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2337-41 S Alder Street Philadelphia, PA $ 685,000
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$ 685,000 Get more info
2337-41 S Alder Street
$ 685,000
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Share Save

2337-41 S Alder Street

Philadelphia, PA, 19148
$ 685,000
Baths0.0 Sq 2,000

Monthly Estimate*

$ 4,553

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Studio

Commercial Property for sale in Philadelphia, PA

for $685,000. This 2,000 square foot building was built in 1925 on a lot size of 0.06.

Discover this outstanding investment in Lower Moyamensing! This property offers four, fully rented, turnkey units across three addresses, presenting a versatile and profitable opportunity. Currently earning over $61,000 in gross annual income, with a 6.7% Cap rate, this property is an excellent addition to any investment portfolio. The property includes three 800 SF, 1-bedroom, 1-bathroom residential apartments, each equipped with in-unit washer and dryers. Additionally, a 2,000+ SF Commercial Garage space is occupied by a local sign company, ensuring extra steady income. Beyond its investment potential, consider transforming this property into your dream mansion with parking! Located in bustling Lower Moyamensing, it provides proximity to all the restaurants and stores along Passyunk Ave, and SEPTA. Act quickly to explore this versatile property in Lower Moyamensing. Whether you're an investor or seeking your ideal home, this opportunity won't last long. Contact us today to schedule a viewing!

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Commercial Active

Price

$ 685,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 12,333

Style

Lot Size

0.06

Year Built

1925

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2241842
Features
Interior
Heating Fuel Natural Gas Electric
Hot Water Electric
Total Stories 2
Heating Y/N Y
Street Suffix STREET
Central Air Y/N Y
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General
Sewer Public Sewer
Heating Forced Air Radiator
Cooling Central A/C Wall Unit
Utilities Water Available Sewer Available Natural Gas Available Electric Available Phone Cable TV Available
Possession Immediate Negotiable
Roof Flat
Zoning RSA5
Construction Materials Other
Exclusions Tenant's personal items
Year Built 1925
Property SubType Mixed Use
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Electric
Municipality PHILADELPHIA
Business Type Other
Accessibility None
County PHILADELPHIA
Operating Expense 4200.00
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions Best bet is to use your GPS... Drive West on Ritner. Just past 10th St make a right onto S Alder St. Property will be on your right.
City PHILADELPHIA
Buyer Agent Compensation 2.75
Total Units 4
MLS Area 19148 (19148)
Lot Size Square Feet 2400.00
Waterfront Y/N N
Street Name ALDER
Tax Annual Amount 12333.0
Price Per Sq Ft 142.71
Lease Considered Y/N N
Vacation Rental Y/N N
Days on Market 330
Location Type Urban
Standard Status Active
Year Built Source Estimated
Cap Rate 7.50
Buyer Agent Compensation Type % Of Gross
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Exterior
Water Source Public
Type of Parking On Street
Foundation Details Other
Water View Y/N N
Building Area Total 4800.00
Lot Size Acres 0.06
Lot Size Units Square Feet
Lot Size Source Estimated
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 2337
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* Excluded Features
List By
Ocf Realty Llc - Philadelphia

Broker

eric@ocfrealty.com

Email

Affordability Calculator

$5,580
Per Month
82%
18%
0%
Monthly Principal & Interest
$4,553
Monthly Property Taxes
$1,028
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
9/3/2023$685,000 -2.14% Price Down
5/31/2023$700,000 Listed Price

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2337-41 S Alder Street, Philadelphia, PA, 19148 is a Commercial Property for sale at $685,000 with 2,000 sqft and a lot size of 0.06. 2337-41 S Alder Street is a studio with 0.0 baths and was built in 1925. The property's zip code is 19148 which is in Philadelphia, PA

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