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2337 S Alder St

Philadelphia PA 19148

3
4800 sq. ft.
2400 sq. ft.
Duplex
Currently for sale - view listing

Overview

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!

Features

3 bedrooms
4800 sq. ft. floor area
2400 sq. ft. lot size
Duplex

Property history for 2337 S Alder St

2017
Sold
$565,000
15 Dec 2017 by Michael Scipione, of Coldwell Banker Preferred - Old City

Happy sellers in Philadelphia

80%
80% of sellers in Philadelphia reported that their sale price either exceeded or met their price expectations.

Philadelphia stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Philadelphia over the last 12 months.

Local market activity for 3 bedroom duplexes in Philadelphia

In the last 12 months, 2 three-bedroom duplexes similar to 2337 S Alder St, have been sold.

This represents a 75% increase in three-bedroom duplexes sales when compared to the previous 12 months.

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Sales:
(619) 566-0008
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