Pennsylvania
Philadelphia
4718 CEDAR AVE

$690,000

4718 CEDAR AVE, Philadelphia, PA 19143

2,610 sqft

other
Built in 1900
2,178sqft lot
—— car garage
$264/sqft
Listed 1 day ago

Property Description

Excellent opportunity to purchase a 6-unit multifamily property in a fabulous location! 4718 Cedar Avenue is in the wonderful Cedar Park section of University City, Philadelphia. The building features 6 apartments (3 studios and 3 one-bedroom units). All units are leased except 3F, which is now on the rental market with an anticipated rent of $875. Current rent roll is $5,020 per month + $100 in water fees. With 3F leased at $875, monthly rent goes to $5,895 and water to $120 per month for a total of $6,015, or $72,180 per year. Each unit has individually controlled electric baseboard heaters paid for by tenants. Owner supplies hot and cold water. There is a coin op washer and dryer in the large common basement. This property is very close to parks, the bustling Baltimore Avenue commercial corridor and public transit, making it one of the most convenient locations in University City. Schedule your tour today!

Listing Status:: Active
Date Added:: September 8, 2025 at 05:00AM
Listing Office:: New Age Realty Group Inc : 2153871002
Listing Agent:: Christos Tzimoulis : 2153871002
MLS ID:: PAPH2534938

Basement: Full
A/C: None
Heating: Baseboard - ElectricElectric
Disability Feature: None

This listing courtesy of Christos Tzimoulis, New Age Realty Group Inc

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Henry C. Lea School

4700 Locust St, Philadelphia, PA, 19139

Grades KG-8

0.38 miles away

Henry C. Lea School

4700 Locust St, Philadelphia, PA, 19139

Grades KG-8

0.38 miles away

The Workshop School

221 S Hanson St, Philadelphia, PA, 19139

Grades 9-12

0.42 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.