Properties

Address Map
US
PA
Philadelphia
19121
19121
W76° 49' 37.5''
N39° 58' 49.6''
Contact Info
Alina Xie
3043273
Property 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.

2308 Cecil B Moore Avenue

Philadelphia, Pennsylvania 19121, United States

  • Bedrooms : 5
  • Square Footage: 1,306.80 Sqft
$450,000
Listing ID#184568
QR Code
Basic Details
Property Type : Residential
Listing Type : Active
Listing ID : 184568
Ref ID : 411731987
Price : $450,000
Bedrooms : 5
Square Footage : 1,306.80 Sqft
Lot Area : 0.03 Sqft
MLS : PAPH2521904
Office ID : PA301-047
Currency Converter
Agent info
Alina Xie
Fox & Roach, REALTORS
Fox & Roach, REALTORS
Contact Agent