4718 Cedar Avenue Philadelphia, PA 19143
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), all of which are currently leased. Current rent roll is $5520 per month + $120 water fees. Total gross income of $5640 per month, $67, 680 per year. Rent roll: 1F $925 (+$20 water) thru 5/31/2025; 1R $1050 (+$20 water) thru 3/31/2025; 2F $975 (+$20 water) thru 6/30/2025; 2R $1050 (+$20 water) thru 9/30/2025; 3F $560 (+$20 water) thru 4/30/2025 (long term tenant); 3R $960 (+$20 water) thru 3/31/2025. 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!
- Property TypeMulti-Family
- NeighborhoodCedar Park
- CountyPhiladelphia
- Taxes$7,942
- HOA/Condo/Coop Fees$0
- Days on Site34 Days
- MLS StatusActive
- MLS ID NumberPAPH2396548
- Home Size Source Estimated
- Year Built1900
- Lot Size0.05 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Style Other
- Parking On Street
- Sewer Public Sewer
- Basement Full
- Acreage 0.05
- Water Public
- Attached Garage No
- Foundation Other
- Zoning RSA3
Interior Features
- Cooling None
- Heating Baseboard - ElectricElectric
Exterior Features
- Spa No
- Waterfront Property No
Community Features
- MLS Area 19143 (19143)