Investments Sales Management

Other, Traditional, Straight Thru, Bi-level

468 E WALNUT LANE

PHILADELPHIA, PA 19144

MLS#: PAPH2645618

$524,999

Status: Active
Listing number: PAPH2645618
Listing provided by: Keller Williams Realty Devon-Wayne
Listing agent phone: None
Last update: 4 days ago
On site: 21 days ago
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Property

Beds

5

Full Baths

None

1/2 Baths

None

Year Built

1910

Sq.Footage

2,640

468 E Walnut Ln – Turnkey Legal Triplex | $4,200/Month Rental Income. Exceptional investment opportunity at 468 E Walnut Ln. This legal triplex is fully updated and generating $4,200 per month in rental income, making it an ideal property for both investors looking to maximize returns and owner-occupants seeking to offset their mortgage with rental income. The property features three well-maintained units: Unit 1 (First Floor): Spacious 1-bedroom, 1-bath apartment with an oversized layout. Unit 2 (Second Floor): Updated 2-bedroom, 1-bath apartment. Unit 3: Updated 2-bedroom, 1-bath apartment. Each unit has been tastefully updated with new countertops and recessed lighting, creating modern, move-in-ready living spaces. All three units are equipped with central air conditioning and have separate heating systems, A/C condensers, and individual gas and electric meters, making management efficient while keeping utility costs separated. Tenants can enjoy a shared rear deck, and the basement features coin-operated laundry along with additional storage for tenant convenience. Whether you're looking to expand your investment portfolio or live in one unit while collecting rental income from the others, this completely turnkey triplex is ready to perform from day one. Don't miss this outstanding opportunity!

Features & Amenities

Interior

  • Total Bedrooms

    5

  • Bathrooms

    N/A

  • Above Grade Finished Area

    2640.0

  • Basement YN

    YES

  • Cooling YN

    YES

  • Cooling

    Central Air, Gas

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Natural Gas, Hot Water

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Parking

    On Street

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.05

  • Lot Size(square feet)

    2,354

  • Property Type

    Residential Income

  • Property Sub Type

    Triplex

  • Architectural Style

    Other, Traditional, Straight Thru, Bi-level

Price

  • Sales Price

    $524,999

  • Tax Amount

    $3,600

  • Financing Options

    FHA, Cash, Conventional, VA

  • Sq. Footage

    2,640

  • Price/SqFt

    $198

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • New Construction

    NO

  • Foundation Details

    Other

  • Sewer

    Public Sewer

  • Tax Lot

    67

  • Water Source

    Public

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Listing Courtesy of Alexander Taggart Penn , Keller Williams Realty Devon-Wayne

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Agent Nick Polinchock

Owner, Chief Executive Officer, Portfolio Advisor

Nick Polinchock

Call Nick today to schedule a private showing.

(267) 614-1331

(215) 821-8836

nick@tntrealestatesolutions.com


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468 E Walnut Ln – Turnkey Legal Triplex | $4,200/Month Rental Income. Exceptional investment opportunity at 468 E Walnut Ln. This legal triplex is fully updated and generating $4,200 per month in rental income, making it an ideal property for both investors looking to maximize returns and owner-occupants seeking to offset their mortgage with rental income. The property features three well-maintained units: Unit 1 (First Floor): Spacious 1-bedroom, 1-bath apartment with an oversized layout. Unit 2 (Second Floor): Updated 2-bedroom, 1-bath apartment. Unit 3: Updated 2-bedroom, 1-bath apartment. Each unit has been tastefully updated with new countertops and recessed lighting, creating modern, move-in-ready living spaces. All three units are equipped with central air conditioning and have separate heating systems, A/C condensers, and individual gas and electric meters, making management efficient while keeping utility costs separated. Tenants can enjoy a shared rear deck, and the basement features coin-operated laundry along with additional storage for tenant convenience. Whether you're looking to expand your investment portfolio or live in one unit while collecting rental income from the others, this completely turnkey triplex is ready to perform from day one. Don't miss this outstanding opportunity!

468 E WALNUT LANE

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