Philadelphia, PA 19143,4921 CEDAR AVE
Philadelphia, PA 19143,4921 CEDAR AVE
Philadelphia, PA 19143,4921 CEDAR AVE
15
$460,000
$479,000
4.0%
Est.Price: ?

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2,700 SqFt

4921 CEDAR AVE Philadelphia, PA 19143

Est. payment /mo
SOLD DATE : 07/21/2017

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Key Details

Sold Price $460,000

Property Type Multi-Family

Sub Type Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 2,700 sqft

Price per Sqft $170

Subdivision University City

MLS Listing ID 1003650717

Sold Date 07/21/17

Style Other

HOA Y/N N

Abv Grd Liv Area 2,700

Originating Board TREND

Year Built 1937

Annual Tax Amount $2,891

Tax Year 2017

Lot Size 2,750 Sqft

Acres 0.06

Lot Dimensions 25X110

Property Description

This is a wonderful Victorian home on a beautiful tree lined street that is loaded with similar homes. This property has been fully renovated into three apartments that are fully rented and producing a positive cash flow. The current rents are actually low compared to the surrounding area. The first floor apartment has two bedrooms and both front and rear direct entrances. The second floor unit is a very large one bedroom apartment and the third floor has two bedrooms. All three apartments have fully renovated kitchens and bathrooms and new lighting fixtures. The utilities are separately metered, but the water and common area electric are paid for by the owner. A hardwired fire alarm system has been installed. There is a full basement with a separate side entrance. The property is conveniently located within easy walking distance of the hospitals and schools of University City. There area is also loaded with restaurants and coffee shops. There are numerous public transportation options within 3-4 blocks and there is ample parking in the area. The Walk Score and bike scores are 92 and 97, respectively. With a positive cash flow and fully renovated features, this property is an investor's dream. In addition, the property offers a great opportunity for a first time investor to live in one of the units and rent out the other two.

Location

State PA

County Philadelphia

Area 19143 (19143)

Zoning RSA3

Direction South

Rooms

Other Rooms Primary Bedroom

Basement Full, Unfinished

Interior

Hot Water Natural Gas

Heating Gas, Solar Active/Passive, Forced Air

Cooling Wall Unit

Flooring Wood, Fully Carpeted, Tile/Brick

Fireplace N

Window Features Energy Efficient

Heat Source Natural Gas, Solar

Laundry Hookup

Exterior

Fence Other

Utilities Available Cable TV Available

Water Access N

Roof Type Flat,Pitched

Accessibility None

Garage N

Building

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 462040600

Ownership Fee Simple

Read Less


Bright MLS (BMLS)
Listed by Thomas M Smitley • Kurfiss Sotheby's International Realty
Bought with Michael Edward Cohen • Elfant Wissahickon-Rittenhouse Square

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Josh Heller

Owner | License ID: RS338767 / NMLS #2348781

+1(717) 200-4148

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