2337-41 S Alder St, Philadelphia, PA 19148 | For Sale

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For Sale $685,000

$685,000
  • (0)
  • 4 Units
  • Unknown Sq Ft
  • 2,400 Sq Ft
  • Unknown Cap Rate

Description

Discover this outstanding investment in Lower Moyamensing! This property offers four, fully rented, turnkey units across three addresses, presenting a versatile and profitable opportunity. Currently earning over $61,000 in gross annual income, with a 6.7% Cap rate, this property is an excellent addition to any investment portfolio.

The property includes three 800 SF, 1-bedroom, 1-bathroom residential apartments, each equipped with in-unit washer and dryers. Additionally, a 2,000+ SF Commercial Garage space is occupied by a local sign company, ensuring extra steady income.

Beyond its investment potential, consider transforming this property into your dream mansion with parking!

Located in bustling Lower Moyamensing, it provides proximity to all the restaurants and stores along Passyunk Ave, and SEPTA.

Act quickly to explore this versatile property in Lower Moyamensing. Whether you're an investor or seeking your ideal home, this opportunity won't last long. Contact us today to schedule a viewing!

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


The income description goes here to explain

Expenses

Property Details

List Price $685,000
Property Type Flex Space
Usable Sqft Unknown
Number of Stories 2 stories
Parking Spots 0 spots
Year Built 1925
Last Sold Unknown
Sold Price Unknown
APN # 394119900
MLS # PAPH2241842
Property ID 320008199
Lot Sqft 2,400
Zoning RSA5
Total Units 4
Days on Market 568
Original List Price Unknown
Date Updated August 14, 2024
Date Created May 30, 2023

Financials not available online. Please inquire with your agent for more details.

Listing Provided By

Eric J Gerchberg an agent of OCF Realty LLC - Philadelphia. Lic #RS327734


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Data last updated: December 18, 2024.
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