Investment Opportunity in West Philadelphia! Located in the vibrant West Philadelphia area, this three-story home is a diamond in the rough, awaiting a full rehab. With RM1 zoning, it has the potential to be converted into a triplex, making it a prime investment opportunity. Features - **Three Stories**: Spacious layout, perfect for conversion. - **RM1 Zoning**: Ideal for multi-family use. Envision transforming it into a triplex. - **Prime Location**: Close to cultural hubs, dining, and public transport. Potential Highlights - **Multi-Family Conversion**: RM1 zoning allows for a triplex setup, maximizing income potential. - **Customizable Space**: A blank canvas for modern design and functionality. - **Income Potential**: Rent out three units for steady revenue. Buyers should conduct thorough due diligence, including zoning verification and building inspections with the City of Philadelphia. Don’t miss this chance to create something unique. Contact me today to view this exciting property and start your investment journey!
Sold for $103,000
$103,000
5708 Walnut St, Philadelphia, PA 19139
5beds
1,650sqft
Townhouse
Built in 1925
1,052 Square Feet Lot
$286,700 Zestimate®
$62/sqft
$2,140 Estimated rent
Home value
$286,700
$258,000 - $313,000
$2,140/mo
Zestimate® history
Owner options
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$2,140/mo
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$2,140/mo
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$692/mo
Est. payment
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$692/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Shawn Marie Freeman 484-854-0075,
Realty One Group Restore - Collegeville
Bought with:
HASAN YASIN AMIN, RS355970
RE/MAX Preferred - Malvern
Source: Bright MLS,MLS#: PAPH2380090
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
- Main level bathrooms: 3
- Main level bedrooms: 5
Basement
- Area: 0
Heating
- Radiator, Oil
Cooling
- Window Unit(s)
Appliances
- Included: Dryer, Water Heater
Features
- Eat-in Kitchen
- Windows: Storm Window(s)
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 1,650
- Total interior livable area: 1,650 sqft
- Finished area above ground: 1,650
- Finished area below ground: 0
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: Three
- Stories: 3
- Pool features: None
Lot
- Size: 1,052 sqft
- Dimensions: 16.00 x 66.00
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 604041700
- Zoning: RM1
- Special conditions: Standard
Construction
Type & style
- Home type: Townhouse
- Architectural style: Traditional
- Property subtype: Townhouse
Materials
- Masonry
- Foundation: Stone
Condition
- New construction: No
- Year built: 1925
Utilities & green energy
- Electric: 100 Amp Service
- Sewer: Public Sewer
- Water: None
Community & neighborhood
Location
- Region: Philadelphia
- Subdivision: West Philadelphia
- Municipality: PHILADELPHIA
Other
Other facts
- Listing agreement: Exclusive Agency
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 9/9/2024 | Sold | $103,000-26.4%$62/sqft |
Source:  Bright MLS #PAPH2380090 Report a problem | ||
| 8/8/2024 | Pending sale | $140,000$85/sqft |
Source: Bright MLS #PAPH2380090 Report a problem | ||
| 7/25/2024 | Listed for sale | $140,000$85/sqft |
Source: Bright MLS #PAPH2380090 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,402 +17.9% | $171,600 +17.9% |
| 2024 | $2,038 | $145,600 |
| 2023 | $2,038 +52.1% | $145,600 |
| 2022 | $1,340 | -- |
| 2021 | $1,340 +3.8% | -- |
| 2018 | $1,291 +84.5% | -- |
| 2017 | $699 | -- |
| 2016 | $699 | -- |
| 2015 | $699 | -- |
| 2014 | $699 | $82,200 +1016.8% |
| 2012 | $699 | $7,360 |
| 2011 | -- | $7,360 |
| 2010 | -- | $7,360 |
| 2009 | -- | $7,360 |
| 2008 | -- | $7,360 |
| 2007 | -- | $7,360 |
| 2006 | -- | $7,360 |
| 2005 | -- | $7,360 |
| 2004 | -- | $7,360 |
| 2003 | -- | $7,360 +13.9% |
| 2002 | -- | $6,464 |
| 2000 | -- | $6,464 |
| 1999 | -- | $6,464 |
Find assessor info on the county website
Neighborhood: Cobbs Creek
Nearby schools
GreatSchools rating
- 6/10Hamilton Andrew SchoolGrades: K-8Distance: 0.2 mi
- 2/10Sayre William L Middle SchoolGrades: 9-12Distance: 0.1 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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Estimated market value
$286,700
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$286,700
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