2417 CECIL B MOORE AVE Philadelphia, PA 19121
2,232 SqFt
UPDATED:
Key Details
Property Type Multi-Family, Townhouse
Sub Type End of Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 2,232 sqft
Price per Sqft $223
MLS Listing ID PAPH2644528
Style Traditional
Abv Grd Liv Area 2,232
Year Built 1915
Annual Tax Amount $6,914
Tax Year 2027
Lot Size 1,280 Sqft
Acres 0.03
Lot Dimensions 16.00 x 80.00
Property Sub-Type End of Row/Townhouse
Source BRIGHT
Property Description
Welcome to 2417 Cecil B Moore Avenue, a fully leased 3-unit apartment building just down the street from Girard College.
The property underwent a full renovation in 2020, and each of the three 2-bedroom units is equipped with in-unit washers and dryers, offering modern finishes and everyday convenience for residents with unit 3 having private roof access with unobstructed views of the city. With 5.5 years remaining on the tax abatement, the property produces an NOI of $40,104 and an 8.05% cap rate, providing steady performance and attractive returns.
This property is an excellent fit for an owner-occupant buyer seeking to offset living expenses with rental income or for an investor looking for a well-positioned, low-maintenance asset with reliable cashflow.
2417 Cecil B Moore Ave delivers both stability and upside in a fully updated, turn-key property.
Location
State PA
County Philadelphia
Area 19121 (19121)
Zoning RM1
Rooms
Basement Unfinished
Interior
Hot Water Electric
Heating Forced Air
Cooling Central A/C
Fireplace N
Heat Source Electric
Exterior
Water Access N
Accessibility None
Garage N
Building
Foundation Brick/Mortar, Concrete Perimeter
Above Ground Finished SqFt 2232
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 291262100
Ownership Fee Simple
SqFt Source 2232
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Financing Cash,Conventional,FHA
Special Listing Condition Standard
Steve Vargas
Team Leader/ Associate Broker/ Owner of A Refined Mindset Coaching | License ID: 0225224352-Virginia 678920-Mar