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5803 Cedar Avenue

Philadelphia PA 19143

3
4
1456 sq. ft.
1256 sq. ft.
Townhouse
Currently for sale - view listing

Overview

Discover a prime investment opportunity in the sought-after Cobbs Creek neighborhood. This traditional interior row townhouse, built in 1925, offers a solid foundation for both immediate rental income and long-term appreciation. With a total finished area of 1,456 square feet, this property features three spacious bedrooms and three full bathrooms, complemented by an additional half bath, making it an attractive option for potential tenants. The home boasts a full, unfinished basement, providing ample space for storage or the potential for future development, enhancing its value. The property is constructed with durable masonry materials, ensuring longevity and minimal maintenance costs. The hardwood, tile, and carpet flooring throughout the home add to its charm while offering a variety of aesthetic options for tenants. Situated on a compact 0.03-acre lot, this townhouse benefits from on-street parking, a desirable feature in urban settings. The absence of a pool and extensive exterior maintenance allows for lower operational costs, maximizing your return on investment. With the potential for rental income in a growing market, this property is ideal for investors seeking to expand their portfolio. The Cobbs Creek area is known for its accessibility and community amenities, making it a desirable location for renters. Seize this opportunity to invest in a property with strong cash flow potential and long-term growth prospects.

Features

3 bedrooms
4 bathrooms
1456 sq. ft. floor area
1256 sq. ft. lot size
Townhouse

Property history for 5803 Cedar Avenue

2023
Sold
$130,000
10 May 2023 by Valerie Volpe, of eXp Realty, LLC (E - TR14 - Pennsylvania)

Happy sellers in Philadelphia

92%
92% 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 5 reviews in Philadelphia over the last 12 months.

Local market activity for 3 bedroom townhouses in Philadelphia

In the last 12 months, 344 three-bedroom townhouses similar to 5803 Cedar Avenue, have been sold.

This represents a 6% increase in three-bedroom townhouses sales when compared to the previous 12 months.

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