4617 Woodland Ave - Multi-Family FOR SALE


Philadelphia, PA 19143- Kingsessing
$475,000 USD
215-607-6007
4617 Woodland Ave, Philadelphia, PA for Sale
$475,000 USD
Multi-Family - FOR SALE
1/52
null | 9.03% Cap Rate

4617 Woodland Ave
Philadelphia, PA 19143
Kingsessing


HIGHLIGHTS

  • High Upside Potential – Located next to new developments, promising value appreciation.
  • Mixed-Use Versatility – Commercial and residential units provide diverse income sources.
  • Under-Market Units – Immediate opportunity to boost revenue by bringing rents to market rates.
  • Value-Add Opportunity – Common outdoor space, laundry facility, and garage offer additional revenue potential.
  • Strong Financials – Projected 9% cap rate with $60k+ annual gross rent.

OVERVIEW

Welcome to 4617 Woodland Ave, a fantastic mixed-use corner triplex nestled right next to exciting new developments, offering tremendous upward potential and exceptional value-add opportunities. This versatile property features a commercial unit, currently utilized as a therapy center, which will be delivered vacant—perfect for immediate occupancy or re-leasing at market rates. The residential units are currently month-to-month, under market value, and can also be delivered vacant, providing maximum flexibility for repositioning and optimizing rental income.Enhancing its investment appeal, the property includes a shared outdoor area ideal for tenant enjoyment and an attached laundry facility, conveniently located in the rear garage—offering significant potential for additional income streams. Projected to generate a robust 9% cap rate and over $60k in annual gross rent, this property represents an excellent opportunity for both seasoned investors and those looking to expand their portfolio.

FOR SALE DETAILS

PRICE

$475,000 USD

PRICE/SF

$152 USD /SF

# OF UNITS

3

PRICE/UNIT

$158,333

CAP RATE

9.03%

% LEASED

66%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Woodland Ave Triplex

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

ADD'L SUBTYPES

Storefront Retail/Residential, Apartments, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1940

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,106 SF

ZONING

CMX2

APN/PARCEL ID

871600835

ASK ABOUT THIS PROPERTY

Rich CassellKW EmpowerMore Info
215-607-6007

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Rich CassellKW EmpowerMore Info
215-607-6007

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.