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Reda Akbil

4633 WALNUT STREET

$700,000 4633 Walnut St, Philadelphia, PA 19139
4633 walnut st is a very well maintained 4 unit Multi-family building with 5 years in Tax abatement, comprised of :
Studio/1bath : Rented for $1,015/Month
2bed/2bath: Rented for $1,755/M
2bed/1bath: $1,395/M
2bed/1bath: Vacant, previously leased at $1,285/M
This incredible, income-producing property has just undergone an extensive renovation in the last few years and is ready for new ownership and ready to provide years and years of steady revenue. It is Currently generating $5,400/Month with room for rent increases.
Featured prominently are hardwood floors, recessed lighting, neutral paint and crisp white trim. Each kitchen has durable granite countertops, stone backsplashes, ample cabinetry, and stainless steel appliances, including a microwave and a dishwasher (no dishwasher in studio unit). Each bathroom is kept bright with neutral ceramic tiling and contemporary fixtures. Every unit contains dedicated laundry facilities and energy-efficient mini split systems for both heating and cooling. The front of the property has a large yard and the backyard features a deck and a parking spot (rented with one of the units). Mere blocks from the Market-Frankford El (7-minute ride to City Hall), bus lines on Baltimore Ave, Clark Park, UPenn, Drexel and USciences, this property will rent consistently for years to come. Tenants have recently been secured for three of the four units as follows The property has about 5 years left in TAX ABATEMENT.
  • Sold
    Status
  • 2
    Bedrooms
  • 1925
    Year Built
  • 2,794 Sq.Ft.
    Living Area

Features & Amenities

Area & Lot

  • Status: Sold
  • Living Space: 2,794 Sq.Ft.
  • Lot Size: 1,742.4 Sq.Ft.
  • MLS® ID: PAPH2250612
  • Type: Multi-Family
  • Year Built: 1925
  • Architecture Styles: Other
  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA

Interior

  • Total Bedrooms: 2
  • Kitchen: Electric Water Heater

Exterior & Building

  • Water Source: Public
  • Heat Type: Electric
  • Sewer: Public Sewer

Financial

  • Sales Price: $700,000
  • Real Estate Tax: $4,454/yr

4633 WALNUT STREET

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