5136 Walnut St, Philadelphia, PA 19139

Property Description

5136 Walnut Street is a fully renovated and occupied legal triplex in West Philadelphia with a 10 year property tax abatement through 2029. The building features two studio apartments and one spacious two-bedroom unit, all updated with modern finishes. Fully rented and income-producing, the property provides immediate cash flow for investors while also presenting a great opportunity for an owner-occupant to live in one unit and offset expenses with rental income from the others. The 2020 full renovation included major system upgrades - updated electrical, plumbing, HVAC, insulation, new roof, vinyl siding and windows - providing a low-maintenance asset ready for long-term performance. Located in a convenient and growing West Philadelphia neighborhood, 5136 Walnut Street offers easy access to University City, public transportation, neighborhood shopping, and local dining, making it an attractive rental location for a wide range of tenants.