2337 S Alder Street, Philadelphia, PA 19148 $625,000

# of Units: 4
Interior Sq. Ft: 4,800
Acreage: 0.06
Age:100 years
Taxes: $13,855
MLS#: PAPH2440342
Design/Type:
Detached

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!

Taxes: $13,855
Home Assoc: No
Condo Assoc: No
Garage: N
Basement: N
Pool: No Pool
School Dist: The School District Of Philadelphia
High School: South Philadelphia

Features

Utilities
Forced Air Heating, Radiator Heating, Electric, Natural Gas, Central A/C, Wall Unit Cooling, Electric, Hot Water - Electric, Public Water, Public Sewer, Electric Available, Natural Gas Available, Utilities - Phone, Sewer Available, Water Available

Garage/Parking
On Street

Exterior
Flat Roof

Lot
Urban

Contact Information

Listing Courtesy of: OCF Realty LLC - Philadelphia , (215) 735-7368, info@ocfrealty.com

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Listing data as of 3/13/2025.