Listed By:
OCF Realty LLC - Philadelphia
2337-41 S Alder Street, Philadelphia, PA
$ 685,000
Property Attributes
  • MLS#PAPH2274242
  • TypeSingle Family
  • CityPhiladelphia
  • Area19148
  • NeighborhoodLower Moyamensing
  • Zip19148
  • StyleConverted Dwelling
  • Year Built1925
  • Taxes$ 12333
  • Price$ 685,000
  • Bedrooms3
  • Full Bathrooms3
  • Half Bathrooms1
  • Sqr Footage4800
  • Lot Size2,614 SqFt
Data Source:
Bright MLS
Property Description

Discover this outstanding investment in Lower Moyamensing! This property offers four, fully rented, turnkey units across three addresses, presenting a versatile and profitable opportunity. Currently earning over $61,000 in gross annual income, with a 6.7% Cap rate, this property is an excellent addition to any investment portfolio. The property includes three 800 SF, 1-bedroom, 1-bathroom residential apartments, each equipped with in-unit washer and dryers. Additionally, a 2,000+ SF Commercial Garage space is occupied by a local sign company, ensuring extra steady income. Beyond its investment potential, consider transforming this property into your dream mansion with parking! Located in bustling Lower Moyamensing, it provides proximity to all the restaurants and stores along Passyunk Ave, and SEPTA. Act quickly to explore this versatile property in Lower Moyamensing. Whether you're an investor or seeking your ideal home, this opportunity won't last long. Contact us today to schedule a viewing!

High School
South Philadelphia High School
Price History
9/3/2023 Listed $685,000

General Features

Sewer Public Sewer
Heating Forced Air,Radiator
Cooling Central A/C,Wall Unit
Utilities Water Available,Sewer Available,Natural Gas Available,Electric Available,Phone,Cable TV Available
Possession Immediate,Negotiable
Roof Flat
Zoning RSA5
Pool Y/N No Pool
Architectural Style Other,Converted Dwelling
Construction Materials Other
Exclusions Tenant's personal property
Year Built 1925
Levels 2
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Electric
Accessibility None
New Construction No
Property Type Residential
HOA / Comm Assn No
Garage Y/N No
Water Access Y/N No
Other Structures Above Grade
Directions Best bet is to use your GPS... Drive West on Ritner. Just past 10th St,make a right onto S Alder St. Property will be on your right.
ModificationTimestamp 2024-02-05T09:40:58
Buyer Agent Compensation 2.75
Senior Community Y/N No
MLS Area 19148 (19148)
Lot Size Square Feet 2400.00
Tax Assessed Value 881100.0
Waterfront Y/N No
Street Name ALDER
Tax Annual Amount 12333.0
Structure Type Detached
Condo/Coop Association Y/N No
Bathrooms Count Main Level 1.00
Price Per Sq Ft 142.71
Vacation Rental Y/N No
Total SQFT 4800
Days on Market 223
Location Type Urban
Standard Status Active
Year Built Source Estimated
Buyer Agent Compensation Type % Of Gross

Interior Features

Heating Fuel Natural Gas,Electric
Hot Water Electric
Total Stories 2
Basement (Y/N) No
Heating Y/N Yes
Fireplace Y/N No
Above Grade Finished Area 4800
Full Baths 3
Half Baths 1
Street Suffix STREET
Central Air Y/N Yes
Total Bedrooms 3
LivingAreaSource Estimated
Bedrooms Count All Upper Levels 3
Bedrooms Count Upper Level 1 3
Bathrooms Half Main Level 1
Bathrooms Full Upper Level 1 3
Bathrooms Full All Upper Levels 3
Bathrooms Count Upper Level 1 3.00
Bathrooms Count All Upper Levels 3
Above Grade Finished Area Source Estimated
Above Grade Finished Area Unit Type Square Feet
Total Baths 4

Exterior Features

Water Source Public
Type of Parking On Street
Foundation Details Other
Water View Y/N No
Lot Size Acres 0.06
Lot Size Units Square Feet
Lot Size Source Estimated
Land Assessed Value 176220.00
Navigable Water Y/N No
Water Oriented Y/N No


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 19148

AVG $570K
AVG $6,583
AVG 456
Data Provided by Inside Real Estate®
Year Built
AVG 1980

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.

Areas We Cover