2308 Cecil B Moore Avenue, Philadelphia PA 19121 (Off Market)

For Sale, USD 425,000


2308 Cecil B Moore Avenue, Philadelphia PA 19121,

Property Type : Multi-Family Home

Property Style : N/A

Build Size : 2,812 ft² / 261 m²

Land Size : N/A

Bedroom : 3

Bathroom : 0

Half Bathroom : 0

MLS#: N/A


Property Description

LOW TAX! 2308 Cecil B. Moore Ave is a strong cash-flowing 4-unit mixed-use investment opportunity positioned along the Ridge Ave & Cecil B. Moore corridors and located within a Qualified Opportunity Zone (QOZ). The property consists of three occupied 1BR/1BA residential units above a highly visible street-level commercial space, currently vacant and for owner use or additional income potential. 2310 Cecil B Moore is also for sale. All residential units are currently rented below market with primarily month-to-month leases, offering immediate upside through lease optimization and repositioning. Strong rental demand for 1-bedroom apartments in the area continues to support stable occupancy and predictable operations, whether targeting market-rate tenants or voucher programs. The commercial storefront benefits from excellent street exposure, steady neighborhood traffic, and flexible potential uses. Pro forma projections indicate an estimated 9.5%-10% CAP rate (buyer to verify), supported by the property's efficient unit mix, rental upside, and mixed-use income potential.
More
2308 Cecil B Moore Avenue, Philadelphia PA 19121, United States,Pennsylvania,Philadelphia is a 2,812ft² Philadelphia luxury Multi-Family Home listed for sale USD 425,000. This high end Philadelphia Multi-Family Home is comprised of 3 bedrooms and 0 baths. Find more luxury properties in Philadelphia or search for luxury properties for sale in Philadelphia.