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1702 Cecil B Moore Avenue

PHILADELPHIA, PA 19121
  • $799,900
  • STATUS: Active
  • ON SITE: 61 Days
  • MLS #: PAPH2343696
Foreclosure
$799,900
  • 0
    BEDS
  • 0.03
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,400
    SQFT
  • $148
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
2017
County:

School Ratings & Info

School District:

Description

Welcome to an exceptional investment opportunity in close proximity to Temple University campus! This four-story commercial/multi-family property presents an ideal prospect for investors, particularly those interested in student housing.Situated on an 18 x 80 lot, this property boasts a versatile layout designed to maximize its earning potential. The first floor features a spacious commercial space with flexible usage options, making it suitable for offices, retail stores, non-profit organizations, and more. This prime location ensures high visibility and foot traffic, enhancing the appeal for various business ventures.****This property can be a package purchase with 1704 Cecil B. Moore, the attached building for $1,450,000 for further investment opportunity.****Above the commercial space are three units, each comprising five bedrooms and three full bathrooms. With ample living space and modern amenities, these units are perfectly tailored to meet the housing needs of Temple University students. Whether utilized as long-term rentals or short-term accommodations, these units offer lucrative income potential.Furthermore, the property benefits from a remaining tax abatement, providing valuable savings for the discerning investor. This advantageous financial incentive adds to the appeal of this investment opportunity, allowing for increased profitability over time.Don't miss out on the chance to capitalize on this prime investment near Temple University. Whether you're a seasoned investor or new to the market, seize this opportunity to secure a profitable asset in one of Philadelphia's most sought-after locations. Schedule a viewing today and take the first step towards realizing your investment goals!

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www.chesapeakebayproperties.com/homes/149288561
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1702 Cecil B Moore Avenue PHILADELPHIA, PA 19121

  • Price: $799,900
  • Status: Active
  • On Site: 61 Days
  • MLS #: PAPH2343696
0
Beds
0
Baths
0
½ Baths
0.03
Acres
5,400
SQFT
$148
$/SQFT
2017
Built
Neighborhood:
Temple University
County:
Philadelphia
Area:
19121 (19121)
School District:
Philadelphia City
Property Description
Welcome to an exceptional investment opportunity in close proximity to Temple University campus! This four-story commercial/multi-family property presents an ideal prospect for investors, particularly those interested in student housing.Situated on an 18 x 80 lot, this property boasts a versatile layout designed to maximize its earning potential. The first floor features a spacious commercial space with flexible usage options, making it suitable for offices, retail stores, non-profit organizations, and more. This prime location ensures high visibility and foot traffic, enhancing the appeal for various business ventures.****This property can be a package purchase with 1704 Cecil B. Moore, the attached building for $1,450,000 for further investment opportunity.****Above the commercial space are three units, each comprising five bedrooms and three full bathrooms. With ample living space and modern amenities, these units are perfectly tailored to meet the housing needs of Temple University students. Whether utilized as long-term rentals or short-term accommodations, these units offer lucrative income potential.Furthermore, the property benefits from a remaining tax abatement, providing valuable savings for the discerning investor. This advantageous financial incentive adds to the appeal of this investment opportunity, allowing for increased profitability over time.Don't miss out on the chance to capitalize on this prime investment near Temple University. Whether you're a seasoned investor or new to the market, seize this opportunity to secure a profitable asset in one of Philadelphia's most sought-after locations. Schedule a viewing today and take the first step towards realizing your investment goals!
Exterior Features

Architectural Style Split LevelStraight Thru Construction Materials Masonry Garage YN No Parking Types On Street Pool No Pool Water Access YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 5400 Cooling Central A/C Heating CentralHeat Pump(s) Heating YN Yes Single Room Units 0 Three Bedroom Units 0 Two Bedroom Units 0

Property Features

Acceptable Financing CashConventional Accessibility Features None Central Air YN Yes Cooling Fuel Electric Foundation Details Block Heating Fuel Electric Historic YN No Hot Water Electric Municipality PHILADELPHIA Navigable Water YN N New Construction YN No Number Of Units Total 4 Number Of Units Vacant 3 Original MLSNumber 802997482570 Ownership Interest Fee Simple Property Sub Type Triplex Sale Type REO (Real Estate Owned) Sewer Public Sewer Structure Design Type Interior Row/Townhouse Tax Annual Amount 1587.00 Tax Lot 264 Vacation Rental YN No Water Source Public Zoning CMX25

 
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