Price only for 1 Building. Seller retiring!!!! Excellent investment opportunity with neighboring property 2308 Cecil B. Moore also for sale. This mixed-use building includes four total units: a leased commercial space currently occupied by a restaurant (Fried Chicken and Halal Food) and three one-bedroom apartments. The remaining vacant unit is available for easy showing. Most residential units have been updated and are currently rented below market; with HVAC added, each could potentially rent for $1,000+ per month. With low taxes, low insurance, and landlord responsibility limited to water, property tax, and insurance, low maintenance. The building offers strong cash flow potential. At full occupancy, the projected cap rate exceeds 10%. Rent roll available upon request.
For sale
Price increase: $1K (8/10)
$450,000
2310 Cecil B Moore Ave, Philadelphia, PA 19121
4beds
4baths
3,012sqft
Est.:
Townhouse
Built in 1920
-- sqft lot
$445,600 Zestimate®
$149/sqft
$-- HOA
What's special
- 71 days |
- 91 |
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