4931 Warrington Ave, Philadelphia, PA 19143

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List Price
$599,900
Status
ACTIVE
MLS#
PAPH2675198
Subtype
Multi-Family
Style
Other
Year Built
1925
Living Area
2,736
Lot Size
1,306
Acres
0.03
Subdivision
Cedar Park
MLS Area Major
19143 (19143)

Property Description

Updated Triplex in West Philly! Three Renovated 2 bedroom apartments, each with Central Air, in the Cedar Park community. Each unit rents for $1450,$1500, $1450, respectively for a gross income of $52,800. This three story corner property is a great opportunity for an investor looking to generate consistent cash flows with low maintenance. Each level hosts a two bedroom unit with high quality, durable laminate flooring, high ceilings, recessed lights, in unit washer and dryer, dishwasher, garbage disposal, and generously sized bedrooms. The apartment product lends itself to residents who have longer term tenancies. Situated on the north west corner each unit has an abundance of windows supplying natural light. Kitchens feature stainless steel appliances, Bathrooms feature ceramic tiling,durable yet classic. The property is a properly zoned triplex with each unit with separate utilities and Central Air. Separate electric and gas meters. Outdoor space has minimized the grass scape reducing the cost of lawn maintenance for the landlord. 4931 Warrington is properly zoned in the City record as a triplex. The basement is unfinished and runs the length of the structure. The utilities for each unit reside in the unit, such as the HVAC system or individual electric panel. This pocket of Cedar Park is close to the energy of Baltimore Avenue while feeling quietly tucked away. Pentridge Station—a neighborhood beer garden and event space featuring live music, local food vendors, and community programming—is just around the corner. Philadelphia Salvage has announced that its new headquarters will be next doo on Pentridge. PClark Park, Cedar Park, Booker's, Cleo Bagels, Third Wheel Cheese, Black Hound Clay Studio, Green Tambourine, Satellite Café, Cedar Works, and the broader collection of Baltimore Avenue restaurants and shops contribute to the neighborhood’s distinctly local character. University City, Penn, Drexel, and CHOP are within easy reach, with convenient access to SEPTA’s Route 13 trolley, Route 52 bus, and the Media/Wawa Regional Rail Line. With all three apartments occupied and documented annual gross rent of $52,800, 4931 S Warrington Avenue combines immediate income, meaningful resident amenities, neighborhood connectivity, and a demonstrated history of property care—an opportunity for its next owner to continue both its investment performance and its place in the community. Contact us for more information and to schedule an appointment today!

Additional Information

Interior Features
Dining Combo, Recessed Lighting, Upgraded Countertops
Taxes
$7,525
Property Description
Other
Zoning
RSA3
Flooring
Laminate, Vinyl
Appliances
Built-In Microwave, Dishwasher, Disposal, Dryer, Gas Range, Refrigerator, Stainless Steel Appliance(s), Washer
Heating
Forced Air
Air Conditioning
Central Air
Roof
Flat
Foundation
Other
School District
Philadelphia City

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Listing courtesy of KW Empower. Contact: