$ 500,000
-
$500,000
Price -
3
Bed -
0
Bath -
3,444
SqFt
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About the Listing KELWLML - 3146125
Calling all investors looking to expand their portfolio. This multi-family property offers immediate income potential. Located the high demand Philadelphia neighborhood of Port Richmond, this property provides consistent rental income and all six apartments are currently fully leased. There are also three storage sheds that could bring in an additional estimated $225-$300 per month. Solid bones and a desirable location make this an attractive opportunity for the right buyer. The property is currently configured as six units with a cap rate of 9.45, however it is zoned for two apartments and is being sold AS IS. Buyers are encouraged to perform their own due diligence, seller makes no guarantee that the buyer will be able to obtain a variance from the city.
Listing Highlights
Status
Active
Days on Site
43
Property Type
Multi-Family
MLS ®
PAPH2581518
Year Built
1920
Total Square Footage
3,444
Lot/Acreage
0.07
Interior Details
- Bedrooms: 3
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Window Unit(s)
- Heating: Baseboard - Electric
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 3444
- Below Ground Sq Ft: 0
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Lot Dimensions: 35.00 x 90.00
- Zoning: RSA5
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: On Street
Financial Details
- Tax Amount: $7,845
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
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Questions About..
3029 Cedar St Philadelphia, PA 19134
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