4702 Cedar Ave,PHILADELPHIA, PA 19143
PHILADELPHIA, PA 19143
Description
Welcome to 4702 Cedar Avenue, a well-maintained, fully occupied duplex offering immediate rental income and excellent long-term investment potential. This duplex MUST be purchased with 4700 Cedar (triplex listed at $540,000) as they have a common entrance. 4702 Cedar consists of two three-bedroom apartments. The property includes full basement, has benefited from numerous upgrades and recent renovations in units, and is 100% occupied, providing immediate, stable rental income from day one. Ideally located in the heart of West Philadelphia, the property is just minutes from the University of Pennsylvania, Drexel University, Clark Park, Cedar Park, and the vibrant Baltimore Avenue commercial corridor, with its wide variety of restaurants, cafes, shops, and neighborhood amenities. This is a rare opportunity to acquire two properties featuring five total residential units connected by a shared entryway, creating the convenience of a single property while maintaining the character of residential multifamily housing not a commercial building. Whether you're looking to expand an existing portfolio or acquire a turnkey income-producing asset in one of Philadelphia's most desirable rental markets, this building is an exceptional investment opportunity. Don't miss your chance to own this unique multifamily property.
Details
| MLS # | PAPH2649238 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active Under Contract-bright |
| Year | 1925 |
| Days On Site | 87 |
| Listing Provided By | New Age Realty Group Inc | Nicole Caprario |
Features
| SQ Feet | 2,728 |
|---|---|
| Basement | Y |
| Units | 2 |
| Zoning | RSA3 |
| Acreage | 0.05 |
Interior
| Cooling | None |
|---|---|
| Heating Yes / No | Yes |
| Heating | Forced Air |
Exterior
| Construction Materials | Masonry |
|---|---|
| Foundation Details | Other |
Parking
| Garage Yes / No | No |
|---|
Taxes
| Tax Annual Amount | 7756 |
|---|
Area Information
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19143 |
| Area | 19143 (19143) |
| School District | PHILADELPHIA CITY |
| Listing VS Median (in 19143) | |
Price: $510,000 low | high Med: $185,000 sqft: 2,728 low | high Med: 1,254 $ / sqft: $187 low | high Med: $150 On site: 87 low | high Med: 243.5 | |
Market Activity 19143
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Learn More About This Property
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19143 |
| Area | 19143 (19143) |
| School District | PHILADELPHIA CITY |
| Listing VS Median (in 19143) | |
Price: $510,000 low | high Med: $185,000 sqft: 2,728 low | high Med: 1,254 $ / sqft: $187 low | high Med: $150 On site: 87 low | high Med: 243.5 | |
