5861 CEDAR AVE Coming Soon Save Request In-Person Tour Request Virtual Tour
Philadelphia,PA 19143
Key Details
Property Type Multi-Family, Townhouse
Sub Type End of Row/Townhouse
Listing Status Coming Soon
Purchase Type For Sale
Square Footage 2,088 sqft
Price per Sqft $143
MLS Listing ID PAPH2561794
Style Straight Thru
Abv Grd Liv Area 2,088
Year Built 1920
Available Date 2025-11-28
Annual Tax Amount $1,900
Tax Year 2025
Lot Size 1,413 Sqft
Acres 0.03
Lot Dimensions 18.00 x 79.00
Property Sub-Type End of Row/Townhouse
Source BRIGHT
Property Description
INVESTOR OPPORTUNITY: Turnkey Duplex in Historic Cobbs Creek with Strong Cash Flow Potential!
Welcome to 5861 Cedar Ave, a spacious, renovated duplex in the vibrant Cobbs Creek neighborhood of West Philadelphia. Each 2 bedroom, 1 bathroom unit is just over 1000 sqft. This corner unit, end of row property has a full unfinished basement accessible from the outside which provides lots of untapped potential.
The property was newly renovated in 2020 and it has been very well maintained since then with some of the appliances still in like new condition. This duplex is completely turnkey and move in ready.
The property is being sold vacant so it is perfect for a house hack (primary residence) or an investment property. The previous tenants were paying $1390 for the lower unit and $1360 for the upper unit. Current Section 8 rents in the area are as high as $1660 for a 2 bedroom unit. The cash flow potential on the property is fantastic.
Schedule a showing today before the opportunity is scooped up!
Location
State PA
County Philadelphia
Area 19143 (19143)
Zoning RM1
Rooms
Basement Full,Unfinished
Interior
Hot Water Electric
Heating Central,Forced Air
Cooling None
Fireplace N
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Foundation Stone
Above Ground Finished SqFt 2088
Sewer Public Sewer
Water Public
Architectural Style Straight Thru
Additional Building Above Grade,Below Grade
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 032134101
Ownership Fee Simple
SqFt Source 2088
Acceptable Financing Cash,Conventional,FHA,VA
Listing Terms Cash,Conventional,FHA,VA
Financing Cash,Conventional,FHA,VA
Special Listing Condition Standard