Calling all turnkey and or value add investors! Legal triplex consisting of three large 1 bedroom and 1 bathroom units is now available! Property features separate utility, quality tenants and plenty of room to add value via cosmetic updates and rents. In addition, it is perfectly situated near large capital investment and an abundance of public transportation including but not limited to Broad Street, Roosevelt Boulevard, 76 and 95 which will make the commute a breeze. So what are you waiting for? This property could generate as much as $2850 a month, $600+ in cash flow, 10% cap rate and 10% cash on cash return but hurry and schedule your appointment today before it's too late!
Sold for $220,000
$220,000
356 E Walnut Ln, Philadelphia, PA 19144
3beds
3baths
1,569sqft
Triplex
Built in 1910
-- sqft lot
$-- Zestimate®
$140/sqft
$1,921 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,921/mo
Zestimate® history
Owner options
List your home for rent
$1,921/mo
Rent Zestimate®
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$1,921/mo
Rent Zestimate®
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$1,428/mo
Est. payment
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$1,428/mo
Est. payment
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List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Stephen Kennedy 267-614-3033,
KW Empower
Bought with:
Amira Coleman, RS350967
Compass New Jersey, LLC - Moorestown
George Maynes, AB067539
BHHS Fox & Roach-Art Museum
Source: Bright MLS,MLS#: PAPH2306680
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
Basement
- Area: 0
Heating
- Baseboard, Forced Air, Electric, Natural Gas
Cooling
- None
Appliances
- Included: Electric Water Heater
Features
- Dry Wall, 9'+ Ceilings
- Flooring: Luxury Vinyl, Ceramic Tile
- Doors: Six Panel
- Windows: Replacement
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 1,569
- Total interior livable area: 1,569 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 1,598 sqft
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 592062200
- Zoning: RM1
- Zoning description: Multi family.
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Triplex
Materials
- Other
- Roof: Flat,Rubber
Condition
- Average
- New construction: No
- Year built: 1910
Utilities & green energy
- Electric: 100 Amp Service
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Philadelphia
- Subdivision: Germantown
- Municipality: PHILADELPHIA
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Income includes: Apartment Rentals
- Listing terms: Cash,Private Financing Available,Conventional
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 4/5/2024 | Sold | $220,000+10%$140/sqft |
Source:  Bright MLS #PAPH2306680 Report a problem | ||
| 6/2/2020 | Sold | $200,000+44.9%$127/sqft |
Source: Public Record Report a problem | ||
| 9/22/2017 | Sold | $138,000+15%$88/sqft |
Source: Public Record Report a problem | ||
| 8/31/2010 | Sold | $120,000+90.5%$76/sqft |
Source: Public Record Report a problem | ||
| 3/26/2008 | Sold | $63,000-4.4%$40/sqft |
Source: Public Record Report a problem | ||
| 11/28/2006 | Sold | $65,900$42/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,484 +30.4% | $248,900 +30.4% |
| 2024 | $2,672 | $190,900 |
| 2023 | $2,672 +80.9% | $190,900 |
| 2022 | $1,477 | -- |
| 2021 | $1,477 +1.3% | -- |
| 2018 | $1,457 -87.7% | -- |
| 2017 | $11,803 +598% | -- |
| 2016 | $1,691 | -- |
| 2015 | $1,691 | -- |
| 2014 | $1,691 +4.5% | $120,800 +746.4% |
| 2012 | $1,619 | $14,272 |
| 2011 | -- | $14,272 |
| 2010 | -- | $14,272 |
| 2009 | -- | $14,272 |
| 2008 | -- | $14,272 |
| 2007 | -- | $14,272 |
| 2006 | -- | $14,272 |
| 2005 | -- | $14,272 |
| 2004 | -- | $14,272 +10.1% |
| 2003 | -- | $12,960 -20.9% |
| 2002 | -- | $16,384 |
| 2000 | -- | $16,384 +16.4% |
| 1999 | -- | $14,080 |
Find assessor info on the county website
Neighborhood: Germantown Morton
Nearby schools
GreatSchools rating
- 4/10Roosevelt Theodore Middle SchoolGrades: K-8Distance: 0.2 mi
- 1/10King Martin Luther High SchoolGrades: 9-12Distance: 1 mi
Schools provided by the listing agent
- District: The School District Of Philadelphia
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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