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$825,000
-- Bed
-- Bath
6,083sqft
2002 Cecil B Moore Ave, Philadelphia, PA 19121
$825,000
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Townhouse
Built in 1915
$-- HOA
1,596 sqft lot
$136/sq.ft
Description
Fully Renovated 4-Unit Investment with Tax Abatement
Welcome to 2002 Cecil B Moore Avenue, a fully occupied 4-unit apartment building just steps from the Liacouras Center and the Martin Luther King Recreation Center.
The property was completely renovated in 2020, offering modern finishes and updated systems throughout. With 6 years remaining on the tax abatement, new ownership will benefit from reduced expenses and strong cashflow. The building produces an NOI of $62,115, translating to a 7.53% cap rate, along with a DSCR of 1.42 at 70% LTV, making this a strong candidate for financing and an attractive long-term hold.
Whether you are an investor seeking a turn-key pro...
- Houzeo last checked: 2 Minutes ago
- Listing updated: March 26, 2026 at 5:09 pm
- Listing Provided by: Jason Kleinman (908) 217-3922 , Stephen D. Stafford (609) 335-4016 | SDG Management, LLC (267) 239-2424
- Source: Bright MLS-NJ | MLS#: PAPH2591594
Property Details
Status
Active
Type
Townhouse
No. of Stories
-
County
City
Neighborhood
Year Built
1915
HOA Fees
-
Finished Area
6,083 sqft
Lot Size
1,596 sqft lot
Basement Area
- sqft
MLS Name
Bright MLS
MLS Number
PAPH2591594
MLS Status
ACTIVE-BRIGHT
Days on Market
18
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