UPDATED:
Key Details
Property Type Multi-Family
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 3,733 sqft
Price per Sqft $174
MLS Listing ID PAPH2672742
Style Contemporary
Abv Grd Liv Area 3,733
Year Built 2020
Annual Tax Amount $2,046
Tax Year 2025
Lot Size 1,152 Sqft
Acres 0.03
Lot Dimensions 16.00 x 72.00
Property Sub-Type Detached
Source BRIGHT
Property Description
Welcome to 2812 Cecil B. Moore Avenue — a newer-construction triplex offering an outstanding opportunity for both investors and owner-occupants in Philadelphia. With over 3 years of tax abatement left, this is
Built in 2021 and with approximately 3.5 years remaining on the tax abatement, this three-unit property offers modern construction, strong rental potential, and the flexibility to add a quality multifamily asset to your portfolio or live in one unit while generating income from the other two.
The first-floor unit is currently rented for $1,760/month and the second-floor unit is rented for $1,385/month, providing $3,145 in existing monthly rental income. The third-floor unit is currently vacant and was previously rented for $2,040/month, bringing the property's potential gross rental income to approximately $5,185 per month, or $62,220 annually.
The vacant upper unit creates an especially attractive opportunity for an owner-occupant looking to take advantage of multifamily living while receiving rental income from the two occupied units.
Priced aggressively at $650,000, this is an opportunity to purchase a newer triplex at a compelling price point in a growing Philadelphia neighborhood. Whether you're looking to expand your investment portfolio or explore an owner-occupied multifamily strategy, 2812 Cecil B. Moore Avenue deserves a look.
Schedule your showing and see the potential for yourself!
Location
State PA
County Philadelphia
Area 19121 (19121)
Zoning RM1
Rooms
Basement Fully Finished
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Inclusions All appliances are in as is condition
Equipment Dryer, Washer
Fireplace N
Appliance Dryer, Washer
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Private Pool No
Building
Foundation Other
Above Ground Finished SqFt 3733
Sewer Public Sewer
Water Public
Architectural Style Contemporary
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 324040500
Ownership Fee Simple
SqFt Source 3733
Acceptable Financing Cash, Conventional, FHA, VA
Listing Terms Cash, Conventional, FHA, VA
Financing Cash,Conventional,FHA,VA
Special Listing Condition Standard
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