5230 Walnut St | Philadelphia, PA 19139
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- LoopNet Team
5230 Walnut St
Philadelphia, PA 19139
Multifamily Property For Sale
·
10 Units
INVESTMENT HIGHLIGHTS
- 10-Unit Multifamily Asset | Cobbs Creek Neighborhood New Construction
- Spacious Units | 885 SF Average
- Full Tax Abatement | Eight Years Remaining for Complete Tax Deferment on Improvements
- New Construction | 11,880 SF Building
- Significant Value Add | Ability to Loss-to-Lease Gap from Initial Leaseup
- Arterial Access | Proximity to I-76 & Market Street
PROPERTY FACTS
| No. Units | 10 | Lot Size | 0.06 AC |
| Property Type | Multifamily | Building Size | 11,880 SF |
| Property Subtype | Apartment | No. Stories | 5 |
| Apartment Style | Mid-Rise | Year Built | 2022 |
| Building Class | A | ||
| Zoning | CMX4 - Commercial zoning classification that allows for a variety of uses, including retail, office, and entertainment businesses | ||
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | A |
| Lot Size | 0.06 AC |
| Building Size | 11,880 SF |
| No. Stories | 5 |
| Year Built | 2022 |
| Zoning | CMX4 - Commercial zoning classification that allows for a variety of uses, including retail, office, and entertainment businesses |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Storage Space
- Washer/Dryer
- Kitchen
- Hardwood Floors
- Refrigerator
- Oven
SITE AMENITIES
- Bicycle Storage
- Elevator
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2 | 8 | - | 900 |
| 1+1 | 1 | - | 750 |
| 2+1 | 1 | - | 900 |
PROPERTY TAXES
| Parcel Number | 881000006 | Improvements Assessment | $831,150 |
| Land Assessment | $92,350 | Total Assessment | $923,500 |
PROPERTY TAXES
Parcel Number
881000006
Land Assessment
$92,350
Improvements Assessment
$831,150
Total Assessment
$923,500
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