Cedar Park Homes with Triplex Subtype

Cedar Park Homes with Triplex Subtype

Welcome to Cedar Park, a vibrant and welcoming subdivision nestled in the heart of Philadelphia, Pennsylvania. Known for its rich history and community spirit, Cedar Park offers a unique blend of urban convenience and suburban charm. With tree-lined streets and a diverse array of homes, this neighborhood is perfect for families, young professionals, and anyone looking to immerse themselves in the lively atmosphere of Philadelphia.

One of the standout features of Cedar Park is its selection of triplex homes. These spacious residences are perfect for those seeking a blend of comfort and investment potential. With three distinct living spaces, triplex homes offer flexibility for multi-generational living or the opportunity to generate rental income. Imagine living in one unit while renting out the others, providing financial benefits while enjoying the charm of your own home.

Cedar Park is also known for its strong sense of community. Neighbors come together for local events, farmers' markets, and outdoor activities in the nearby parks. The area boasts excellent schools, convenient public transportation options, and a variety of shops and restaurants, ensuring that everything you need is just a stone's throw away.

Whether you're looking to buy your first home, invest in a triplex, or simply explore a friendly neighborhood, Cedar Park is a delightful choice. Experience the warmth and vibrancy of this Philadelphia gem, where every street tells a story, and every home has the potential to be your perfect retreat. Come discover the possibilities that await you in Cedar Park!

Newest Cedar Park Homes with Triplex Subtype

4706 Warrington Ave, Philadelphia
$675,000
PAPH2664952 MLS ⋅ ACTIVE Status
Triplex Investment Opportunity in Cedar Park! This three unit Victorian is in a desireable location for people looking to live or invest in West Philly. The appeal is a walkable, bikeable community with lots of access to public transportation, Regional Rail, bus and trolley lines, and a block from the vibrant Baltimore Avenue corridor and in walking distance to local campuses. The energy and vibe of the community is why the units stay leased year after year with very little vacancy. The property consists of two 2 Bedroom, 1 Bath units on the first and second floor, and a three bedroom unit with large attic on the third floor. Tenants enjoy a large backyard and the beauty and authenticity of hardwood flooring and Victorian finishes. The property has been professionally managed during the current owners tenure. Rents are market rate generating approximately $5000 per month, $60,000 per year in gross rents. The building heat and water and a monthly fee is charged to each tenant as a fee. Combining the three units the total monthly fee is $175 per month for gas, and $175 per month for water, is collected by the Landlord. There is plenty of on street parking as well as a free parking lot across the street next to the community gardens. This is a legally a licensed triplex with a fire escape installed as well as a central monitoring station. Surrounded by great restaurants and coffee shops like, Dahlak, Vietnam cafe, Doro Bet, Alif Brew, Milk Crate and Green Line , and a 1/2 block from public transportation that runs directly through UPenn, Drexel, CHOP. Clark Park and Cedar Park are also only a few blocks a way. A great opportunity!

4706 Warrington Ave, Philadelphia

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