2002 Cecil B Moore Ave, Philadelphia, PA 19121

Philadelphia
Local realty services provided by:Better Homes and Gardens Real Estate Reserve
2002 Cecil B Moore Ave,Philadelphia, PA 19121
$820,000
  • 4 Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by: jason kleinman, stephen d. stafford
Office: sdg management, llc.
MLS#:PAPH2591594
Source:BRIGHTMLS

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Price summary

  • Price:$820,000

About this home

Fully Renovated 4-Unit Investment with Tax Abatement Welcome to 2002 Cecil B Moore Avenue, a fully occupied 4-unit apartment building just steps from the Liacouras Center and the Martin Luther King Recreation Center. The property was completely renovated in 2020, offering modern finishes and updated systems throughout. With 6 years remaining on the tax abatement, new ownership will benefit from reduced expenses and strong cashflow. The building produces an NOI of $62,115, translating to a 7.53% cap rate, along with a DSCR of 1.42 at 70% LTV, making this a strong candidate for financing and an attractive long-term hold. Whether you are an investor seeking a turn-key property with proven returns or an owner-occupant buyer looking for an opportunity that requires very little management and no renovations, 2002 Cecil B Moore Ave offers both stability and income in a prime location.

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Home facts

  • Year built:1915
  • Listing ID #:PAPH2591594
  • Added:212 day(s) ago
  • Updated:October 08, 2026 at 10:38 AM

Rooms and interior

  • Bedrooms:4

Heating and cooling

  • Cooling:Central A/C
  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Year built:1915
  • Architectural Style:Traditional
  • Construction Materials:Masonry
  • Foundation Description:Brick/Mortar, Concrete Perimeter

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$820,000
  • Tax amount:$1,946 (2026)

Parking

  • Parking description:On Street, Public

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