2337-41 South Alder Street
$685,000
3
3
4,800
4,800
$143
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...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!
- Listed by Eric J Gerchberg • OCF Realty LLC - PhiladelphiaP: (914)-393-3335 eric@ocfrealty.com
- Listed by Melanie Gerchberg • OCF Realty LLC - PhiladelphiaP: (215)-805-1069 melanie@ocfrealty.com
Property Details for 2337-41 South Alder Street
Tax ID Number
394119900
OwnershipFee Simple
Structure TypeDetached
StyleOther, Converted Dwelling
WaterfrontNo
GarageNo
Cross StreetRITNER
MunicipalityPHILADELPHIA
LISTING UPDATED: 08/25/2024 06:49 AM
Property Details for 2337-41 South Alder Street
Status | Active |
---|---|
MLS # | PAPH2241848 |
Days on Market | 533 |
Taxes | $12,333 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family / Fee Simple |
Year Built | 1925 |
Lot Size | 0.06 AC / 2,400 SF |
County | Philadelphia County |
Building Information for 2337-41 South Alder Street
Stories-Residences4Year Built1925Building Size-Lot Size0.06 AC / 2,400 SF
Property Information for 2337-41 South Alder Street
Property History for 2337-41 South Alder Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 2337-41 South Alder Street
This home is within The School District of Philadelphia.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 6 | |||
Public - | 5 to 12 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Key Francis Scott School PublicK to 6 | ||
Gamp Public5 to 12 | ||
South Philadelphia High School Public9 to 12 | ||
Creative And Performing Arts Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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