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ActivePhiladelphia, PA, 19143
Welcome to 4700–4702 Cedar Avenue, a rare opportunity to acquire two well-maintained, fully occupied multifamily buildings offering immediate rental income and excellent long-term investment potential. Together, the properties feature five residential units across two separate buildings connected by a shared entryway, creating the convenience of a single property while maintaining the character of residential multifamily housing—not a commercial building. 4700 Cedar Avenue offers three units: one one-bedroom apartment, one studio apartment, and one spacious three-bedroom apartment. 4702 Cedar Avenue features two three-bedroom apartments, making the property attractive to a diverse tenant base. The property includes full basements, has benefited from numerous upgrades and recent renovations in several units, and is 100% occupied, providing immediate, stable rental income from day one. Ideally located in the heart of West Philadelphia, the property is just minutes from the University of Pennsylvania, Drexel University, Clark Park, Cedar Park, and the vibrant Baltimore Avenue commercial corridor, with its wide variety of restaurants, cafés, shops, and neighborhood amenities. Whether you're looking to expand an existing portfolio or acquire a turnkey income-producing asset in one of Philadelphia's most desirable rental markets, 4700–4702 Cedar Avenue is an exceptional investment opportunity. Don't miss your chance to own this unique multifamily property. The list price includes both buildings.
Listed by: Nicole Caprario, New Age Realty Group Inc
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