$685,000 $3,677 est/mo Sourced by Back At You

2337-41 S Alder St,Philadelphia, PA 19148

Philadelphia PA, 19148

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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!

Details

MLS#PAPH2241848
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1925
Days On Site417
Listing Provided ByOCF Realty LLC - Philadelphia | Eric J Gerchberg
Buying Commision2.75% Of Gross

Features

SQ Feet4,800
ZoningRSA5
Acreage0.06

Market Activity 19148

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Learn More About This Property

StatePA
CountyPhiladelphia
CityPhiladelphia
Zip Code19148
Area19148
School DistrictThe School District Of Philadelp
Listing VS Median (in 19148)
Price:
$685,000
low | high
Med:
$275,000
100% of Average
SqFt:
4,800
low | high
Med:
959
100% of Average
$ / SqFt:
$143
low | high
Med:
$294
56.047631790206% of Average
On Site:
417
low | high
Med:
16
100% of Average
Sourced by Back At You
Listing Updated: July 10, 2024 at 7:06:40 PM PDT