2417 Cecil B Moore Ave, Philadelphia, PA 19121
- $495,000
- 2,232
- SqFt
- List Price
- $495,000
- Price Change
- ▼ $3,000 1787081408
- MLS#
- PAPH2644528
- Status
- ACTIVE
- Type
- Multifamily
- Total Units
- 3
- City
- Philadelphia
- Area
- 19121 (19121)
- County
- Philadelphia
- Living Area
- 2,232
- Lot Size
- 1,306
- Year Built
- 1915
Property Description
Fully Renovated Triplex with Strong Cashflow and Tax Advantages 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 $40,169 and an 8.11% 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.
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Additional Information
- Acres
- 0.03
- Basement
- Yes
- Cooling
- Central A/C
- Living Area
- 2,232
- Lot Size
- 1,306
- Parking
- Public
- Region
- 19121 (19121)
- School District
- Philadelphia City
- Sewer
- Public Sewer
- Style
- Traditional
- Total Units
- 3
- Zoning
- RM1
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Listing courtesy of SDG Management, LLC. Contact: 6093354016
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