$670,000
( $256.70Per Sq Foot )
 $3,597 est/mo Sourced by Back At You

4718 Cedar Ave , Philadelphia, PA 19143

Philadelphia, PA 19143

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Description

Excellent opportunity to purchase a 6-unit multifamily property in a fabulous location! 4718 Cedar Avenue is in the wonderful Cedar Park section of University City, Philadelphia. The building features 6 apartments (3 studios and 3 one-bedroom units), all of which are currently leased. Current rent roll is $5520 per month + $120 water fees. Total gross income of $5640 per month, $67,680 per year. Rent roll: 1F $925 (+$20 water) thru 5/31/2025; 1R $1050 (+$20 water) thru 3/31/2025; 2F $975 (+$20 water) thru 6/30/2025; 2R $1050 (+$20 water) thru 9/30/2025; 3F $560 (+$20 water) thru 4/30/2025 (long term tenant); 3R $960 (+$20 water) thru 3/31/2025. Each unit has individually controlled electric baseboard heaters paid for by tenants. Owner supplies hot and cold water. There is a coin op washer and dryer in the large common basement. This property is very close to parks, the bustling Baltimore Avenue commercial corridor and public transit, making it one of the most convenient locations in University City. Schedule your tour today!

Details

MLS#PAPH2396286
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1900
Days On Site57
Listing Provided ByNew Age Realty Group Inc | Christos Tzimoulis

Features

SQ Feet2,610
ZoningRSA3
Acreage0.05

Market Activity 19143

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Listings Checked: 2 minutes ago
StatePA
CountyPhiladelphia
CityPhiladelphia
Zip Code19143
Area19143
Community NameCedar Park
School DistrictThe School District Of Philadelp
Listing VS Median (in Cedar Park)
Price:
$670,000
low | high
Med:
$300,000
100% of Average
SqFt:
2,610
low | high
Med:
1,036
100% of Average
$ / SqFt:
$257
low | high
Med:
$290
37.195297643059% of Average
On Site:
57
low | high
Med:
88.000000
64.772727272727% of Average
Sourced by Back At You
Listing Updated: October 21, 2024 at 6:35:16 PM PDT