Philadelphia, PA 19139,4803 WALNUT ST

$225,000

Est. payment /mo

$200,000

12.5%
Est.Price: ?

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4803 WALNUT ST Philadelphia, PA 19139

3,000 SqFt

SOLD DATE : 12/15/2023

Key Details

Sold Price $225,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Square Footage 3,000 sqft

Price per Sqft $75

Subdivision Walnut Hill

MLS Listing ID PAPH2295408

Year Built 1925

Annual Tax Amount $3,569

Tax Year 2022

Lot Size 1,927 Sqft

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

Exterior

Water Access N

Roof Type Flat

Building

Foundation Stone

Sewer Public Sewer

Water Public

New Construction N

Schools

School District The School District Of Philadelphia

Others

Acceptable Financing Cash, FHA 203(k)

Listing Terms Cash, FHA 203(k)

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Deidre G Hill • Compass RE
Bought with Yan Ye Lu • Canaan Realty Investment Group

Jason Gareau

Broker

+1(609) 929-4486

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