Welcome to 4700 Cedar Avenue, a well-maintained, fully occupied triplex offering immediate rental income and excellent long-term investment potential. This triplex MUST be purchased with 4702 Cedar (duplex listed at $510,000) as they have a common entrance. 4700 Cedar consists of one one-bedroom apartment, one studio apartment, and one spacious… Read More three-bedroom apartment, making the property attractive to a diverse tenant base. The property includes full basement, has benefited from numerous upgrades and recent renovations in several 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. Read Less
Courtesy of Nicole Caprario, New Age Realty Group Inc. 215-387-1002.
Listing Snapshot
Days Online
1
Last Updated
Property Type
Triplex
Square Ft.
2,728
Lot Size
0.04 Acres
Year Built
1925
MLS Number
PAPH2649206
Additional Details
Building
Built in 1925, Living area: 2728, Construction Materials: Masonry
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