1617 Cecil B Moore Ave
$515,000
1617 Cecil B Moore Ave, Philadelphia, Pa 19121
For Sale
Mixed Use
Active
Last Updated: 02/12/2025
2009
Year Built
CMX25
Zoning
Details:
Year Built: 2009
Zoning: CMX25
Roof: Rubber
Highlights:
- Days on Market: 330
- Heating: Heat Pump - Electric BackUp
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%.
Location
Gallery
