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1617 CECIL B MOORE AVENUE, PHILADELPHIA, PA 19121
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$515,000
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Home Details for 1617 CECIL B MOORE AVENUE
Price
$515,000
Type
Commercial/Industrial
Year Build
2009
Lot Size
0.04
County
PHILADELPHIA
Tax
$4,301
MLS®️ Listing#
PAPH2334106
On exitrealty.com
338 days
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%.
- Utilities
- Cable Available
- Natural Gas Available
- Phone Available
- Sewer Available
- Water Available
- Electricity Available
- Cooling Information
- Central Air
- Electric
- Heating Information
- Electric
- Heat Pump
- Water Features
- Public
- Parking
- On Street
Listing Courtesy: Liberty Bell Real Estate & Property Management - 215-885-3332
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Last Updated: 2025-01-24 08:15:42
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$515,000
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EXIT ELEVATE REALTY
1450 Grays Ferry Ave. 1st Floor, Philadelphia, PA 19143