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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!

PAPH2664952 MLS ⋅ ACTIVE Status

4706 Warrington Ave, Philadelphia

$424,900

This charming 3-bedroom, 1-bathroom townhouse in Cedar Park seamlessly blends classic character with modern convenience. Built in 1915, the home features beautiful hardwood flooring throughout, creating a warm and inviting atmosphere. The combination kitchen and living area is perfect for gatherings, enhanced by recessed lighting and a skylight that fills the space with natural light. The kitchen is equipped with essential appliances, including a gas range, dishwasher, and stacked washer/dryer, making daily tasks a breeze. Enjoy the comfort of ceiling fans and a well-appointed bathroom with a tub shower for relaxation. Located in the vibrant Cedar Park neighborhood, you'll find an array of local amenities, including parks, shops, and dining options just a short stroll away. With an attached garage and on-street parking, convenience is at your fingertips. This home is not just a place to live; it's a place to thrive. Experience the perfect blend of comfort and community in this delightful residence.

3 Beds ⋅ 1 Baths ⋅ PAPH2598398 MLS ⋅ ACTIVE Status

5020 Beaumont, Philadelphia

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