2802 Cecil B Moore Ave

Philadelphia, PA 19121 View Map $749,100 Schedule a Tour
Sq.Ft. Lot1,152
Year2021
Reid Rosenthal

Reid Rosenthal

(267) 626-7613

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Status: Active
Listing Office:Keller Williams Philadelphia
Property Type:Interior Row/Townhouse
MLS #:PAPH2000897
On Site:21 Days
Lot Size:1,152 Sq. Ft.
County:Philadelphia
Introducing 2802 Cecil B Moore Ave!!! New Construction TRIPLEX. Offered at 7.2% CAP. Located in one of the hottest neighborhoods in Philadelphia Brewerytown. Few blocks from Fairmount Park!!! The building has 3 units, perfectly designed by KCA design associates. Great opportunity for first time home BUYER | INVESTOR | 1031 Exchange. Live in one unit and rent the other two units out, or receive rental income from all 3 units. Brewerytown is booming and the rental market here is strong. Lower UNIT [ One ] has been rented starting 10/1/2021 Annual Lease @ $1,900 / Month, is a 3BD | 3BA Bi-level apartment with large rear yard. Pro forma rent of 1,900 / Month!!! UNIT [ Two ] is a 2BD | 1BA apartment with a, pro forma rent of $1,400 / Month!!! Upper UNIT [ Three ] is a 2BD | 2BA apartment with a massive skyline Roof Deck, pro forma rent of 1,700 / Month!!! Pro forma annual rent: $60,000, Pro forma CAP: 7.2 %. All THREE Units feature a flexible floor plan, High ceilings, large windows and an open contemporary feel. Hardwood floors & recessed lighting. All kitchens are home to shaker-style cabinetry, subway tile, granite countertops, stainless steel appliances. There is ample closet space and W/D hook up in all THREE units. In a great location for commuters, it takes just minutes to get to Center City or University City. There are several Septa routes nearby, and all major highways are easily accessible. Only steps away from Fairmount Park the developing Girard Avenue, including Crime and Punishment Brewery, Green Eggs Cafe, Monkey and the Elephant, and Aldi. Easy access to the Art Museum, Whole Foods, 30th Street Station, Boathouse Row, Fairmount Park, Kelly Drive and I-76. Approved 10-YEAR TAX ABATEMENT and 1 yr Builder Warranty. Property is located in the Qualified Opportunity Zone!!!*
FOR a OWNER OCCUPANT they can do a FHA 3.5% down at 2.375% interest and no lender fees. Seller can provide introduction for the lender.

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$000 Monthly Payment
Loan and interest only. Taxes and insurance not included.

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Price Change History

Date Old Price New Price Percent Change
10/15/2021$749,800$749,100-0.1%

Community Information

Address:2802 Cecil B Moore Ave Philadelphia, PA 19121
Subdivision:Brewerytown
Zip Code:19121

Architecture

Year Built:2021
Style:Contemporary
Exterior: Brick Front
Roof: Fiberglass
Foundation: Concrete Perimeter

Features / Amenities

Other Structures: Above Grade, Below Grade
Cooling: Central A/C
Heating: Central
Cooking Fuel: Electric
Fuel On Site: Electric
Hot Water: Electric

Property Features

Lot Size: 0.03 Acres / 1,152 Sq. Ft.
Parking: On Street
Sewer: Public Sewer
Water Source: Public
Municipality: PHILADELPHIA
Zoning:RM1
Directions:Corner of Cecil & 28

Tax and Financial Info

Tax Year: 2021
Total Taxes: $136 (paid Annually)
Annual Gross Income: $60, 000

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2802 Cecil B Moore Ave Philadelphia, PA 19121
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2802 Cecil B Moore Ave Philadelphia, PA 19121
 
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Listing Information Last Updated 10/27/2021
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