$612,000
SOLD MAY 28, 2025

1000 Walnut St Taylor, PA 18517

-- Bed
-- Bath
10,500 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$58 Per Sq Ft

9% Below List Price

49 Days on Market

Highlights

  • Golf Course View
  • Corner Lot
  • Crown Molding
  • Traditional Architecture
  • Double Door Entry
  • Surveillance System

About This Home

As of May 2025

"A turn-key operation for this immaculately maintained five-unit investment property", truly the only multi-family property of its kind nestled in a quiet suburb, close to major highways and essential amenities. This thoughtfully designed building features a consistent layout across all units, each boasting 2 bedrooms and 1 full bath, which enhances management efficiency and tenant satisfaction. Three of the units were recently remodeled in 2020, showcasing modern finishes that attract high-quality tenants, while one ground-floor unit includes an adjoining personal office and bathroom that can easily serve as a third bedroom, catering perfectly to families or remote workers. The property is meticulously maintained with comprehensive lawn care, snow removal, and expert property management already in place, ensuring a hassle-free ownership experience. Situated on a corner lot, this property enjoys easy access to major highways and remains in a tranquil neighborhood, making it highly desirable for renters. Ample parking is provided through a spacious driveway, and an additional side yard can be utilized for recreational purposes or offers the potential for building additional units, enhancing your investment's value. Each unit has separate utilities, allowing for straightforward management and ensuring tenants are responsible for their own usage, while the on-site office in the ground-floor unit streamlines communication and oversight. This property promises consistent rental income and a unique opportunity for future expansion and growth, with a strong rental market and desirable location poised for significant appreciation. Don’t miss out on this rare opportunity in today’s market—schedule a viewing today and experience firsthand the value this five-unit apartment building brings. Invest wisely and secure your financial future with this outstanding property!

Last Agent to Sell the Property

Michael Bouselli

Compass RE License #RS333923 Listed on: 04/04/2025

Compass RE

Last Buyer's Agent

datacorrect BrightMLS

Non Subscribing Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,029

Year Built

  • Built in 1992 | Remodeled in 2020

Lot Details

  • 7,405 Sq Ft Lot
  • Corner Lot
  • Level Lot
  • Property is in excellent condition

Property Views

  • Golf Course
  • Woods

Home Design

  • Quadruplex
  • Traditional Architecture
  • Block Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 10,500 Sq Ft Home
  • Crown Molding
  • Ceiling Fan
  • Double Door Entry
  • Terrazzo Flooring
  • Dryer
  • Finished Basement

Home Security

  • Surveillance System
  • Exterior Cameras
  • Fire and Smoke Detector

Parking

  • 10 Parking Spaces
  • 10 Driveway Spaces

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Electric Baseboard Heater
  • 200+ Amp Service
  • Multi-Tank Hot Water Heater
  • Municipal Trash

Additional Features

  • Energy-Efficient Windows
  • Suburban Location

Listing and Financial Details

  • The owner pays for insurance, miscellaneous, sewer, repairs, real estate taxes, trash collection, water
  • Assessor Parcel Number 15517-050-038

Community Details

Overview

  • 4 Units
  • 3-Story Building

Building Details

  • Income includes apartment rentals
  • Insurance Expense $2,000
  • Maintenance Expense $1,800
  • Other Expense $2,221
  • Trash Expense $1,600
  • Operating Expense $18,104
  • Gross Income $40,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,029

Year Built

Built in 1992 | Remodeled in 2020

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Exclusions: negotiable, all personal items of seller
  • Historic: No
  • Inclusions: negotiable
  • New Construction: No
  • Other Expense: 2221.00
  • Year Built: 1992
  • Year Renovated: 2020
  • Automatically Close On Close Date: Yes
  • Building Winterized: No
  • Remarks Public: "A turn-key operation for this immaculately maintained five-unit investment property", truly the only multi-family property of its kind nestled in a quiet suburb, close to major highways and essential amenities. This thoughtfully designed building features a consistent layout across all units, each boasting 2 bedrooms and 1 full bath, which enhances management efficiency and tenant satisfaction. Three of the units were recently remodeled in 2020, showcasing modern finishes that attract high-quality tenants, while one ground-floor unit includes an adjoining personal office and bathroom that can easily serve as a third bedroom, catering perfectly to families or remote workers. The property is meticulously maintained with comprehensive lawn care, snow removal, and expert property management already in place, ensuring a hassle-free ownership experience. Situated on a corner lot, this property enjoys easy access to major highways and remains in a tranquil neighborhood, making it highly desirable for renters. Ample parking is provided through a spacious driveway, and an additional side yard can be utilized for recreational purposes or offers the potential for building additional units, enhancing your investment's value. Each unit has separate utilities, allowing for straightforward management and ensuring tenants are responsible for their own usage, while the on-site office in the ground-floor unit streamlines communication and oversight. This property promises consistent rental income and a unique opportunity for future expansion and growth, with a strong rental market and desirable location poised for significant appreciation. Don’t miss out on this rare opportunity in today’s market—schedule a viewing today and experience firsthand the value this five-unit apartment building brings. Invest wisely and secure your financial future with this outstanding property!
  • Special Features: None

Interior Features

  • Appliances: Dryer
  • Flooring Type: Terrazzo
  • Interior Amenities: Ceiling Fan(s), Crown Moldings
  • Window Features: Energy Efficient
  • Fireplace: No
  • Door Features: Double Entry
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Block
  • Room Count: 5
  • Basement: Yes
  • Basement Type: Fully Finished
  • Total Sq Ft: 10500
  • Living Area Sq Ft: 10500
  • Price Per Sq Ft: 64.29
  • Above Grade Finished Sq Ft: 10500
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1000

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Exterior Features: Exterior Lighting, Gutter System
  • Roof: Shingle
  • Spa: No
  • View: Golf Course, Trees/Woods, Street
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Concrete Driveway
  • Total Garage And Parking Spaces: 10
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 10

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Wall Unit
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Multi-Tank
  • Security: Security System, Surveillance Sys, Exterior Cameras, Fire Detection System
  • Sewer/Septic System: Public Sewer
  • Utilities: Natural Gas Available, Sewer Available, Water Available, Electric Available
  • Water Source: Public
  • Municipal Trash: Yes
  • Internet Services: Fiber Optic

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • School District: RIVERSIDE
  • School District Key: 300200396552
  • School District Source: Listing Agent

Lot Info

  • Lot Features: Corner, Level
  • Lot Size Acres: 0.17
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7405.20
  • Property Condition: Very Good, Excellent
  • Year Assessed: 2024
  • Zoning: R3
  • Zoning Description: Multi Family

Rental Info

  • Existing Lease Type: Month To Month
  • Ground Rent Exists: No
  • Number Of Units Month To Month: 5
  • Owner Pays: Insurance, Miscellaneous, Sewer, Repairs, Taxes - Real Estate, Trash Collection, Water
  • Rent Control: No
  • Total Actual Rent: 40546.00
  • Units Furnished: All
  • Units Leased Count: 5
  • Vacation Rental: No

Tax Info

  • School Tax: 2960.79
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 5029.00
  • Assessor Parcel Number: 15517-050-038
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 05/28/2025

Multi Family

  • Gross Income: 58650.00
  • Gross Scheduled Income: 40000.00
  • Income Includes: Apartment Rentals
  • Operating Expense: 18104.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3

MLS Schools

  • School District Name: RIVERSIDE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2025
Closed on
Jun 3, 2025
Sold by
Msmc Ventures Llc
Bought by
Glory Be Llc
Seller's Agent
Michael Bouselli
Compass RE
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$675,000
Sold Price
$612,000
Premium/Discount to List
-$63,000
-9.33%
Views
23

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
52.28%
Original Mortgage
$489,600
Outstanding Balance
$489,600
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$170,525

Purchase Details

Closed on
May 31, 2018
Sold by
Surridge Joseph D and Surridge Maureen R
Bought by
Msmc Ventures Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
4.4%
Mortgage Type
Commercial

Purchase Details

Closed on
May 24, 1984
Bought by
Surridge Jos and Lydon Maureen
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $612,000 Bilbow Abstract
Deed $192,500 --
Deed $53,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $489,600 New Conventional
Previous Owner $172,000 Commercial
Previous Owner $50,000 Future Advance Clause Open End Mortgage
Previous Owner $50,000 Credit Line Revolving
Previous Owner $25,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2025 05/28/25 Sold $612,000 -9.3% $58 / Sq Ft
05/23/2025 05/23/25 Pending -- -- --
04/04/2025 04/04/25 For Sale $675,000 -- $64 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,543 $23,000 $3,000 $20,000
2024 $4,944 $23,000 $3,000 $20,000
2023 $4,944 $23,000 $3,000 $20,000
2022 $4,944 $23,000 $3,000 $20,000
2021 $4,944 $23,000 $3,000 $20,000
2020 $4,847 $23,000 $3,000 $20,000
2019 $4,617 $23,000 $3,000 $20,000
2018 $4,536 $23,000 $3,000 $20,000
2017 $4,405 $23,000 $3,000 $20,000
2016 $2,619 $23,000 $3,000 $20,000
2015 -- $23,000 $3,000 $20,000
2014 -- $23,000 $3,000 $20,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PALW2000560

Bright MLS

APN: 15517050038