4700-02 CEDAR AVE, Philadelphia, PA 19143
4700-02 CEDAR AVE, Philadelphia, PA 19143
4700-02 CEDAR AVE, Philadelphia, PA 19143
4700-02 CEDAR AVE, Philadelphia, PA 19143
4700-02 CEDAR AVE, Philadelphia, PA 19143
4700-02 CEDAR AVE, Philadelphia, PA 19143
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Listed by Nicole Caprario • New Age Realty Group Inc
$ 1,050,000
Est. payment | /mo

5,124 SqFt


Save
$ 1,050,000
Est. payment | /mo
Save

5,124 SqFt

Key Details

Property Type Multi-Family

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 5,124 sqft

Price per Sqft $204

MLS Listing ID PAPH2643398

Style Other

Abv Grd Liv Area 5,124

Year Built 1925

Annual Tax Amount $16,020

Tax Year 2026

Lot Size 3,536 Sqft

Acres 0.08

Property Sub-Type Other

Source BRIGHT

Property Description

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.

Location

State PA

County Philadelphia

Area 19143 (19143)

Zoning RSA3

Rooms

Basement Other

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling None

Fireplace N

Heat Source Natural Gas

Exterior

Water Access N

Accessibility None

Garage N

Building

Above Ground Finished SqFt 5124

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 461076600

Ownership Fee Simple

SqFt Source 5124

Special Listing Condition Standard

Bright MLS (BMLS)

NEARBY SCHOOL & BUSINESS

Debbie Weymouth

+1(443) 827-0700

debbie@theweymouthgroup.com

8825 Stanford Blvd #300, Columbia, MD 21045

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4700-02 CEDAR AVE