$625,000

2337 S ALDER ST, Philadelphia, PA 19148

other
Built in 1925
2,614sqft lot
—— car garage
$——/sqft
Listed 9 months ago

Property Description

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!

Listing Status:: Active
Listing Office:: OCF Realty LLC - Philadelphia : 2157357368
Listing Agent:: Eric J Gerchberg : 9143933335
MLS ID:: PAPH2440354

A/C: Central A/CWall Unit
Heating: Forced AirRadiatorNatural GasElectric
Disability Feature: None

Roofing: Flat
General: Other

Originating MLS: BRIGHT_MAIN
School District: THE SCHOOL DISTRICT OF PHILADELPHIA
County: PHILADELPHIA-PA

Zoning: RSA5394119900

Utilities: Water availableSewer availableNatural gas availableElectric availablePhoneCable tv available
Water: Public
Sewer: Public Sewer

Source: BRIGHT_MAIN
Exclusions: Tenant's personal items

This listing courtesy of Eric J Gerchberg, OCF Realty LLC - Philadelphia

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Francis Scott Key School

2230 S 8th St, Philadelphia, PA, 19148

Grades KG-6

0.18 miles away

D. Newlin Fell School

900 W Oregon Ave, Philadelphia, PA, 19148

Grades KG-8

0.34 miles away

South Philadelphia High School

2101 S Broad St, Philadelphia, PA, 19148

Grades 9-12

0.31 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.