Philadelphia, PA 19121,1702 CECIL B MOORE AVE
Philadelphia, PA 19121,1702 CECIL B MOORE AVE
Philadelphia, PA 19121,1702 CECIL B MOORE AVE
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$664,900
Est. payment /mo
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1,440 Sqft Lot
Price Dropped by $35K

1702 CECIL B MOORE AVE Philadelphia, PA 19121

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UPDATED:

12/11/2024 07:57 PM

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID PAPH2341424

Originating Board BRIGHT

Year Built 2017

Annual Tax Amount $1,587

Tax Year 2024

Lot Size 1,440 Sqft

Acres 0.03

Lot Dimensions 18.00 x 80.00

Property Description

Investment Opportuinty! 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.** Retail space plus three 5 Bedroom units!**
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 $1,090,000 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!

Location

State PA

County Philadelphia

Area 19121 (19121)

Zoning CMX25

Interior

Hot Water Electric

Heating Central, Heat Pump(s)

Cooling Central A/C

Heat Source Electric

Exterior

Water Access N

Accessibility None

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 871403235

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition REO (Real Estate Owned)


Bright MLS (BMLS)
Listed by Kurt C Werner • RE/MAX Keystone

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