$515,000
( )
$2,765 est/mo Sourced by Back At You1617 Cecil B Moore Ave , Philadelphia, PA 19121
Philadelphia, PA 19121
Description
Incredible investment opportunity . This location has been trending up for many years. The property consists of 1 commercial space and 2 residential apartments. The commercial space is a long standing barber shop and the current rent is $1800 per month. The 2nd floor unit has just been updated and a tenant has been secured for $1800 per month. The 3rd floor unit has a long term tenant and rent is $1200 per month but is well below market rent. Both residential units are in great shape and have 3 bedrooms and a full kitchen and living room. At the current price the cap rate is over 9%.
Details
| MLS# | PAPH2334106 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 2009 |
| Days On Site | 309 |
| Listing Provided By | Liberty Bell Real Estate & Property Management | Daniel J. Maneely |
Features
| Zoning | CMX25 |
|---|---|
| Acreage | 0.04 |
Market Activity 19121
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Learn More About This Property
| State | PA |
|---|---|
| County | Philadelphia |
| City | Philadelphia |
| Zip Code | 19121 |
| Area | 19121 |
| School District | The School District Of Philadelp |
| Listing VS Median (in 19121) | |
Price: $515,000 low | high Med: $21,450 On Site: 309 low | high Med: 4188.500000 | |
Listing Updated: January 13, 2025 at 8:09:32 PM PST
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Thomas Shipley | (410) 507-6312 | 5005086
Taylor Properties - 175 Admiral Cochrane Dr. Suite 111-112, Annapolis, MD 21401
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