2308 Cecil B Moore Ave, PHILADELPHIA, PA 19121

Local realty services provided by:Better Homes and Gardens Real Estate Cassidon Realty
2308 Cecil B Moore Ave,PHILADELPHIA, PA 19121
$450,000
  • 5 Beds
  • - Baths
  • 3,012 sq. ft.
  • Multi-family
  • Active
Listed by:xiaohui xie
Office:bhhs fox & roach wayne-devon
MLS#:PAPH2521904
Source:BRIGHTMLS

Price summary

  • Price:$450,000
  • Price per sq. ft.:$149.4

About this home

Buildings can be sold in a package!!! Excellent investment opportunity with neighboring property 2310 Cecil B. Moore also for sale. This mixed-use building features four total units: a recently renovated first-floor commercial space with central A/C and basement (formerly a laundromat) , and three one-bedroom apartments, with the last vacant unit expected to be rented by September, easy to show before then. An interested party is currently in talks to lease the commercial space. Most residential units have been updated and are currently rented below market; with HVAC added, each unit could command $1,000+ in rent. With low taxes, low insurance, and landlord-paid water, tax and insurance only, low maintenance. The building offers strong cash flow potential. At full occupancy, the projected cap rate exceeds 10%. Rent roll available upon request.

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Home facts

  • Year built:1920
  • Listing Id #:PAPH2521904
  • Added:16 day(s) ago
  • Updated:August 15, 2025 at 01:31 PM

Rooms and interior

  • Bedrooms:5
  • Living area:3,012 sq. ft.

Heating and cooling

  • Cooling:Window Unit(s)
  • Heating:Baseboard - Electric, Electric

Structure and exterior

  • Year built:1920
  • Building area:3,012 sq. ft.
  • Lot area:0.03 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$450,000
  • Price per sq. ft.:$149.4
  • Tax amount:$2,943 (2024)