Turnkey Investment Property in Cedar Park/University City
24 March, 2026- 4071 Sq Ft
- Unfurnish
- NoMortgage
$1,225,000
6 Unit Apartment Building in West Philadelphia
Price reduced to $1,225,000.
5354 Cedar Avenue is a renovated 6 unit apartment building in the Cedar Park area of West Philadelphia.
The property will be delivered vacant. As a result, a new owner can lease the units right away.
Based on projected income and expenses, the property offers a 7.62% projected cap rate.
The building is located near University City, Penn, Drexel, Penn Medicine, and CHOP.
Apartment Layout
The property includes six apartment units.
- Two 3-bedroom apartments
- Three 2-bedroom apartments
- One 1-bedroom apartment
Some units also include lower-level living space and private outdoor areas.
Apartment Features
Each apartment includes modern finishes and separate systems.
- Hardwood floors
- Recessed lighting
- Granite countertops
- Shaker cabinets
- Stainless steel appliances
- Updated bathrooms
- In-unit laundry
- Separate heating and cooling systems
The building is fully electric. It is also individually metered.
Therefore, ownership may benefit from lower utility costs and easier management.
Building Features
- Full sprinkler system
- Central fire alarm system
- Covered front porch
- Updated exterior
- Available floor plans
Floor Plans
Floor plans are available for the basement, first floor, second floor, and third floor.
The plans show the unit layouts, bedroom locations, kitchens, bathrooms, stairs, and private outdoor access areas.
The basement and first floor plans show lower-level living space and direct access to outdoor areas. The second and third floor plans show efficient apartment layouts with separate kitchens, baths, and living areas.
Cedar Park Location
Cedar Park is a strong rental area in West Philadelphia.
Tenants have access to public transportation, restaurants, coffee shops, parks, and nearby retail corridors.
The property is also close to University City and several major employers.
West Philadelphia Investment Property
This West Philadelphia apartment building offers renovated units, vacant delivery, and projected income potential.
In addition, the reduced price and projected 7.62% cap rate create a strong investment opportunity.
Rent projections, rent comparables, floor plans, and offering materials are available upon request.
Floor Plans and Front Elevation
Floor plans are available for the basement, first floor, second floor, and third floor. The plans show apartment layouts, bedrooms, kitchens, bathrooms, stairs, and outdoor access areas.
In addition, the front elevation provides a view of the exterior design and building layout.
Floor Plans and Front Elevation
View the floor plans and front elevation for 5354 Cedar Avenue below.
