5334-36 Cedar Avenue

Description

Fully rented, cash producing, brand new construction built in 2019, 8 unit building in University City. Perfect for an investor, 1031 Exchange, or owner occupant. There are Four, 2-bedroom units and Four, 1-bedroom units. Two units rent for $1150, 3 units rent for $1420, Two units for $1320, and one unit for $1400. Live in one unit and rent out the rest or sit back and enjoy the cashflow. Some features include: Central AC, new kitchen & baths with a new modern look for tiles, fixtures and finishes, stainless-steel appliances (fridge, stove, dishwasher, Microwave), garbage disposals, hardwood floors, recessed lighting and washer & dryer in each unit and some patio space. Come and enjoy this great space with high ceilings, loads of natural light and a clean modern feel. Great quick access to the commercial district of Baltimore Avenue including such venues as Cedar Park Cafe, Hibiscus Cafe, Booker's Restaurant & Bar, Amari's Restaurant, a half mile to Dock Street Brewery West, and only 1.8 mi to University of Penn & Drexel's campus. Nearby SEPTA routes offer easy access to anywhere. Tenants pay gas, water and electricity. Tax abatement has been applied for. Because all units are rented and occupied Serious buyers only. Proof of funds or pre-approval required before viewing the property to limit the tenant interruptions. For showing coordination, as much advanced notice as possible is appreciated. Seller will sell property individually or as part of a package with these other properties which are also for sale: 4811 Walnut St. 4 units, 5301 Pine St. 3 units, 5334-36 Cedar Ave. 8 units, 5409 Christian St. 3 units. A total portfolio of 18 Units and 4 buildings. View 360 degree photos of the units: https://photos.app.goo.gl/5mjZo7Bj23GNWufp7https://photos.app.goo.gl/BCXMtRrLG2aNk2Nt9https://photos.app.goo.gl/VJBsX4oMSbcawCTo9https://photos.app.goo.gl/NZLCaESE1bh3EUgZ9https://photos.app.goo.gl/pz9wmikWrRucr6CT8https://photos.app.goo.gl/29RCjnWydKuovnoZ9