1426 CECIL B MOORE Avenue

1426 CECIL B MOORE Avenue Philadelphia, Pennsylvania 19121 United States

Investor Opportunity! This mixed-use building located at Temple University offers significant potential for rental income in a highly desirable area for Temple U faculty and students. With a low real estate tax of $4252 for the year 2023 and a tax exemption of $100,192, this property presents an attractive investment opportunity. Don't miss out on the chance to capitalize on this promising venture! Remodeled in 2016, the property features approximately 1200sf of prime commercial space on the ground floor, currently leased to Mr. Wish, generating $5459/month with a 9-year lease. The second floor consists of a tenant-occupied 4-bedroom apartment generating $2150/month in rental income. Additionally, the third floor features a 4-bedroom apartment generating $2300/month in rental income, with leases ending on 07/25/2024. This property presents an ideal investment opportunity in a rapidly expanding area. Enjoy the convenience of being within walking distance to the main campus, restaurants, shopping, theaters, and excellent transportation connections to downtown Philadelphia. Seize this chance to capitalize on the thriving potential of this location!

Listing Courtesy of Philly Real Estate

The data relating to real estate for sale comes in part from Keystone Multi-List. Real estate listings held by brokerage firms other than Lusk & Associates Sotheby's International Realty are marked with the Broker Reciprocity logo and information about them includes the name of the listing broker. All information provided is deemed reliable but is not guaranteed and should be independently verified. This IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.