1702 Cecil B Moore Avenue Philadelphia, PA 19121
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, 400, 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!
- Property TypeMulti-Family
- NeighborhoodTemple University
- CountyPhiladelphia
- Taxes$1,587
- HOA/Condo/Coop Fees$0
- Days on Site40 Days
- MLS StatusActive
- MLS ID NumberPAPH2343696
- Home Size Source Estimated
- Year Built2017
- Lot Size0.03 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Style Split LevelStraight Thru
- Parking On Street
- Sewer Public Sewer
- Number of Stories 4
- Acreage 0.03
- Water Public
- Property Sub Type Triplex
- Attached Garage No
- Foundation Block
- Zoning CMX25
- Listing Conditions Real Estate Owned
Interior Features
- Cooling Central A/ CElectric
- Heating CentralHeat Pump(s)Electric
Exterior Features
- Spa No
- Waterfront Property No
Community Features
- MLS Area 19121 (19121)