3029-31 CEDAR ST, Philadelphia, PA 19134

• 3,444 sqft

Property Description

Calling all investors looking to expand their portfolio. This multi-family property offers immediate income potential. Located the high demand Philadelphia neighborhood of Port Richmond, this property provides consistent rental income and all six apartments are currently fully leased. There are also three storage sheds that could bring in an additional estimated $225-$300 per month. Solid bones and a desirable location make this an attractive opportunity for the right buyer. The property is currently configured as six units with a cap rate of 9.45, however it is zoned for two apartments and is being sold AS IS. Buyers are encouraged to perform their own due diligence, seller makes no guarantee that the buyer will be able to obtain a variance from the city.

Listing Status:

Active

Data Last Updated:

May 9, 2026 at 4:19PM

Listing Office:

Keller Williams Real Estate-Langhorne : 2157576100

Listing Agent:

Tracy Siler : 2152086123

MLS ID:

PAPH2581518

Interior

• A/C: Window Unit(s)
• Heating: Baseboard - ElectricElectric
• Disability Feature: None

Exterior

• General: Above GradeBelow Grade
• Style: Traditional

Construction

• General: Masonry

Location

• Originating MLS: BRIGHT_MAIN
• School District: PHILADELPHIA CITY
• County: PHILADELPHIA-PA

Lot

• Zoning: RSA5251423229

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: BRIGHT_MAIN