$225,000
$200,000
12.5%For more information regarding the value of a property, please contact us for a free consultation.
3,000 SqFt
SOLD DATE : 12/15/2023
Key Details
Sold Price $225,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,000 sqft
Price per Sqft $75
Subdivision Walnut Hill
MLS Listing ID PAPH2295312
Sold Date 12/15/23
Style Other
Abv Grd Liv Area 3,000
Originating Board BRIGHT
Year Built 1925
Annual Tax Amount $3,569
Tax Year 2022
Lot Size 1,927 Sqft
Acres 0.04
Lot Dimensions 20.00 x 96.00
Property Description
If you're an investor or developer looking for a promising opportunity, this property has all the right ingredients to make it a gem in your portfolio. With the framing, plumbing rough-in, electric rough-in and HVAC rough-in complete, and all windows and exterior doors replaced, this building is well on its way to becoming a profitable investment. The hard work has already been done, setting the stage for you to bring your creative vision and expertise to complete the finishing touches.
Originally a commercial space with a 2-bedroom, 1-bathroom apartment, this property holds even more potential than meets the eye. During the demolition phase, an additional 2-bedroom, 1-bathroom apartment was uncovered, making this a 3 unit building (RM1 zoned). Buyers are responsible for verifying zoning and permits required, ensuring compliance with city regulations. Conveniently located, this property offers easy access to public transportation, major highways, UPENN and Drexel U and Center City Philadelphia.
Don't miss out on this incredible investment opportunity. 4805 Walnut is also available for sale, with renovations complete and one tenant already in place, and can be sold as a package. See this property for yourself and envision the possibilities it holds. Schedule your showing today and take the first step towards realizing your investment goals!
Location
State PA
County Philadelphia
Area 19139 (19139)
Zoning RM1
Interior
Hot Water None
Heating None
Cooling None
Fireplace N
Heat Source None
Exterior
Waterfront N
Water Access N
Accessibility None
Parking Type On Street
Garage N
Building
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 871249250
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, FHA 203(k), Conventional
Listing Terms Cash, FHA 203(k), Conventional
Financing Cash,FHA 203(k),Conventional
Special Listing Condition Standard
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Bought with Yan Ye Lu • Canaan Realty Investment Group
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "