#PAPH2483590, Xiao hui Fu, Listing office: Target Realty
2337 S Alder St Philadelphia, PA 19148
Property details
About 2337 S Alder St
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!
Highlights
(ACTIVE)
Summary
- Basement: No
- Parking: On Street
- Architectural Style: Other, Converted Dwelling
- Heating: Forced Air, Radiant
- Cooling: Central Air, Wall Unit(s)
- List Price: $625,000
- Price/SqFt: $130
- 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.
- Year Built: 1925
- Living Area: 4,800 SqFt
- Municipality: Philadelphia
- Lot Size: 0.06 Acres
- MLS Number: PAPH2440342
- MLS Name: BRIGHT
- Office Name: OCF Realty LLC - Philadelphia
- Office Phone: (215) 735-7368
- Office Email: info@ocfrealty.com
- Listing Agent: Eric J Gerchberg
- Agent Phone: (914) 393-3335
- Agent Email: eric@gerchberg.homes
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Last updated on: 7/28/2025, 4:45:37 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
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Tax history
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Nearby schools
5
Francis Scott Key School
Public District KG-6
0.2 mi
•2230 S 8th St
7
Abram Stockton Jenks School
Public District KG-5
0.3 mi
•2501 S 13th St
3
Stephen Girard Elementary School
Public District KG-4
0.8 mi
•1800 Snyder Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $30,513. Typical income of Philadelphia, PA residents is less than $<35k annually. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.
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Frequently asked questions
About 2337 S Alder St
The listing price of 2337 S Alder St property is $625,000.
The property 2337 S Alder St is a multi located in Philadelphia, Pennsylvania, 19148.
Active Listing: 2337 S Alder St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 2337 S Alder St are: Francis Scott Key School (GreatSchools Rating 5/10), Abram Stockton Jenks School (GreatSchools Rating 7/10), Stephen Girard Elementary School (GreatSchools Rating 3/10), Philadelphia Performing Arts Charter School (GreatSchools Rating 6/10), D. Newlin Fell School (GreatSchools Rating 6/10), Southwark School (GreatSchools Rating 5/10), South Philadelphia High School (GreatSchools Rating 3/10), Mastery Charter School - Thomas Campus (GreatSchools Rating 5/10), Furness High School (GreatSchools Rating 4/10).
The property 2337 S Alder St is 4,800 SqFt (source: MLS/tax record).
The year of construction for 2337 S Alder St is 1925.
This home is located at 2337 S Alder St in Philadelphia, PA and zip code 19148 in the South Philadelphia neighborhood. This 4,800 square foot home, which was built in 1925, sits on a 0.06 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since January 30, 2025 and is currently priced at $625,000.
In June 2025 in Philadelphia, PA there were 36.5% more homes for sale than in May. The median list price of listings available in June 2025 was $292,873, while the average time on the real estate market was 90 days.