4718 Cedar Ave - Apartments FOR SALE


Philadelphia, PA 19143- West Philadelphia
$665,000 USD
484-437-3126
4718 Cedar Ave, Philadelphia, PA for Sale
$665,000 USD
Apartments - FOR SALE
1/32
null | Request Cap Rate

4718 Cedar Ave
Philadelphia, PA 19143
West Philadelphia


OVERVIEW

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!

FOR SALE DETAILS

PRICE

$665,000 USD

PRICE/SF

$255 USD /SF

# OF UNITS

6

PRICE/UNIT

$110,833

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

RSA3

APN/PARCEL ID

881703100

ASK ABOUT THIS PROPERTY

Christos TzimoulisNew Age Realty Group IncMore Info
484-437-3126

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Christos TzimoulisNew Age Realty Group IncMore Info
484-437-3126

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.