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4024 Parkside Avenue

Philadelphia PA 19104

7
2954 sq. ft.
1344 sq. ft.
Duplex
Currently for sale - view listing

Overview

Calling all investors! 4024 Parkside Avenue is a fully-occupied, turnkey 3-unit in the heart of East Parkside, currently operating at an impressive 8% cap rate with $5,500/month in rental income ($66,000 annually). The property features two 2-bedroom, 1.5-bath units and one 4-bedroom, 2-bath unit, each tastefully finished with hardwood flooring, recessed lighting, stainless steel appliances, quartz countertops, subway tile backsplashes, and spacious bedrooms, ideal for low-maintenance, long-term holds. Current rents are $1,900 and $1,500 for the 2BR/1.5BA units and $2,100 for the 4BR/2BA unit, offering immediate cash flow from day one. This is a true plug-and-play opportunity for an investor seeking a stabilized, modern multi-family asset in an up-and-coming neighborhood, schedule your tour today. Inquire within for video tour of the property.

Features

7 bedrooms
2954 sq. ft. floor area
1344 sq. ft. lot size
Duplex

Property history for 4024 Parkside Avenue

2024
Rented
Undisclosed
22 Apr 2024 by Level 18 Realty
2023
Sold
$330,000
07 Apr 2023 by Nicole Caprario, of New Age Realty Group Inc

Happy sellers in Philadelphia

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We have insufficient information to provide an overview of customer satisfaction for Philadelphia. Viewing the agent profiles, reviews and sales for Philadelphia can provide insights for this location.

Local market activity for 7 bedroom duplexes in Philadelphia

In the last 12 months, 2 seven-bedroom duplexes similar to 4024 Parkside Avenue, have been sold.

This represents a 50% increase in seven-bedroom duplexes sales when compared to the previous 12 months.

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