4811 Walnut Street

Philadelphia, PA 19139

$875,000
Price
7
Beds
4
Baths
3,200 Sq. Ft.
$273 / Sq. Ft.
3,200
Sq. Ft.
$273
per Sq. Ft.

Description

4811 Walnut Street is an excellent investment opportunity in West Philly. Tax abatement with 6 years remaining, The building is thoughtfully designed includes one spacious 2-bedroom, 1.5-bathroom unit, two additional 2-bedroom, 1-bathroom units, and a cozy 1-bedroom, 1-bathroom . The location ensures a high demand for rental properties, contributing to the property's excellent occupancy rate of 100%. Great asset to add to your portfolio!4811 Walnut Street is an excellent investment opportunity in West Philly. Tax abatement with 6 years remaining, The building is thoughtfully designed includes one spacious 2-bedroom, 1.5-bathroom unit, two additional 2-bedroom, 1-bathroom units, and a cozy 1-bedroom, 1-bathroom . The location ensures a high demand for rental properties, contributing to the property's excellent occupancy rate of 100%. Great asset to add to your portfolio!
  1. Listed by Steven Osiecki • RE/MAX Access
    P: 2154002617 remaxsteveo@gmail.com
  2. Listed by Christopher Thude • RE/MAX Access
    P: 2158170261 cpthude@gmail.com

Property Details for 4811 Walnut Street

Tax ID Number
601044605
Ownership
Fee Simple
Structure Type
Interior Row/Townhouse
Style
Straight Thru
Waterfront
No
Garage
No
Subdivision
WALNUT HILL
Subdivision
WALNUT HILL (PHILADELPHIA PA)

Location

Listing Courtesy of RE/MAX Access
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LISTING UPDATED: 03/06/2024 01:01 PM

Property Details for 4811 Walnut Street

StatusActive
MLS #PAPH2327106
Days on Market55
Taxes$3,941 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1925
Lot Size0.05 AC / 2,223 SF
CountyPhiladelphia County

Location

Listing Courtesy of RE/MAX Access
Add your commute

Building Information for 4811 Walnut Street

Stories-Residences4Year Built1925Building Size-Lot Size0.05 AC / 2,223 SF

Payment Calculator

$5,104 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,775

Property Taxes

$328

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4811 Walnut Street

Location
Location
  • School District Name: PHILADELPHIA CITY
  • School District County ID: 802785881492
  • SchoolDistrictSource: 3rd Party
  • County: PHILADELPHIA
  • MLS Area: 19139 (19139)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2023
  • Tax Assessed Value: $281,611
  • Year Assessed: 2023
  • County Tax: $0
  • Improvement Assessed Value: $163,891
  • City Town Tax: $1,778
  • Land Assessed Value: $117,720
  • Clean Green Assessed: No
  • Land Use Code: U30
  • Zoning: RM1
  • Tax Lot: 33
  • School Tax: $2,163
  • Automatically Update Tax Values Y/N: Yes
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 1
  • Two Bedroom Units Count: 3
  • Three Bedroom Units Count: 0
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3
  • Units Leased Count: 4
  • Number Of Units Vacant: 0
  • Rent Control: No
Multi Family
Unit 1
  • Type: Unit 1
  • Beds Total: 2
  • Half Baths Count: 1
  • Full Baths Count: 1
Unit 2
  • Type: Unit 2
  • Beds Total: 2
  • Full Baths Count: 1
Unit 3
  • Type: Unit 3
  • Beds Total: 1
  • Full Baths Count: 1
Unit 4
  • Type: Unit 4
  • Beds Total: 2
  • Full Baths Count: 1
Financial Information
Expenses
  • Operating Expense: $10,069
  • Operating Expense Includes: Snow Removal, Insurance, Trash
Financial Information
  • Gross Income: $65,640
  • Net Operating Income: $55,571
  • Annual Rental Income: $65,640
  • Cap Rate: 6.40
Building Info
Building Info
  • Year Major Reno Remodel: 2022
  • Building Units Total: 4
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 20.00 x 111.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 1323314
Parking
Parking
  • Type Of Parking: On Street
Interior Features
Interior Features
  • Fireplace: No
  • Appliances: Stainless Steel Appliances
  • Accessibility Features: 32"+ wide Doors
  • Security Features: Carbon Monoxide Detector(s)
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Energy Star Cooling System
  • Cooling Fuel: Natural Gas
  • Heating Type: Energy Star Heating System
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Greater Philadelphia Association of REALTORS

Property History for 4811 Walnut Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 4811 Walnut Street

Taxable ValueLand-Additions-Total-
Tax Record2023$3,942 ($328 / month)
Home Facts
Total Finished SqFt3,200 SqFtAbove Grade Finished SqFt3,200 SqFtStories2Lot Size2,223 SqFtStyleMulti-Family Res (5+ Units)Year Built1925ZoningRM1CountyPHILADELPHIAAPN60-1-0446-05

Schools near 4811 Walnut Street

This home is within Philadelphia City School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - 9 to 12
Public - 5 to 8
Rating
School
Distance
Lea Henry C School
PublicPK to 8

West Philadelphia High School
Public9 to 12

The Workshop School
Public9 to 12

Middle Years Alternative School
Public5 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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4811 Walnut Street is a multi-family home for sale in Philadelphia, PA 19139. This property was listed for sale on March 5, 2024 by RE/MAX Access, it's currently listed at $875,000. It has been on the market for a total of 55 days and was last sold on June 11, 2018. This listing's school district is Philadelphia City School District. Nearby schools include Lea Henry C School, West Philadelphia High School and The Workshop School. 4811 Walnut Street is a 7-bed, 4-bath, 3,200 sqft multi-family home built in 1925.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Access

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.