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Tamika R. Johnson

tamika@tamikajohnson-realtor.com +1(240) 602-4348

$ 625,000

Est. payment -/mo

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Active

2337 S ALDER ST Philadelphia, PA 19148

3 Beds

4 Baths

4,800 SqFt

UPDATED:

Key Details

Property Type Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 4,800 sqft

Price per Sqft $130

Subdivision Lower Moyamensing

MLS Listing ID PAPH2440328

Style Other,Converted Dwelling

Bedrooms 3

Full Baths 3

Half Baths 1

HOA Y/N N

Abv Grd Liv Area 4,800

Originating Board BRIGHT

Year Built 1925

Annual Tax Amount $12,333

Tax Year 2023

Lot Size 2,400 Sqft

Acres 0.06

Property Sub-Type Interior Row/Townhouse

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!

Location

State PA

County Philadelphia

Area 19148 (19148)

Zoning RSA5

Interior

Hot Water Electric

Heating Forced Air, Radiator

Cooling Central A/C, Wall Unit

Fireplace N

Heat Source Natural Gas, Electric

Exterior

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

Water Access N

Roof Type Flat

Accessibility None

Garage N

Building

Story 2

Foundation Other

Sewer Public Sewer

Water Public

Architectural Style Other, Converted Dwelling

Level or Stories 2

Additional Building Above Grade

New Construction N

Schools

School District Philadelphia City

Others

Senior Community No

Tax ID 394119900

Ownership Fee Simple

SqFt Source Estimated

Special Listing Condition Standard

Listed by Eric J Gerchberg • OCF Realty LLC - Philadelphia

Tamika R. Johnson

Broker Associate | License ID: 607079

+1(240) 602-4348

Tamika R. Johnson

2337 S ALDER ST Philadelphia, PA 19148

Key Details

Location

Interior

Exterior

Building

Schools

Others

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2337 S ALDER ST