2417 CECIL B MOORE AVE new to site

Philadelphia,PA 19121

$ 550000

- Bed

- Bath

2232 SqFt


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 $246

MLS Listing ID PAPH2542380

Style Traditional

Abv Grd Liv Area 2,232

Year Built 1915

Annual Tax Amount $1,405

Tax Year 2025

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

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 6 years remaining on the tax abatement, the property produces an NOI of $40,344 and a 7.34% cap rate, providing steady performance and attractive returns. Additionally, the building is located in a Qualified Opportunity Zone, presenting potential long-term tax advantages for eligible buyers.

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

Special Listing Condition Standard

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