5005 Walnut Street

Philadelphia, PA 19139

$849,900
Price
7
Beds
7
Baths
3,595 Sq. Ft.
$236 / Sq. Ft.
3,595
Sq. Ft.
$236
per Sq. Ft.

Description

INVESTOR OPPORTUNITY. 3,595 sq. ft New Construction OCCUPIED TRIPLEX with ROOF DECK. 10-Year Tax Abatement. Qualifies for 5% down. Seller Rate buy down offered! 1st and 2nd Floor Unit leased through 2025. 3rd floor open for Home Hacking Occupant. All units constructed with Quartz Countertops, Custom Solid Wood Cabinets, High-end Stainless steel appliances and designer fixtures. Full Size front End Washer/Dryers installed in every unit. First floor Unit is 3 Bedroom 3 Bathroom Bi-level. Main Level...INVESTOR OPPORTUNITY. 3,595 sq. ft New Construction OCCUPIED TRIPLEX with ROOF DECK. 10-Year Tax Abatement. Qualifies for 5% down. Seller Rate buy down offered! 1st and 2nd Floor Unit leased through 2025. 3rd floor open for Home Hacking Occupant. All units constructed with Quartz Countertops, Custom Solid Wood Cabinets, High-end Stainless steel appliances and designer fixtures. Full Size front End Washer/Dryers installed in every unit. First floor Unit is 3 Bedroom 3 Bathroom Bi-level. Main Level is kitchen/ Living with Full bathroom and spacious bedroom. Exit to Private rear yard. Lower Level contains 2 additional Bedrooms and Bathrooms (one ensuite) and Laundry. Middle Unit is 2 Bedroom 1.5 Bathroom with Balcony off the rear bedroom. 3rd floor unit is 2 Bedroom 1.5 Bathroom with access to Private Roof Deck. All Electric. Water is Sub-metered. Extremely well built but a long time experienced Local Philadelphia Builder. Located near the highly desired University City neighborhood. Situated close to the Hospitals and the University of Pennsylvania, steps from the Market-Frankford Line, and a straight shot to Down Town Center City Philadelphia. A short walk to parks, restaurants, and shopping! 5 Buildings remaining. Excellent for Investor OR Owner Occupant. Units converted to Condos. Potentially to sell off individual units in the future. All Electric. Water is Sub-metered. Other Available Buildings. 5237 Chancellor Duplex (PENDING),5233 Chancellor St (SOLD) 5001 Walnut Quadplex (SOLD), 540 S 52nd Commercial Quadplex, 5113,5122 and 5138 Ranstead Duplexes.
  1. Listed by Christopher K Somers • KW Empower
    P: 2679874443 thesomersteam@gmail.com
  2. Listed by Sean Dundon • KW Empower
    P: 2156273500 seanestate@gmail.com

Property Details for 5005 Walnut Street

Tax ID Number
602042600
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 KW Empower
Add your commute
LISTING UPDATED: 03/20/2024 12:23 PM

Property Details for 5005 Walnut Street

StatusActive
MLS #PAPH2256606
Days on Market292
Taxes$496 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built2023
Lot Size0.04 AC / 1,552 SF
CountyPhiladelphia County

Location

Listing Courtesy of KW Empower
Add your commute

Building Information for 5005 Walnut Street

Stories-Residences3Year Built2023Building Size-Lot Size0.04 AC / 1,552 SF

Payment Calculator

$4,680 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,638

Property Taxes

$41

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5005 Walnut Street

Location
Location
  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District County ID: 300200397108
  • SchoolDistrictSource: Listing Agent
  • 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: $35,500
  • Year Assessed: 2023
  • City Town Tax: $224
  • Land Assessed Value: $35,500
  • Clean Green Assessed: No
  • Land Use Code: SR
  • Zoning: RM1
  • Tax Lot: 119
  • School Tax: $272
  • Automatically Update Tax Values Y/N: Yes
  • TaxDataUpdatedYN: No
Lease Information
Lease Information
  • Owner Pays: Insurance
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 2
  • Three Bedroom Units Count: 1
  • Other Units: Unit 1,Unit 2,Unit 3
  • Units Leased Count: 2
  • Number Of Units Vacant: 1
  • Number Of Units Month To Month: 0
  • Rent Control: No
Multi Family
Unit 1
  • Type: Unit 1
  • Unit Type Occupied YN: Yes
  • Level: 1
  • Unit Type Lease Type: Yearly
  • Beds Total: 3
  • Full Baths Count: 3
  • Unit Type Features: Private laundry in each unit. Water sub-metered. Tenant pays all utilities
Unit 2
  • Type: Unit 2
  • Unit Type Occupied YN: Yes
  • Level: 2
  • Unit Type Lease Type: Yearly
  • Beds Total: 2
  • Full Baths Count: 2
  • Unit Type Features: Private laundry in each unit. Water sub-metered. Tenant pays all utilities
Unit 3
  • Type: Unit 3
  • Unit Type Occupied YN: No
  • Level: 3
  • Beds Total: 2
  • Full Baths Count: 2
  • Unit Type Features: Private laundry in each unit. Water sub-metered. Tenant pays all utilities
Financial Information
Financial Information
  • Gross Income: $42,600
  • Existing Lease Type: Yearly
Building Info
Building Info
  • Building Units Total: 3
  • Total Finished SQFT: 3,595.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 16.00 x 97.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 1324073
Parking
Parking
  • Type Of Parking: On Street
Interior Features
Interior Features
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Central A/C, Multi Units
  • Cooling Fuel: Electric
  • Heating Type: Forced Air, Programmable Thermostat, Zoned
  • Heating Fuel: Natural Gas
  • Hot Water: Multi-tank
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Greater Philadelphia Association of REALTORS
  • List Agent URL: www.thesomersteam.com

Property History for 5005 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 5005 Walnut Street

Taxable ValueLand$35,500Additions-Total$35,500
Tax Record2023$497 ($41 / month)
Home Facts
Beds0Total Finished SqFt2,070 SqFtAbove Grade Finished SqFt2,070 SqFtLot Size1,552 SqFtStyleResidentialZoningRM1CountyPHILADELPHIAAPN60-2-0426-00

Schools near 5005 Walnut Street

This home is within Philadelphia City School District.
Rating
School
Type
Grades
Distance
Public - 5 to 8
Public - 7 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Middle Years Alternative School
Public5 to 8

Meehan Austin Middle School
Public7 to 8

Sayre William L Middle School
Public9 to 12

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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Similar Sold Homes

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5005 Walnut Street is a multi-family home for sale in Philadelphia, PA 19139. This property was listed for sale on July 11, 2023 by KW Empower, it's currently listed at $849,900. This listing's school district is Philadelphia City School District. Nearby schools include Middle Years Alternative School, Meehan Austin Middle School and Sayre William L Middle School. 5005 Walnut Street is a 7-bed, 7-bath, 3,595 sqft multi-family home built in 2023.

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 KW Empower

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.