Discover this outstanding investment in Lower Moyamensing! This property offers four, turnkey units across three addresses, presenting a versatile and profitable opportunity. Currently earning over $67,000 in gross annual income, with a 8.3% 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!
For sale
$625,000
2337 S Alder St, Philadelphia, PA 19148
3beds
4,800sqft
Est.:
Townhouse
Built in 1925
2,400 Square Feet Lot
$-- Zestimate®
$130/sqft
$-- HOA
What's special
In-unit washer and dryers
- 86 days
- on Zillow |
- 127 |
- 6 |
Zillow last checked: 7 hours ago
Listing updated: March 20, 2025 at 04:57am
Listed by:
Eric Gerchberg 914-393-3335,
OCF Realty LLC - Philadelphia (215) 735-7368,
Listing Team: The Gerchberg Real Estate Team
Source: Bright MLS,MLS#: PAPH2440328

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
- Main level bathrooms: 1
Heating
- Forced Air, Radiator, Natural Gas, Electric
Cooling
- Central Air, Wall Unit(s), Electric
Appliances
- Included: Electric Water Heater
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 4,800
- Total interior livable area: 4,800 sqft
- Finished area above ground: 4,800
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Pool features: None
Lot
- Size: 2,400 Square Feet
- Features: Urban
Details
- Additional structures: Above Grade
- Parcel number: 394119900
- Zoning: RSA5
- Special conditions: Standard
Construction
Type & style
- Home type: Townhouse
- Architectural style: Other
- Property subtype: Townhouse
Materials
- Other
- Foundation: Other
- Roof: Flat
Condition
- New construction: No
- Year built: 1925
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Water Available, Sewer Available, Natural Gas Available, Electricity Available, Phone, Cable Available
Community & HOA
Community
- Subdivision: Lower Moyamensing
HOA
- Has HOA: No
Location
- Region: Philadelphia
- Municipality: PHILADELPHIA
Financial & listing details
- Price per square foot: $130/sqft
- Tax assessed value: $881,100
- Annual tax amount: $12,333
- Date on market: 1/30/2025
- Listing agreement: Exclusive Right To Sell
- Exclusions: Tenant's Personal Property
- Ownership: Fee Simple
- Loading
- Loading