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4702 CEDAR AVENUE

PHILADELPHIA, PA 19143

MLS#: PAPH2649238

$510,000

Status: Active
Listing number: PAPH2649238
Listing provided by: New Age Realty Group Inc
Listing agent phone: None
Last update: 16 days ago
On site: 17 days ago
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Property

Beds

6

Full Baths

None

1/2 Baths

None

Year Built

1925

Sq.Footage

2,728

Welcome to 4702 Cedar Avenue, a well-maintained, fully occupied duplex offering immediate rental income and excellent long-term investment potential. This duplex MUST be purchased with 4700 Cedar (triplex listed at $540,000) as they have a common entrance. 4702 Cedar consists of two three-bedroom apartments. The property includes full basement, has benefited from numerous upgrades and recent renovations in 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.

Features & Amenities

Interior

  • Total Bedrooms

    6

  • Bathrooms

    N/A

  • Above Grade Finished Area

    2728.0

  • Basement YN

    YES

  • Cooling YN

    NO

  • Cooling

    None

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Natural Gas, Forced Air

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Parking

    None

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.05

  • Lot Size(square feet)

    2,173

  • Property Type

    Residential Income

  • Property Sub Type

    Duplex

  • Architectural Style

    Other

Price

  • Sales Price

    $510,000

  • Tax Amount

    $7,756

  • Sq. Footage

    2,728

  • Price/SqFt

    $186

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • New Construction

    NO

  • Foundation Details

    Other

  • Sewer

    Public Sewer

  • Tax Lot

    153

  • Water Source

    Public

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Listing Courtesy of Nicole Caprario , New Age Realty Group Inc

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Agent Theresa Kehler

Owner, President, Investment Property Advisor

Theresa Kehler

Call Theresa today to schedule a private showing.

(215) 605-9647

theresa@tntrealestatesolutions.com


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Welcome to 4702 Cedar Avenue, a well-maintained, fully occupied duplex offering immediate rental income and excellent long-term investment potential. This duplex MUST be purchased with 4700 Cedar (triplex listed at $540,000) as they have a common entrance. 4702 Cedar consists of two three-bedroom apartments. The property includes full basement, has benefited from numerous upgrades and recent renovations in 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.

4702 CEDAR AVENUE

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