4930 Florence Ave

Philadelphia, PA 19143

4930 Florence Ave is a fully renovated Cedar Park triplex featuring three 2-bedroom units. The owner currently occupies the first-floor. In the first unit, there are 2 bedrooms and a full bath on the first floor, and then downstairs is a fully finished basement with a laundry room and another full bathroom. The basement is currently used as a den and has direct access to the fenced-in backyard. The second and third-floor units have similar layouts with two bedrooms at the front and back of the apartment, one full bathroom, and a washer/dryer. Each unit has eat-in kitchens with stainless steel appliances, vinyl plank hardwood flooring, and plenty of natural light. This beautiful corner triplex is currently fully rented out. There is currently a lease in place for the third-floor unit that will stay and is currently paying $1,600 a month. Proposed rents for all three units are: 1st floor: $1,900, 2nd floor: $1,650, 3rd floor: $1,600. A detailed investment breakdown is available in the document section of this listing. 7 years remain on the tax abatement. This information should be confirmed with OPA. Reach out today to schedule a private showing!