1617 CECIL B MOORE AVE Active Save Request In-Person Tour Request Virtual Tour
Philadelphia,PA 19121
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID PAPH2334106
Originating Board BRIGHT
Year Built 2009
Annual Tax Amount $5,128
Tax Year 2024
Lot Size 1,764 Sqft
Acres 0.04
Lot Dimensions 18.00 x 98.00
Property Description
Incredible investment opportunity . This location has been trending up for many years. The property consists of 1 commercial space and 2 residential apartments. The commercial space is a long standing barber shop and the current rent is $1800 per month. The 2nd floor unit has just been updated and a tenant has been secured for $1800 per month. The 3rd floor unit has a long term tenant and rent is $1200 per month but is well below market rent. Both residential units are in great shape and have 3 bedrooms and a full kitchen and living room. At the current price the cap rate is over 9%.
Location
State PA
County Philadelphia
Area 19121 (19121)
Zoning CMX25
Interior
Hot Water Electric
Heating Heat Pump - Electric BackUp
Cooling Central A/C
Flooring Hardwood,Tile/Brick
Heat Source Electric
Exterior
Utilities Available Above Ground,Cable TV Available,Electric Available,Natural Gas Available,Phone Available,Sewer Available,Water Available
Waterfront N
Water Access N
Roof Type Rubber
Accessibility 2+ Access Exits
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 871572900
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash,Conventional,Private,Seller Financing
Listing Terms Cash,Conventional,Private,Seller Financing
Financing Cash,Conventional,Private,Seller Financing
Special Listing Condition Standard