Other, Converted Dwelling
2337 S ALDER STREET
PHILADELPHIA , PA 19148
MLS#: PAPH2440342
$625,000
Property
Beds
3
Full Baths
None
1/2 Baths
None
Year Built
1925
Sq.Footage
4,800
Discover this outstanding investment in Lower Moyamensing! This property offers four, turnkey units across three addresses, presenting a versatile and profitable opportunity. Currently earning over $67,000 in gross annual income, with a 8.3% 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!
Features & Amenities
Interior
-
Total Bedrooms
3
Area & Lot
-
Lot Size(acres)
0.06
-
Property Type
Residential Income
-
Architectural Style
Other, Converted Dwelling
Exterior
-
Garage
No
-
Construction Materials
Other
-
Parking
On Street
Financial
-
Sales Price
$625,000
-
Tax Amount
13855.0
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Location
County
PHILADELPHIA
Elementary School
Middle School
High School
SOUTH PHILADELPHIA
Listing Courtesy of Eric J Gerchberg , OCF Realty LLC - Philadelphia
RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
Owner, President, Investment Property Advisor
TheresaKehler
Call Theresa today to schedule a private showing.
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