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 $40,169 and an 8.11% 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.
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Listing Snapshot
Price
$495,000
Days On Site
88 Days
Bedrooms
6
Inside Area (SqFt)
2,232 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.03 Acres
Year Built
1915
MLS® Number
PAPH2644528
Status
Active
Property Tax
$6,914
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Assessor
Friends & Family
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