About 1702 Cecil B Moore Ave
Investment Opportunity! 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.** Retail space plus three 5 Bedroom units!** 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. 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 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!
Features of 1702 Cecil B Moore Ave
MLS® # | PAPH2341424 |
---|---|
Price | $634,900 |
Bathrooms | 0.00 |
Square Footage | 5,400 |
Acres | 0.03 |
Year Built | 2017 |
Type | Commercial Sale |
Sub-Type | Mixed Use |
Status | Active |
Community Information
Address | 1702 Cecil B Moore Ave |
---|---|
Area | 19121 |
City | PHILADELPHIA |
County | PHILADELPHIA-PA |
State | PA |
Municipality | PHILADELPHIA |
Zip Code | 19121 |
Amenities
Is Waterfront | No |
---|
Interior
Heating | Central, Heat Pump(s) |
---|---|
Cooling | Central A/C |
Has Basement | No |
Fireplace | No |
School Information
District | THE SCHOOL DISTRICT OF PHILADELPHIA |
---|
Additional Information
Date Listed | April 10th, 2024 |
---|---|
Days on Market | 340 |
Zoning | CMX25 |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | Yes |
Listing Details
Office | RE/MAX Keystone |
---|---|
Contact Info | (215) 885-8900 |