4718 CEDAR AVE new to site Save Request In-Person Tour Request Virtual Tour
Philadelphia,PA 19143
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 2,087 sqft
Price per Sqft $330
Subdivision Cedar Park
MLS Listing ID PAPH2534908
Year Built 1900
Available Date 2025-09-08
Annual Tax Amount $7,152
Tax Year 2025
Lot Size 2,087 Sqft
Acres 0.05
Lot Dimensions 21.00 x 99.00
Property Sub-Type Five Or More Units
Source BRIGHT
Property 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 units are leased except 3F, which is now on the rental market with an anticipated rent of $875. Current rent roll is $5,020 per month + $100 in water fees. With 3F leased at $875, monthly rent goes to $5,895 and water to $120 per month for a total of $6,015, or $72,180 per year. 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!
Location
State PA
County Philadelphia
Area 19143 (19143)
Zoning RSA3
Interior
Hot Water Natural Gas
Heating Baseboard - Electric
Cooling None
Heat Source Electric
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 881703100
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard