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233741 S Alder Street,  Philadelphia PA, 19148

(Active)
$685,000
|
4,800 sqft
|
MLS# PAPH2241842
Last Updated: 5/18/2024 7:41 PM
Description for 233741 S Alder Street Philadelphia, PA 19148
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!
Price
$685,000
PHILADELPHIA
4,800 (approx)
PAPH2241842
Active
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!
Listing Information
Property Type: Mixed Use, Business Opportunities, 2 Story
0.06 Acres 4,800 (approx) 1925
2
Public
Public Sewer
Cable Available, Natural Gas Available
4 Total
Neighborhood
Room Information
Interior Features
Electric Water Heater
Central Air
Gas Heat, Electric Heating, Forced Air
Exterior / Lot Features
On Street
Driving Directions
Best bet is to use your GPS... Drive West on Ritner. Just past 10th St, make a right onto S Alder St. Property will be on your right.
Financial Considerations
394119900
$12,333
Listing Price History

Philadelphia Real Estate

Philadelphia is located in Pennsylvania. Philadelphia, Pennsylvania 19148 has a population of 1,615,184.

The median household income in Philadelphia, Pennsylvania 19148 is $56,308. The median household income for the surrounding county is $50,724 compared to the national median of $66,222. The median age of people living in Philadelphia 19148 is 37 years.

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Courtesy: OCF Realty LLC - Philadelphia
BRIGHT MLS - All information, regardless of source, should be verified by personal inspection by and/or with the appropriate professional(s). The information is not guaranteed. Measurements are solely for the purpose of marketing, may not be exact, and should not be relied upon for loan, valuation, or other purposes.
This content last refreshed on 5/18/2024 7:41 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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