
2337 S Alder St Philadelphia, PA 19148
South Philadelphia East NeighborhoodEstimated payment $4,480/month
About This Home
Discover this outstanding investment in Lower Moyamensing! This property offers four, turnkey units across three addresses, presenting a versatile and profitable opportunity. Currently earning over $67,000 in gross annual income, with a 8.3% 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!
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $12,333
Year Built
- Built in 1925
Parking
- On-Street Parking
Home Design
- Converted Dwelling
- Flat Roof Shape
Interior Spaces
- 4,800 Sq Ft Home
- Property has 2 Levels
Bedrooms and Bathrooms
- 3 Bedrooms
Utilities
- Forced Air Heating and Cooling System
- Cooling System Mounted In Outer Wall Opening
- Radiator
- Electric Water Heater
- Phone Available
- Cable TV Available
Additional Features
- 2,400 Sq Ft Lot
- Urban Location
Community Details
- No Home Owners Association
- Lower Moyamensing Subdivision
Listing and Financial Details
- Assessor Parcel Number 394119900
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
01/30/2025 01/30/25 | For Sale | $625,000 | 0.0% | $130 / Sq Ft |
01/30/2025 01/30/25 | For Sale | $625,000 | +10.6% | $130 / Sq Ft |
12/15/2017 12/15/17 | Sold | $565,000 | -5.8% | $118 / Sq Ft |
11/06/2017 11/06/17 | Pending | -- | -- | -- |
10/23/2017 10/23/17 | For Sale | $599,900 | -- | $125 / Sq Ft |
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Source: Bright MLS
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