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Marjorie Dick Stuart

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4718 Cedar Ave, PHILADELPHIA, PA – $665,000

  • $665k Price
  • 2,610 Sqft
  • ½ Acres
  • 136 DOM
  • $665k Price
  • 2,610 Sqft
  • ½ Acres
  • 136 DOM

4718 Cedar Ave

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!

Essential Information

  • MLS® #PAPH2396286
  • Price$665,000
  • Bathrooms0.00
  • Square Footage2,610
  • Acres0.05
  • Year Built1900
  • TypeCommercial Sale
  • Sub-TypeFive Or More Units
  • StatusActive

Community Information

  • Address4718 Cedar Ave
  • Area19143
  • SubdivisionCEDAR PARK
  • CityPHILADELPHIA
  • CountyPHILADELPHIA-PA
  • StatePA
  • MunicipalityPHILADELPHIA
  • Zip Code19143

Interior

  • HeatingBaseboard - Electric
  • CoolingNone

School Information

District

THE SCHOOL DISTRICT OF PHILADELPHIA

Additional Information

  • Date ListedSeptember 16th, 2024
  • Days on Market136
  • ZoningRSA3

Listing Details

  • OfficeNew Age Realty Group Inc
  • Office Contact2153871002
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Price Change History for 4718 Cedar Ave, PHILADELPHIA, PA (MLS® #PAPH2396286)

Date Details Price Change
Price Reduced $665,000 $5,000 (0.75%)
Price Reduced $670,000 $25,000 (3.60%)
Price Reduced (from $725,000) $695,000 $30,000 (4.14%)
Active (from Coming Soon)

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Listing information last updated on January 29th, 2025 at 12:04am CST.