Straight Thru
2308 CECIL B MOORE AVENUE
PHILADELPHIA, PA 19121
MLS#: PAPH2617848
$425,000
Property
Beds
3
Full Baths
None
1/2 Baths
None
Year Built
1920
Sq.Footage
2,812
LOW TAX! 2308 Cecil B. Moore Ave is a strong cash-flowing 4-unit mixed-use investment opportunity positioned along the Ridge Ave & Cecil B. Moore corridors and located within a Qualified Opportunity Zone (QOZ). The property consists of three occupied 1BR/1BA residential units above a highly visible street-level commercial space, currently vacant and for owner use or additional income potential. 2310 Cecil B Moore is also for sale. All residential units are currently rented below market with primarily month-to-month leases, offering immediate upside through lease optimization and repositioning. Strong rental demand for 1-bedroom apartments in the area continues to support stable occupancy and predictable operations, whether targeting market-rate tenants or voucher programs. The commercial storefront benefits from excellent street exposure, steady neighborhood traffic, and flexible potential uses. Pro forma projections indicate an estimated 9.5%–10% CAP rate (buyer to verify), supported by the property’s efficient unit mix, rental upside, and mixed-use income potential.
Features & Amenities
Interior
-
Total Bedrooms
3
-
Bathrooms
N/A
-
Above Grade Finished Area
2812.0
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Window Unit(s), Electric
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Electric, Baseboard
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Parking
On Street
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.03
-
Lot Size(square feet)
1440.0
-
Property Type
Residential Income
-
Property Sub Type
Triplex
-
Architectural Style
Straight Thru
Price
-
Sales Price
$425,000
-
Tax Amount
$2,943
-
Sq. Footage
2, 812
-
Price/SqFt
$151
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
New Construction
NO
-
Foundation Details
Block, Brick/Mortar
-
Sewer
Public Sewer
-
Tax Lot
283
-
Water Source
Public
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Location
County
PHILADELPHIA
Elementary School
Middle School
High School
Listing Courtesy of Xiaohui Xie , BHHS Fox & Roach Wayne-Devon
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Owner, President, Investment Property Advisor
Theresa Kehler
Call Theresa today to schedule a private showing.
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