$ 685,000
-
$685,000
Price -
8
Bed -
5
Bath -
2,040
SqFt
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About the Listing LPT2 - 3151733
This property qualifies for CRA financing with 3% down, no PMI, and an interest rate lower than FHA. HWA home warranty will be included in the sale of the property. Exceptional investment opportunity in the Walnut Hill neighborhood! This fully renovated four-unit multifamily property, reconstructed in 2021, features four spacious residential units, each offering 2 bedrooms and 1 full bathroom. Ideal for owner-occupants looking to offset their mortgage with rental income or investors seeking a turnkey addition to their portfolio. Designed with modern style and low-maintenance living in mind, each unit showcases hardwood flooring, recessed lighting, granite countertops, white cabinetry, and a full suite of stainless steel appliances, including a refrigerator, range, microwave, and dishwasher. Every unit is individually metered and equipped with its own heater, hot water heater, central air conditioning, and in-unit laundry hookups, providing added convenience and privacy. The first-floor unit offers direct access to the enclosed rear yard, while secure building access is enhanced by a Bluetooth intercom system and electronic door entry. Major building systems, including plumbing, electrical, heating, and central air, were all newly installed during the 2021 reconstruction. A 10-year Tax Abatement has been applied for with the City of Philadelphia. Buyer is responsible for verifying zoning and intended use. Key Bank is offering a 5K credit for this property which can be tied in with the Philly First 10K grant. The 5K credit can be applied toward closing costs or to prepay mortgage, flood/hazard insurance, escrow deposit, real estate taxes, or per diem interest. Conveniently located near shopping, dining, public transportation, and nearby parks including Black Oak and Cedar Park, this is a rare opportunity to own a modern, income-producing property in a growing neighborhood. Schedule your showing today!
Listing Highlights
Status
Active
Days on Site
27
Property Type
Multi-Family
MLS ®
PAPH2642830
Year Built
1925
Total Square Footage
2,040
Lot/Acreage
0.03
County
Philadelphia
Neighborhood
Walnut Hill
Area
19139 (19139)
School District
The School District Of Philadelphia
Interior Details
- Bedrooms: 8
- Bathrooms: 5 Full
- Appliances: Microwave, Oven/Range - Electric, Refrigerator, Dishwasher
- Air Cond: Central A/C
- Heating: 90% Forced Air
- Fireplaces:
- Floor: Wood,Ceramic Tile
- Above Ground Sq Ft: 2040
- Below Ground Sq Ft: 0
- Basement: Full,Fully Finished
- Other: Floor Plan - Open,Kitchen - Gourmet,Recessed Lighting,Sprinkler System,Bathroom - Stall Shower,Bathroom - Tub Shower,Wood Floors
- Water: Public
Exterior Details
- Lot Description: Rear Yard,Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Zoning: RM1
- Roof:
- Others: Sidewalks,Street Lights,Excellent
- Sewer: Public Sewer
- Parking Features: On Street
Financial Details
- Tax Amount: $10,218
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2026
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Questions About..
207 S 49th St Philadelphia, PA 19139
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