2,232 SqFt
2,232 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
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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