USAPAPhiladelphiaSharswood2308 Cecil B Moore Ave
2308 Cecil B Moore Ave, Home with 0 bedrooms, 0 bathrooms and null parking in PHILADELPHIA PA | Image 1
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$450,000

2308 Cecil B Moore Ave, Philadelphia, PA

Real Estate

For Sale

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  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential Income
Size 3012 sqft
Garage No
Taxes $2,943
Days Active 17
Lot Size 
Approx. Age 1920
Avg. Price Per Sqft $149
MLS® Number PAPH2521904

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Buildings can be sold in a package!!! Excellent investment opportunity with neighboring property 2310 Cecil B. Moore also for sale. This mixed-use building features four total units: a recently renovated first-floor commercial space with central A/C and basement (formerly a laundromat) , and three one-bedroom apartments, with the last vacant unit expected to be rented by September, easy to show before then. An interested party is currently in talks to lease the commercial space. Most residential units have been updated and are currently rented below market; with HVAC added, each unit could command $1, 000+ in rent. With low taxes, low insurance, and landlord-paid water, tax and insurance only, low maintenance. The building offers strong cash flow potential. At full occupancy, the projected cap rate exceeds 10%. Rent roll available upon request.Show Description
MLS® NumberPAPH2521904
Laundry Level
Central VacNo
FireplaceNo
Acreage0.03
Exterior
GarageNo
Approx. Age1920
BasementConnecting Stairway
DrivewayOn Street
Garage Spaces
HeatBaseboard - Electric, Electric
A/CWindow Unit(s), Electric
Heating Fuel

Extras

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