5136 Walnut Street is a fully renovated and occupied legal triplex in West Philadelphia with a 10 year property tax abatement through 2029. The building features two studio apartments and one spacious two-bedroom unit, all updated with modern finishes. Fully rented and income-producing, the property provides immediate cash flow for investors while also presenting a great opportunity for an owner-occupant to live in one unit and offset expenses with rental income from the others. The 2020 full renovation included major system upgrades - updated electrical, plumbing, HVAC, insulation, new roof, vinyl siding and windows - providing a low-maintenance asset ready for long-term performance. Located in a convenient and growing West Philadelphia neighborhood, 5136 Walnut Street offers easy access to University City, public transportation, neighborhood shopping, and local dining, making it an attractive rental location for a wide range of tenants.
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Listing Snapshot
Price
$325,000
Days On Site
19 Days
Bedrooms
2
Inside Area (SqFt)
1,760 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.03 Acres
Year Built
1925
MLS® Number
PAPH2670556
Status
Active
Property Tax
$721.83
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Assessor
Friends & Family
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Recent Activity
3 weeks ago
Listing updated with changes from the MLS®
3 weeks ago
Listing first seen on site
General Features
Acres
0.03
Foundation
Stone
Parking
On Street
Property Sub Type
Triplex
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Above
1760
SqFt Total
1760
Style
Other
Water Source
Public
Zoning
CMX2
Interior Features
Appliances
Electric Water Heater
Cooling
Central AirElectric
Heating
ElectricHeat Pump
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Exterior Features
Pool Features
None
Community Features
MLS Area
19139 (19139)
School District
PHILADELPHIA CITY
Schools
School District
PHILADELPHIA CITY
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Mallin Panchelli Nadel Realty Inc
