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 $41,311 and a 7.94% 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.
Listed By
Agency Name: SDG Management, LLC
Agency Phone: 2672392424
Shown By
Agent Name: Homesale Realty Careers Team
Agent Phone: (800) 383-3535
Agency Title: Berkshire Hathaway HomeServices Homesale Realty
Estimated Payment
$ 1,426.04 per month $1,157.29 Principal & Interest $117.08 Property Tax $151.67 Homeowner's Insurance
2417 Cecil B Moore Avenue | MLS# PAPH2591582
This multi-family property located at 2417 Cecil B Moore Avenue, Philadelphia, PA 19121 is currently listed for sale with an asking price of $520,000. Cecil B Moore Avenue is located within the PHILADELPHIA CITY school district. Search Philadelphia real estate on www.homesalecareers.com today.