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 $40,104 and an 8.05% 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.
Listed By
Agency Name: SDG Management, LLC
Agency Phone: 2672392424
Shown By
Agency Title: Duffy Real Estate, Inc.
Agency Phone: 610-667-6655
Estimated Payment
$ 3,110.03 per month $2,388.61 Principal & Interest $576.17 Property Tax $145.25 Homeowner's Insurance
2417 Cecil B Moore Avenue | MLS# PAPH2644528
This multi-family property located at 2417 Cecil B Moore Avenue, Philadelphia, PA 19121 is currently listed for sale with an asking price of $498,000. Cecil B Moore Avenue is located within the PHILADELPHIA CITY school district. Search Philadelphia real estate on www.duffyrealestate.com today.