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… Read More dryers, offering modern finishes and everyday convenience for residents. With 6 years remaining on the tax abatement, the property produces an NOI of $40,344 and a 7.34% 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. Read Less
Courtesy of Jason Kleinman, SDG Management, LLC 267-318-7080
Listing Snapshot
Days Online
1
Last Updated
Property Type
Townhouse
Square Ft.
2,232
Lot Size
0.03 Acres
Year Built
1915
MLS Number
PAPH2542380
Additional Details
Basement
Unfinished
Building
Built in 1915, Built in 2020 (effective), Living area: 2232, Construction Materials: Masonry
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