1617 CECIL B MOORE AVENUE
Philadelphia, PA 19121
0.04 acres | #PAPH2481942
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%.
Property Details
- Utility FeaturesAbove Ground, Cable TV Available, Electric Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
- Sewer InformationPublic Sewer
- MLS #PAPH2481942
- MLS #PAPH2481942
- Property SubtypeMixed Use
- Property ConditionExcellent
- Property TypePurchase
- Utility SourcePublic
- Taxes Annual$4,301
- Cost525000
- Acres0.04
- Square Feet0.00
- Year Built2009
Location
Legal
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Last Updated: . Source: BRIGHT
Listing Courtesy
Listing Agent: Daniel J. Maneely (#3330942)
Listing Office: Liberty Bell Real Estate & Property Management (#55687)
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