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Listed by Xiaohui Xie • BHHS Fox & Roach Wayne-Devon
$ 880,000
Est. payment /mo
Active
2308-10 CECIL B MOORE AVE Philadelphia, PA 19121
2,880 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID PAPH2526096
Year Built 1920
Annual Tax Amount $3,003
Tax Year 2025
Lot Size 2,880 Sqft
Acres 0.07
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
Building can be purchased separately. Seller retiring!!!! Excellent side-by-side investment opportunity. 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 Central A/C added, each could potentially rent for $1,000+ per month. With low taxes, good insurance rate, 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. Sold as-is.
Location
State PA
County Philadelphia
Area 19121 (19121)
Zoning CMX2
Interior
Hot Water Natural Gas
Heating Central
Cooling Central A/C
Heat Source Electric
Exterior
Water Access N
Roof Type Flat
Accessibility Other
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 871130450
Ownership Fee Simple
Acceptable Financing Conventional, Cash, FHA
Listing Terms Conventional, Cash, FHA
Financing Conventional,Cash,FHA
Special Listing Condition Standard
