4338 CRESSON ST Under Contract Save Request In-Person Tour Request Virtual Tour
Philadelphia,PA 19127
Key Details
Property Type Townhouse
Sub Type End of Row/Townhouse
Listing Status Under Contract
Purchase Type For Sale
Square Footage 2,900 sqft
Price per Sqft $227
MLS Listing ID PAPH2490344
Style Traditional
Year Built 1900
Annual Tax Amount $3,591
Tax Year 2024
Lot Size 1,231 Sqft
Property Sub-Type End of Row/Townhouse
Property Description
Welcome to 4338 Cresson Street, a prime mixed-use triplex located in the heart of Manayunk, just one block from bustling Main Street. This versatile property offers a unique investment opportunity, featuring two residential units and a commercial storefront. The first-floor unit is a recently updated 2-bedroom, 1-bath apartment, boasting new flooring, fresh trim work, and paint, along with the convenience of an in-unit washer and dryer. Currently rented for $1700 a month and lease expires on Feb 2026. The second unit is a bi-level apartment occupying the second and third floors, offering 3 bedrooms, 2 full bath, a large kitchen with dining area and a large living room. Currently rented for $1950 per month on a month to month lease. Projected rent after little rehab can be around $2500 a month. On the side of the building, you'll find a commercial space just steps away from Main Street, currently use as a Salon with $1500 a month and lease end on Feb 2028. Each unit has its own private entrance and separate meters, ensuring ease of management for tenants and owners alike. Whether you're looking to add a solid income-generating property to your investment portfolio or searching for a prime location in one of Philadelphia's most desirable neighborhoods, 4338 Cresson Street is an opportunity not to be missed. Schedule your showing today and take advantage of this flourishing property in the heart of Manayunk!
Location
State PA
County Philadelphia
Area 19127 (19127)
Zoning RSA5
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Equipment Washer,Dryer,Oven/Range - Gas,Refrigerator,Water Heater
Exterior
Water Access N
Roof Type Rubber
Building
Foundation Other
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Acceptable Financing Cash,Conventional,FHA
Listing Terms Cash,Conventional,FHA
Special Listing Condition Standard