BEDS0
BATHS
SQUARE FEET2,728
MLS#PAPH2649206
STATUSACTIVE
PROPERTY TYPEMulti Unit - Multiple
SCHOOLPHILADELPHIA CITY
Property Description
Welcome to 4700 Cedar Avenue, a well-maintained, fully occupied triplex offering immediate rental income and excellent long-term investment potential. This triplex MUST be purchased with 4702 Cedar (duplex listed at $510,000) as they have a common entrance. 4700 Cedar consists of one one-bedroom apartment, one studio apartment, and one spacious three-bedroom apartment, making the property attractive to a diverse tenant base. The property includes full basement, has benefited from numerous upgrades and recent renovations in several units, and is 100% occupied, providing immediate, stable rental income from day one. Ideally located in the heart of West Philadelphia, the property is just minutes from the University of Pennsylvania, Drexel University, Clark Park, Cedar Park, and the vibrant Baltimore Avenue commercial corridor, with its wide variety of restaurants, cafes, shops, and neighborhood amenities. This is a rare opportunity to acquire two properties featuring five total residential units connected by a shared entryway, creating the convenience of a single property while maintaining the character of residential multifamily housing not a commercial building. Whether you're looking to expand an existing portfolio or acquire a turnkey income-producing asset in one of Philadelphia's most desirable rental markets, this building is an exceptional investment opportunity. Don't miss your chance to own this unique multifamily property.
Property Features
Property Type: Multi Unit - Multiple
Cooling: None
Fuel Type: Natural Gas
Heating: Forced Air
Lot Size: 0.04 Acres
Taxes: $8,264
Year Built: 1925
Feature Descriptions
Additional Structures: Above Grade, Below Grade
Exterior: Masonry
Lot Dimensions: 0.04 Acre(S)
Municipality: PHILADELPHIA
One Bedroom Units: 1
Sewer: Public Sewer
Structure Type: Twin/Semi-Detached
Studio Efficiency Units: 1
Three Bedroom Units: 1
Total Garage/Parking Spaces: 0
Units: 3
Water: Public
Local Schools
School District: PHILADELPHIA CITY
Listed By / Shown By
Listed By
Agency Name: New Age Realty Group Inc
Agency Phone: 2153871002
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0040
Estimate Your Payment
Estimated Payment
$ 2,047.97 per month $1,201.81 Principal & Interest $688.67 Property Tax $157.50 Homeowner's InsuranceChange Payment Information
4700 Cedar Avenue | MLS# PAPH2649206
This multi-family property located at 4700 Cedar Avenue , Philadelphia, PA 19143 is currently listed for sale with an asking price of $540,000. Cedar Avenue is located within the PHILADELPHIA CITY school district. Search Philadelphia real estate on www.realtymark.net today.