4718 Cedar Avenue
$670,000
—
2,610
2,610
$257
Description
Excellent opportunity to purchase a 6-unit multifamily property in a fabulous location! 4718 Cedar Avenue is in the wonderful Cedar Park section of University City, Philadelphia. The building features 6 apartments (3 studios and 3 one-bedroom units), all of which are currently leased. Current rent roll is $5520 per month + $120 water fees. Total gross income of $5640 per month, $67,680 per year. Rent roll: 1F $925 (+$20 water) thru 5/31/2025; 1R $1050 (+$20 water) thru 3/31/2025; 2F $975 (+$20 water)...Excellent opportunity to purchase a 6-unit multifamily property in a fabulous location! 4718 Cedar Avenue is in the wonderful Cedar Park section of University City, Philadelphia. The building features 6 apartments (3 studios and 3 one-bedroom units), all of which are currently leased. Current rent roll is $5520 per month + $120 water fees. Total gross income of $5640 per month, $67,680 per year. Rent roll: 1F $925 (+$20 water) thru 5/31/2025; 1R $1050 (+$20 water) thru 3/31/2025; 2F $975 (+$20 water) thru 6/30/2025; 2R $1050 (+$20 water) thru 9/30/2025; 3F $560 (+$20 water) thru 4/30/2025 (long term tenant); 3R $960 (+$20 water) thru 3/31/2025. Each unit has individually controlled electric baseboard heaters paid for by tenants. Owner supplies hot and cold water. There is a coin op washer and dryer in the large common basement. This property is very close to parks, the bustling Baltimore Avenue commercial corridor and public transit, making it one of the most convenient locations in University City. Schedule your tour today!
- Listed by Christos Tzimoulis • New Age Realty Group IncP: (215)-387-1002 chris@newagerealtygroup.com
Property Details for 4718 Cedar Avenue
Tax ID Number
881703100
OwnershipFee Simple
Structure TypeTwin/Semi-Detached
StyleOther
WaterfrontNo
GarageNo
Expected On Market Date09-16-2024
SubdivisionCEDAR PARK
LISTING UPDATED: 10/21/2024 01:58 PM
Property Details for 4718 Cedar Avenue
Status | Active |
---|---|
MLS # | PAPH2396548 |
Days on Market | 100 |
Taxes | $7,942 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family / Fee Simple |
Year Built | 1900 |
Lot Size | 0.05 AC / 2,087 SF |
County | Philadelphia County |
Building Information for 4718 Cedar Avenue
Stories-Residences4Year Built1900Building Size-Lot Size0.05 AC / 2,087 SF
Property Information for 4718 Cedar Avenue
Property History for 4718 Cedar Avenue
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.
Public Records for 4718 Cedar Avenue
Taxable ValueLand$153,300Additions$357,700Total$511,000
Tax Record2024$7,153 ($596 / month)
Home Facts
Total Finished SqFt2,610 SqFtAbove Grade Finished SqFt2,610 SqFtStories3Lot Size2,087 SqFtStyleMulti-Family Res (5+ Units)Year Built1900ZoningRSA3CountyPHILADELPHIAAPN88-1-7031-00
Schools near 4718 Cedar Avenue
This home is within The School District of Philadelphia.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Lea Henry C School PublicPK to 8 | ||
West Philadelphia High School Public9 to 12 | ||
The Workshop School Public9 to 12 | ||
Paul Robeson High School For Human Services 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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