For Sale Triplex MLS# PAPH2666402

4024 PARKSIDE AVE

PHILADELPHIA, PA 19104

$650,000

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About 4024 PARKSIDE AVE

Calling all investors! 4024 Parkside Avenue is a fully-occupied, turnkey 3-unit in the heart of East Parkside, currently operating at an impressive 8.5% cap rate with $5,500/month in rental income ($66,000 annually). The property features two 2-bedroom, 1.5-bath units and one 4-bedroom, 2-bath unit, each tastefully finished with hardwood flooring, recessed lighting, stainless steel appliances, quartz countertops, subway tile backsplashes, and spacious bedrooms, ideal for low-maintenance, long-term holds. Current rents are $1,900 and $1,500 for the 2BR/1.5BA units and $2,100 for the 4BR/2BA unit, offering immediate cash flow from day one. This is a true plug-and-play opportunity for an investor seeking a stabilized, modern multi-family asset in an up-and-coming neighborhood, schedule your tour today. Inquire within for video tour of the property.

Property details

Property

Type
Triplex
MLS type
Triplex
Status
Active
Year built
1915
Living area
2,954 sqft
Price / sqft
$220
Lot
0.03
Original price
$650,000
MLS #
PAPH2666402

Interior

Features
Central A/C, true, Forced Air, Natural Gas, Built-In Microwave, Dishwasher, Disposal, Dryer, Microwave, Oven - Single, Refrigerator, Stove, Washer
Appliances
Built-In Microwave, Dishwasher, Disposal, Dryer, Microwave, Oven - Single, Refrigerator, Stove, Washer
Heating
true, Forced Air
Cooling
Central A/C

Exterior & lot

Features
Traditional, Above Grade, Below Grade
Construction
Brick, Vinyl Siding, Block
Foundation
Block
Lot
RM1, 062218700

Schools

District
Philadelphia City School District

Utilities

Utilities
Public Sewer, Public
Water
Public
Sewer
Public Sewer

Financial

Financial
BRIGHT_MAIN
Annual tax
$7,463
Tax year
2026
Parcel
062218700

Location

Area
19104 (19104)
County
PHILADELPHIA-PA
Neighborhood
East Parkside
Community
PHILADELPHIA-PA, BRIGHT_MAIN, THE SCHOOL DISTRICT OF PHILADELPHIA
Directions
Use GPS

Location

Neighborhood
East Parkside
School district
Philadelphia City School District

Ask about this property

Questions on 4024 PARKSIDE AVE, PHILADELPHIA, PA 19104, or want to see it in person?

Listed by James F Roche Jr., KW Empower

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.