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2337-41 S Alder St, PHILADELPHIA, PA – $685,000

  • $685k Price
  • 2,000 Sqft
  • .06 Acres
  • 594 DOM
  • $685k Price
  • 2,000 Sqft
  • .06 Acres
  • 594 DOM

2337-41 S Alder St

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!

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Essential Information

  • MLS® #PAPH2241842
  • Price$685,000
  • Bathrooms0.00
  • Square Footage2,000
  • Acres0.06
  • Year Built1925
  • TypeCommercial Sale
  • Sub-TypeMixed Use
  • StatusActive

Community Information

  • Address2337-41 S Alder St
  • Area19148
  • CityPHILADELPHIA
  • CountyPHILADELPHIA-PA
  • StatePA
  • MunicipalityPHILADELPHIA
  • Zip Code19148

Amenities

Utilities

Water Available, Sewer Available, Natural Gas Available, Electric Available, Phone, Cable TV Available

Interior

  • HeatingForced Air, Radiator
  • CoolingCentral A/C, Wall Unit
  • # of Stories2

Exterior

  • RoofFlat
  • FoundationOther

School Information

  • HighSOUTH PHILADELPHIA

District

THE SCHOOL DISTRICT OF PHILADELPHIA

Additional Information

  • Date ListedMay 31st, 2023
  • Days on Market594
  • ZoningRSA5

Listing Details

  • OfficeOCF Realty LLC - Philadelphia
  • Office Contact(215) 735-7368
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Price Change History for 2337-41 S Alder St, PHILADELPHIA, PA (MLS® #PAPH2241842)

Date Details Price Change
Price Reduced (from $700,000) $685,000 $15,000 (2.14%)

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Listing information last updated on January 23rd, 2025 at 8:36am CST.