4633 Walnut St, Philadelphia, PA 19139

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  • $650,000
  • 6Beds
  • 5Baths
  • 2,795sq ft.
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Listing Description

This incredible, income-producing property has just undergone an extensive renovation and is ready for new ownership. This large, Walnut Hill property has just been transformed (legally) into a four-unit residence, ready to provide years and years of steady revenue. Of the total four units, one is a studio, one is a two bedroom and two bathroom and the remaining two units have two bedrooms and one bathroom each. Featured prominently in every unit 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 mini split systems for both heating and cooling. The front of the property has a large yard and a classic stone exterior. The backyard features a deck and a parking spot (rented with one of the units). Mere blocks from the Market-Frankford El, 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: Studio rented for $750/month, 2BR/2BA and parking rented for $1550/month, 2BR/1BA rented for $1250/month. The final 2BR/1BA is actively being marketed and should be rented shortly. Leases will be available for the review period as stipulated by the AOS.

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