Property Description
Renovated mixed-use building in West Philadelphia, just off the 52nd Street commercial corridor and a few blocks from the 52nd Street El station. The ground floor is leased to a daycare on a 5-year lease, providing long-term commercial income. Upstairs are two apartments, both renovated in 2021 with granite countertops, stainless steel appliances (refrigerator, stove, microwave, and dishwasher), central air, large bedrooms, and updated bathrooms. The 1-bedroom, 1-bath unit is occupied with a tenant on a 1-year lease. The 2-bedroom, 1-bath unit is vacant and ready for a new tenant, and it features a very large private deck. Current gross income is $49,200 per year, with projected gross income of $67,200 once the 2-bedroom is leased. Convenient to University City, Center City, and major transit. Buyer to verify zoning. Rent roll and pro forma available upon request. Showings only on weekends or weeknights between 6.15-7.30PM only. Full Matterport 3D walkthrough on-line.
Property Details 5221 WALNUT STREET, PHILADELPHIA, PA 19139
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