4718 Cedar Ave - Apartments FOR SALE


Philadelphia, PA 19143- Cedar Park
$690,000 USD
484-437-3126
4718 Cedar Ave, Philadelphia, PA for Sale
$690,000 USD
Apartments - FOR SALE
1/32
null | Request Cap Rate

4718 Cedar Ave
Philadelphia, PA 19143
Cedar Park


OVERVIEW

Excellent opportunity to purchase a 6-unit multifamily property in a fabulous location! 4718 Cedar Avenue is in the wonderful Cedar Park section of University City, Philadelphia. The building features 6 apartments (3 studios and 3 one-bedroom units). The building is 100% leased. Current rent roll is $5,895 per month + $120 in water fees. Gross income is $6,015 per month, or $72,180 per year. Each unit has individually controlled electric baseboard heaters paid for by tenants. Owner supplies hot and cold water. There is a coin op washer and dryer in the large common basement. This property is very close to parks, the bustling Baltimore Avenue commercial corridor and public transit, making it one of the most convenient locations in University City. Schedule your tour today!

FOR SALE DETAILS

PRICE

$690,000 USD

PRICE/SF

$264 USD /SF

# OF UNITS

6

PRICE/UNIT

$115,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,091 SF

ZONING

RSA3

APN/PARCEL ID

881703100

ASK ABOUT THIS PROPERTY

Christos TzimoulisNew Age Realty Group IncMore Info
484-437-3126

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Christos TzimoulisNew Age Realty Group IncMore Info
484-437-3126

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