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2417 Cecil B Moore Ave

2417 Cecil B. Moore Ave, Philadelphia, PA 19121
Available Now
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FOR SALEMultifamily / Apartments Building
Building Size
2,232SF
Occupancy
100%
Currently Leased
No
Investment
Stabilized
Broker Co-op
Yes
Ground Lease
No
Listing Contacts
View OM

More property details

Property Class
B
Units
3
Ownership
Fee Simple

Location

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2417 Cecil B Moore Ave
About the location

Fully Renovated Triplex Offering Strong Cash Flow and Tax Benefits.

Welcome to 2417 Cecil B. Moore Avenue, a fully occupied three-unit apartment building conveniently located just steps from Girard College.

The property was completely renovated in 2020 and features three spacious two-bedroom units, each outfitted with in-unit washers and dryers along with modern finishes designed for tenant comfort. With six years remaining on the tax abatement, the building generates a net operating income of $40,344 and achieves a 7.34% cap rate, delivering consistent income and solid returns. The property is also situated within a Qualified Opportunity Zone, offering potential long-term tax advantages for eligible investors.

Ideal for an owner-occupant looking to reduce living expenses through rental income or an investor seeking a low-maintenance, well-located asset with dependable cash flow, 2417 Cecil B. Moore Avenue is a fully updated, turn-key opportunity that combines stability with future upside.

Documents

FILE
2417 Cecil B Moore OM.pdf
3.99 MB · Listing document
2417 Cecil B Moore Ave
2,232 SF · multifamily · United States · PA
View OM