551 WALNUT LN Philadelphia, PA 19128

Opportunity. This seller is selling 2 parcels: 551 Walnut Lane and 553 Walnut Lane located in central Roxborough. They will be sold together, and they are currently 2 separately described parcels in one deed. 551 Walnut is an irregular shaped central Roxborough property with approximately .54A with RSD-3 zoning and C40 current use. It includes a rather stately and beautiful 3-story stone and stucco structure c. 1920's built as center hall colonial single family home with 5 bedrooms and 2 1/2 baths, tastefully converted to offices in 1997. The structure is in excellent condition with wall-to-wall over wood floors, 3-zoned central air and gas hot air heat, open unfinished high-ceilinged basement. House sits in center of its large grassy lot high over Walnut Lane and Houghton Street. Property stretches from Walnut Lane to Kingsley Street. Two car detached garage and off-street parking for several cars accessed from Kingsley Street. 553 Walnut Lane is a 50'x262'a rectangular (50x262)vacant lot that runs from Walnut Lane to Kingsley along Houghton, also zoned RSD-3. (See MLS#7072317). This lot is unimproved. Together, the two lots are in a terrific location on Walnut between Henry Ave and Ridge Ave, close to Roxborough Hospital, Dallesandro's Steaks, Stanley's Hardware, and a variety of shops, restaurants, places of worship and schools. Public transit at either Henry or Ridge. See Seller Disclosure and plot plan posted here. Please note that the real estate taxes noted here reflect a 501 (C )3 owner and may not be the same for a new owner. Prospective buyers should investigate possible new tax calculations.