1702 Cecil B Moore Ave, PHILADELPHIA, PA

$664,900

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5,400

Square feet

0.03

Acres

About 1702 Cecil B Moore Ave

Investment Opportuinty! 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. ****This property can be a package purchase with 1704 Cecil B. Moore, the attached building for $1,090,000 for further investment opportunity.**** 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 Temple 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 $664,900
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 247
Zoning CMX25
Foreclosure No
Short Sale No
RE / Bank Owned Yes

Listing Details

OfficeRE/MAX Keystone
Contact Info(215) 885-8900

Listing Map

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