5215 Cedar Avenue

Cobbs Creek, Philadelphia, PA 19143

PRICE JUST LOWERED! Welcome to 5215 Cedar Avenue, a DUPLEX RENOVATED in 2022-2023 NEAR UNIVERSITY CITY THAT IS AFFORDABLE AND WELL LOCATED! This is a great opportunity for either an Owner-Occupant to live in one unit and rent out the other, or for an Investor to rent out both units. The building has New Flooring throughout, Updated Cabinets and Countertops, and brand new Stainless Steel Appliances. Upgrades were also made to the Roof, Front Porch and Steps, and front aluminum capping. The building is All Electric, with New Mini Split Ductless Heating and Cooling. The Large Front Porch is perfect for West Philly living. The ground floor apartment, Unit 1, is a Large, 1,015 square foot 2 Bedroom with a big bathroom, a Washer and Dryer room, a Private Rear Yard with Stone To Be Added Soon (New Photos Coming) and sunlight aplenty. The Projected Rent is $1,500 monthly. The unit has been purposefully left vacant in case the buyer is an owner-occupant. The second floor apartment, Unit 2, is the Same Size As Unit 1, but has 3 Bedrooms and a stackable Washer and Dryer. It is tenant-occupied for $1,550 monthly until 7/31/2023, but the Rent Could Likely Be Increased to $1,600. The property is WELL LOCATED Near Numerous Universities which provide a Great Tenant Pool, such as Saint Joseph University's University City Campus (formerly University of the Sciences), the University of Pennsylvania and Drexel University. It is Only 2 Blocks from Beautiful Malcolm X Park. It is Just 3 Blocks North of Baltimore Avenue, an Exciting, Bustling Commercial Corridor with great restaurants, retail and coffee shops. The property is also close to major highways, several forms of public transit and numerous other parks. Seize this opportunity while you can!

This is an Pending listing.

Broker Office Phone Number: 215-627-3500

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