2417 Cecil B Moore Ave
Multifamily | 3 Units | $173,333/unit
Marketing description
Fully Renovated Triplex with Strong Cashflow and Tax Advantages
Welcome to 2417 Cecil B Moore Avenue, a fully leased 3-unit apartment building just down the street from Girard College.
The property underwent a full renovation in 2020, and each of the three 2-bedroom units is equipped with in-unit washers and dryers, offering modern finishes and everyday convenience for residents. With 6 years remaining on the tax abatement, the property produces an NOI of $41,311 and a 7.94% cap rate, providing steady performance and attractive returns. Additionally, the building is located in a Qualified Opportunity Zone, presenting potential long-term tax advantages for eligible buyers.
This property is an excellent fit for an owner-occupant buyer seeking to offset living expenses with rental income or for an investor looking for a well-positioned, low-maintenance asset with reliable cashflow.
2417 Cecil B Moore Ave delivers both stability and upside in a fully updated, turn-key property.
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