2337 S Alder Street
Philadelphia, PA 19148
- 3 beds
- 4 baths
- 4,800 sqft
- 2,400 sqft lot
- $130 per sqft
- 1925 build
Discover this outstanding investment in Lower Moyamensing! This property offers four, turnkey units across three addresses, presenting a versatile and profitable opportunity. Currently earning over $67,000 in gross annual income, with a 8.3% Cap rate (+/-), this property is an excellent addition to any investment portfolio. The property includes three 800 SF, 1-bedroom, 1-bathroom residential apartments, each equipped with in-unit washer and dryers. Additionally, a 2,000+ SF Commercial Garage space is occupied by a local sign company, ensuring extra steady income. Beyond its investment potential, consider transforming this property into your dream mansion with parking! Located in bustling Lower Moyamensing, it provides proximity to all the restaurants and stores along Passyunk Ave, and SEPTA. Act quickly to explore this versatile property in Lower Moyamensing. Whether you're an investor or seeking your ideal home, this opportunity won't last long. Contact us today to schedule a viewing!
Last checked:
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Last updated Mar 20, 2025
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MLS# PAPH2440328 —
This home is listed in more than one place. See it here.
The Building
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Year Built:1925
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Year Built Source:Estimated
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Roof:Flat
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New Construction:No
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Construction Materials:Other
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Building Levels:2
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Structure Type:Interior Row/Townhouse
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Architectural Style:Other, Converted Dwelling
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Levels:2
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Accessibility Features:None
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Foundation Details:Other
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Basement:No
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Total SqFt Source:Estimated
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Above Grade Finished Area Units:Square Feet
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Above Grade Finished SqFt:4800
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Above Grade Finished SqFt Source:Estimated
Interior
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Fireplace:No
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Living Area SqFt Source:Estimated
Room Dimensions
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Total SqFt:4800
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Living Area SqFt:4,800 Sqft
Financial & Terms
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Sale Type:Standard
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Possession:Immediate, Negotiable
Location
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Directions:Best bet is to use your GPS... Drive West on Ritner. Just past 10th St, make a right onto S Alder St. Property will be on your right.
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Cross Street:RITNER
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Latitude:39.92059000
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Longitude:-75.16387000
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Location Type:Urban
The Property
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Property Type:Residential
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Lot Size Units:Square Feet
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Lot Size Acres:0.06
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Lot Size Source:Estimated
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Lot SqFt:2,400 Sqft
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Exclusions:Tenant's personal property
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Zoning:RSA5
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Other Structures:Above Grade
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Waterview:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (914) 393-3335
- Office phone:
- (215) 735-7368
Taxes
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Tax ID Number:394119900
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Tax Year:2023
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Tax Annual Amount:$12,333
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Tax Assessed Value:$881,100
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Year Assessed:2023
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School Tax:6767.0
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City/Town Tax:5565.00
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Total Taxes Payment Frequency:Annually
Beds
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Bedrooms:3
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Upper Level Bedrooms:3
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Upper Level 1 Bedrooms:3
Baths
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Total Baths:4
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Full Baths:3
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Half Baths:1
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Main Level Baths:1.00
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Main Level Half Baths:1
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Upper Level Full Baths:3
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Upper Level Total Baths:3
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Upper Level Total Baths:3.00
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Upper Level Full Baths:3
Heating & Cooling
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Cooling Type:Central A/C, Wall Unit
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Central Air:Yes
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Cooling Fuel:Electric
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Heating:Yes
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Heating Type:Forced Air, Radiator
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Heating Fuel:Natural Gas, Electric
Utilities
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Utilities:Water Available, Sewer Available, Natural Gas Available, Electric Available, Phone, Cable TV Available
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Sewer/Septic:Public Sewer
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Hot Water:Electric
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Water Source:Public
Schools
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School District Name:Philadelphia City
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School District Source:3rd Party
The Community
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Subdivision Name:Lower Moyamensing
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Senior Community:No
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Pool:No Pool
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HOA:No
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Condo/Coop Association:No
Parking
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Garage:No
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Type of Parking:On Street
Extra Units
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Vacation Rental:No
Monthly cost estimate

Asking price
$625,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$3,346
|
Taxes | $1,027 |
Insurance | $171 |
Utilities | $298 See report |
Total | $4,842/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
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1/30/25
Jan 30, 2025
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Listed / Active | BRIGHT | $625,000 |