Philadelphia, PA 19107 1316 Walnut Street
$3,899,990
15 more
Presented By: Wynn Real Estate LLC
Beds • 15
Beds • 15Home Details
This property is situated in a highly desirable, high foot traffic area - Center City. The building spans from street to street and features one commercial space along with nine residential units, offering excellent investment potential. The commercial space is approximately 3,820 sq ft, consists the first floor and mezzanine, has approximately 6-7 years remaining lease term with two 5yr options. With the 9 apartments, which consists of 6 two-bedroom units and 3 one-bedroom unit.
Presented By: Wynn Real Estate LLC
Interior Features for 1316 Walnut Street
Bedrooms
Three Bedroom Units Count
Other Interior Features
LivingAreaSourceEstimated
Central Air Y/NYes
Heating FuelElectric
Heating Y/NYes
Hot WaterElectric
General for 1316 Walnut Street
Acceptable FinancingCash, Conventional
AccessibilityOther
Architectural StyleOther
Cap Rate7.00
CityPHILADELPHIA
Construction MaterialsMasonry
Cool FuelElectric
CoolingCentral A/C
CountyPHILADELPHIA
DirectionsGps
ExclusionsAll equipment and furniture that are used to operate the business are excluded in this sale. Liquor license and tenants' personal property
Garage Y/NNo
Gross Income312548.00
HeatingCentral
Lease TypeLong Term
Living Area12600
Lot Size Square Feet3570.00
Lot Size UnitsSquare Feet
MLS Area19107 (19107)
MunicipalityPHILADELPHIA
Net Operating Income256971.00
New ConstructionNo
Number Of Units Total2
Number of Units Leased10
One Bedroom Units Count3
Other StructuresAbove Grade
Other UnitsUnit 1, Unit 2, Unit 4, Unit 5, Unit 3
OwnershipFee Simple
PossessionNegotiable
Price Per Sq Ft Total AG309.52
Property SubtypeOther
Property TypeMulti-Family
School DistrictPHILADELPHIA CITY
SewerPublic Sewer
Single Room Units Count0
Standard StatusActive
StatusACTIVE
Structure TypeOther
Tax Annual Amount43577.0
Tax Assessed Value3113100.0
Tax Lot89
Tax Year2024
Total SQFT12600
Two Bedroom6
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1900
Year Built SourceEstimated
ZoningCMX5
Exterior for 1316 Walnut Street
Land Assessed Value311310.00
Land Use CodeCA0
Lot Dimensions21.00 x 170.00
Lot Size Acres0.08
Lot Size SourceEstimated
LotDimensionsSourceEstimated
Navigable Water Y/NNo
PoolNo Pool
Type of ParkingOn Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo
Additional Details
Price History
