Calling all investors! 4024 Parkside Avenue is a fully-occupied, turnkey 3-unit in the heart of East Parkside, currently operating at an impressive 8.5% cap rate with $5,500/month in rental income ($66,000 annually). The property features two 2-bedroom, 1.5-bath units and one 4-bedroom, 2-bath unit, each tastefully finished with hardwood flooring, recessed lighting, stainless steel appliances, quartz countertops, subway tile backsplashes, and spacious bedrooms, ideal for low-maintenance, long-term holds. Current rents are $1,900 and $1,500 for the 2BR/1.5BA units and $2,100 for the 4BR/2BA unit, offering immediate cash flow from day one. This is a true plug-and-play opportunity for an investor seeking a stabilized, modern multi-family asset in an up-and-coming neighborhood, schedule your tour today. Inquire within for video tour of the property.
| MLS # | PAPH2666402 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1915 |
| Days On Site | 37 |
| Listing Provided By | KW Empower | James F Roche Jr. |
| SQ Feet | 2,954 |
|---|---|
| Story(s) | 4 |
| Units | 3 |
| Zoning | RM1 |
| Acreage | 0.03 |
| Cooling | Central A/C |
|---|---|
| Heating Yes / No | Yes |
| Heating | Forced Air |
| Appliances | Built-In Microwave, Dishwasher, Disposal, Dryer, Microwave, Oven - Single, Refrigerator, Stove, Washer |
| Construction Materials | Brick, Vinyl Siding |
|---|---|
| Foundation Details | Block |
| Garage Yes / No | No |
|---|
| Tax Annual Amount | 7463 |
|---|
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19104 |
| Area | 19104 (19104) |
| School District | THE SCHOOL DISTRICT OF PHILADELP |
| Listing VS Median (in 19104) | |
Price: $650,000 low | high Med: $3,800 sqft: 2,954 low | high Med: 2,882 $ / sqft: $220 low | high Med: $2 On site: 37 low | high Med: 56.5 | |
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19104 |
| Area | 19104 (19104) |
| School District | THE SCHOOL DISTRICT OF PHILADELP |
| Listing VS Median (in 19104) | |
Price: $650,000 low | high Med: $3,800 sqft: 2,954 low | high Med: 2,882 $ / sqft: $220 low | high Med: $2 On site: 37 low | high Med: 56.5 | |