About 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). The building is 100% leased. Current rent roll is $5,895 per month + $120 in water fees. Gross income is $6,015 per month, or $72,180 per year. 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!
Features of 4718 Cedar Ave
MLS® # | PAPH2534908 |
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Price | $655,000 |
Bathrooms | 0.00 |
Square Footage | 2,610 |
Acres | 0.05 |
Year Built | 1900 |
Type | Commercial Sale |
Sub-Type | Five Or More Units |
Status | Active |
Community Information
Address | 4718 Cedar Ave |
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Area | 19143 |
Subdivision | CEDAR PARK |
City | PHILADELPHIA |
County | PHILADELPHIA-PA |
State | PA |
Municipality | PHILADELPHIA |
Zip Code | 19143 |
Amenities
Is Waterfront | No |
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Interior
Heating | Baseboard - Electric |
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Cooling | None |
Has Basement | No |
Fireplace | No |
School Information
District | THE SCHOOL DISTRICT OF PHILADELPHIA |
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Additional Information
Date Listed | September 8th, 2025 |
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Days on Market | 39 |
Zoning | RSA3 |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Office | New Age Realty Group Inc |
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Contact Info | 2153871002 |