Philadelphia, PA 19148,2337-41 S ALDER ST
Philadelphia, PA 19148,2337-41 S ALDER ST
Philadelphia, PA 19148,2337-41 S ALDER ST
Philadelphia, PA 19148,2337-41 S ALDER ST
Philadelphia, PA 19148,2337-41 S ALDER ST
Philadelphia, PA 19148,2337-41 S ALDER ST
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$ 685,000
Est. payment | /mo

4,800 SqFt


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$ 685,000
Est. payment | /mo
Save

4,800 SqFt

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 4,800 sqft

Price per Sqft $142

MLS Listing ID PAPH2241842

Originating Board BRIGHT

Year Built 1925

Annual Tax Amount $12,333

Tax Year 2023

Lot Size 2,400 Sqft

Acres 0.06

Property 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

State PA

County Philadelphia

Area 19148 (19148)

Zoning RSA5

Interior

Hot Water Electric

Heating Forced Air, Radiator

Cooling Central A/C, Wall Unit

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

Foundation Other

Sewer Public Sewer

Water Public

New Construction N

Schools

High Schools South Philadelphia

School District The School District Of Philadelphia

Others

Tax ID 394119900

Ownership Fee Simple

SqFt Source Estimated

Special Listing Condition Standard

Bright MLS (BMLS)
Listed by Eric J Gerchberg • OCF Realty LLC - Philadelphia
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+1(717) 763-1212

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3 Lemoyne Drive, Suite 100, Lemoyne, PA, 17043

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2337-41 S ALDER ST