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Photo of 2337 S Alder Street, Philadelphia PA
2337 S Alder Street
Philadelphia, PA 19148
# of Units
4
1 Bdrm Units
3
Acres
0.06
Interior SqFt
4,800
Age
99
Heating
Natural Gas
Cooling
Central A/C
Water
Public
Sewer
Public
Garages
0
Taxes (2023)
12,333
Additional Details Below

Description

Discover this outstanding investment in Lower Moyamensing! This property offers four, fully rented, turnkey units across three addresses, presenting a versatile and profitable opportunity. Currently earning over $61,000 in gross annual income, with a 6.7% 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!

Location

Driving Directions

Best bet is to use your GPS... Drive West on Ritner. Just past 10th St, make a right onto S Alder St. Property will be on your right.

Listing Details

Summary
Architectural Type

Converted Dwelling

Utilities
Cooling

Central A/C, Wall Unit, Electric

Heating

Forced Air, Radiator, Natural Gas, Electric

Hot Water

Electric

Sewer

Public Sewer

Water

Public

Additional Utilities

Water Available, Sewer Available, Natural Gas Available, Electric Available, Phone, Cable TV Available

Property History

Date
Change
Price

Miscellaneous

Assessment : 0
Zoning: Rsa5
Lattitude : 39.920590
Longitude : -75.163870
MLS# : PAPH2241848
Views : 50
Listing Courtesy: Eric Gerchberg of OCF Realty LLC - Philadelphia

Notes

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