$ 299,000
-
$299,000
Price -
4
Bed -
0
Bath -
2,088
SqFt
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About the Listing COMPASS1 - 3275088
INVESTOR OPPORTUNITY: Turnkey Duplex in Historic Cobbs Creek with Strong Cash Flow Potential! Welcome to 5861 Cedar Ave, a spacious, renovated duplex in the vibrant Cobbs Creek neighborhood of West Philadelphia. Each 2 bedroom, 1 bathroom unit is just over 1000 sqft. This corner unit, end of row property has a full unfinished basement accessible from the outside which provides lots of untapped potential. The property was newly renovated in 2020 and it has been very well maintained since then with some of the appliances still in like new condition. This duplex is completely turnkey and move in ready. The property is being sold vacant so it is perfect for a house hack (primary residence) or an investment property. The previous tenants were paying $1390 for the lower unit and $1360 for the upper unit. Current Section 8 rents in the area are as high as $1660 for a 2 bedroom unit. The cash flow potential on the property is fantastic. Schedule a showing today before the opportunity is scooped up!
Listing Highlights
Status
Active With Contingency
Days on Site
22
Property Type
Multi-Family
MLS ®
PAPH2561794
Year Built
1920
Total Square Footage
2,088
Lot/Acreage
0.03
Interior Details
- Bedrooms: 4
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating: Central,Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 2088
- Below Ground Sq Ft: 0
- Basement: Full,Unfinished
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Lot Dimensions: 18.00 x 79.00
- Zoning: RM1
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: On Street
Financial Details
- Tax Amount: $1,900
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
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Questions About..
5861 Cedar Ave Philadelphia, PA 19143
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