CHARIS REALTY GROUP

5352-54 CEDAR AVENUE

PHILADELPHIA, PA 19143

MLS#: PAPH2610742

$1,325,000

Status: Active
Listing number: PAPH2610742
Listing provided by: Addison Real Estate Company Inc
Listing agent phone: None
Last update: a day ago
New on site 2 days ago
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Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

2026

Sq.Footage

N/A

Fully renovated, turnkey 6-unit multifamily property located on the border of Cedar Park and Cobbs Creek in West Philadelphia, offering a rare opportunity in one of the area’s most active and growing rental corridors. This well-designed building features a versatile unit mix including two expansive 3-bedroom, 2-bath units, three 2-bedroom units, and one 1-bedroom unit, all thoughtfully renovated with modern finishes and functional layouts. Each unit is equipped with hardwood flooring, recessed LED lighting, contemporary kitchens with stainless steel appliances, granite countertops, and updated bathrooms with custom tile work. In-unit laundry and individual HVAC systems are included throughout, providing comfort and convenience for tenants. The building is fully electric with separately metered utilities, allowing for efficient management and reduced owner expenses. The first-floor units offer private, fenced rear yard spaces accessed via a side breezeway, creating a standout feature rarely found in comparable properties. Upper-floor units benefit from strong natural light and efficient layouts suited for a variety of tenant profiles. Additional improvements include a full sprinkler system, central fire alarm system, updated mechanical systems, and a covered front porch that enhances curb appeal and tenant experience. The property also benefits from a 10-year tax abatement with a phased step-up schedule, providing a significant financial advantage during the early years of ownership. Ideally situated with convenient access to Baltimore Avenue, public transportation, University City, major hospitals, and neighborhood retail, this turnkey asset is well-positioned for strong rental demand and long-term growth.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air, Electric

  • Heating YN

    YES

  • Heating

    Electric, Heat Pump

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Parking

    On Street

  • Pool

    No

  • Waterfront YN

    NO

  • View

    City

Area & Lot

  • Lot Features

    Other

  • Lot Size(acres)

    0.04

  • Property Type

    Commercial Sale

Price

  • Sales Price

    $1,325,000

  • Tax Amount

    $7,410

  • Zoning

    RM1

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • New Construction

    YES

  • Foundation Details

    Stone

  • Sewer

    Public Sewer

  • Tax Lot

    88

  • Water Source

    Public

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PHILADELPHIA

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Listing Courtesy of Jonathan M Tori , Addison Real Estate Company Inc

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Agent Heather Brailer

AGENT

Heather Brailer

Call Heather today to schedule a private showing.

(301) 991-2528

heather@charisrealty.com


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Fully renovated, turnkey 6-unit multifamily property located on the border of Cedar Park and Cobbs Creek in West Philadelphia, offering a rare opportunity in one of the area’s most active and growing rental corridors. This well-designed building features a versatile unit mix including two expansive 3-bedroom, 2-bath units, three 2-bedroom units, and one 1-bedroom unit, all thoughtfully renovated with modern finishes and functional layouts. Each unit is equipped with hardwood flooring, recessed LED lighting, contemporary kitchens with stainless steel appliances, granite countertops, and updated bathrooms with custom tile work. In-unit laundry and individual HVAC systems are included throughout, providing comfort and convenience for tenants. The building is fully electric with separately metered utilities, allowing for efficient management and reduced owner expenses. The first-floor units offer private, fenced rear yard spaces accessed via a side breezeway, creating a standout feature rarely found in comparable properties. Upper-floor units benefit from strong natural light and efficient layouts suited for a variety of tenant profiles. Additional improvements include a full sprinkler system, central fire alarm system, updated mechanical systems, and a covered front porch that enhances curb appeal and tenant experience. The property also benefits from a 10-year tax abatement with a phased step-up schedule, providing a significant financial advantage during the early years of ownership. Ideally situated with convenient access to Baltimore Avenue, public transportation, University City, major hospitals, and neighborhood retail, this turnkey asset is well-positioned for strong rental demand and long-term growth.

5352-54 CEDAR AVENUE

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