2417 Cecil B Moore Ave, Philadelphia, PA 19121

$495,000
2,232
SqFt

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List Price
$495,000
Price Change
▼ $3,000 1787081762
Status
ACTIVE
MLS#
PAPH2644528
Living Area
2,232
Lot Size
1,280
Region
19121 (19121)
Year Built
1915
Acres
0.03

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.

Additional Information

Style
Traditional
Foundation
Brick/Mortar, Concrete Perimeter
Accessibility Features
None
Water
Public
Basement
Unfinished
Heating
Forced Air

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Calculator source: Real Geeks

Listing courtesy of SDG Management, LLC. Contact:

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