2337-41 S ALDER ST Active Save Request In-Person Tour Request Virtual Tour
Philadelphia,PA 19148
Key Details
Property Type Multi-Family
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 4,800 sqft
Price per Sqft $142
MLS Listing ID PAPH2241848
Style Other,Converted Dwelling
Year Built 1925
Annual Tax Amount $12,333
Tax Year 2024
Lot Size 2,400 Sqft
Property 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!
Location
State PA
County Philadelphia
Area 19148 (19148)
Zoning RSA5
Interior
Hot Water Electric
Heating Forced Air,Radiator
Cooling Central A/C,Wall Unit
Exterior
Utilities Available Water Available,Sewer Available,Natural Gas Available,Electric Available,Phone,Cable TV Available
Waterfront N
Water Access N
Roof Type Flat
Building
Foundation Other
Sewer Public Sewer
Water Public
New Construction N
Schools
High Schools South Philadelphia
School District The School District Of Philadelphia
Others
Special Listing Condition Standard