Lot Size Square Feet 4729.00
Navigable Water Y/N No
Type of Parking On Street
Water Oriented Y/N No
Water Source Public
Water View Y/N No
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Ashburn, VA office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

5/14/2021 Listed $2,675,000

Property vs Zip Code Average in 19139

Price
AVG $1.15M
$2.68M
Taxes
AVG $4,184
$2,765
Visits
AVG 59
4
Year Built
AVG 1930
2017

Map

5052-54 Walnut Street Philadelphia, PA is a Single Family Home for sale at $2675000 with 12000 sqft and a lot size of 4,792 SqFt Acre(s). 5052-54 Walnut Street Philadelphia has 0 bedrooms, 0 baths and was built in 2017. The property's zip code is 19139 which is in Philadelphia, PA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.