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Philadelphia
19121
19121
W76° 49' 37.2''
N39° 58' 49.6''
Contact Info
Alina Xie
3043273
Property Description

Building can be purchased separately. Seller retiring!!!! Excellent side-by-side investment opportunity. This mixed-use building includes four total units: a leased commercial space currently occupied by a restaurant (Fried Chicken and Halal Food) and three one-bedroom apartments. The remaining vacant unit is available for easy showing. Most residential units have been updated and are currently rented below market; with Central A/C added, each could potentially rent for 1,000 per month. With low taxes, good insurance rate, and landlord responsibility limited to water, property tax, and insurance, low maintenance. The building offers strong cash flow potential. At full occupancy, the projected cap rate exceeds 10%. Rent roll available upon request. Sold as-is.

2308-10 Cecil B Moore Avenue

Philadelphia, Pennsylvania 19121, United States

  • Square Footage: 3,049.20 Sqft
$880,000
Listing ID#188989
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Basic Details
Property Type : Commercial
Listing Type : Active
Listing ID : 188989
Ref ID : 412467934
Price : $880,000
Square Footage : 3,049.20 Sqft
Lot Area : 0.07 Sqft
MLS : PAPH2526096
Office ID : PA301-047
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Agent info
Alina Xie
Fox & Roach, REALTORS
Fox & Roach, REALTORS
Contact Agent