2002 CECIL B MOORE AVE Philadelphia, PA 19121
6,083 SqFt
UPDATED:
Key Details
Property Type Multi-Family, Townhouse
Sub Type Interior Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 6,083 sqft
Price per Sqft $139
MLS Listing ID PAPH2542320
Style Traditional
Abv Grd Liv Area 5,083
Year Built 1915
Annual Tax Amount $1,946
Tax Year 2025
Lot Size 1,596 Sqft
Acres 0.04
Lot Dimensions 19.00 x 84.00
Property Sub-Type Interior Row/Townhouse
Source BRIGHT
Property Description
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 $64,431, translating to a 7.58% cap rate, along with a DSCR of 1.43 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 property with proven returns or an owner-occupant buyer looking for an opportunity that requires very little management and no renovations, 2002 Cecil B Moore Ave offers both stability and income in a prime location.
Location
State PA
County Philadelphia
Area 19121 (19121)
Zoning RM1
Interior
Hot Water Electric
Heating Forced Air
Cooling Central A/C
Fireplace N
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Foundation Brick/Mortar, Concrete Perimeter
Above Ground Finished SqFt 5083
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 472059800
Ownership Fee Simple
SqFt Source 6083
Acceptable Financing Cash, FHA, Conventional
Listing Terms Cash, FHA, Conventional
Financing Cash,FHA,Conventional
Special Listing Condition Standard
NEARBY SCHOOLS & PROPERTIES
- 10
Penn Alexander School
Public | KG - 8
- 9
Masterman Julia R Secondary School
Public | 5 - 12
- 8
Meredith School
Public | KG - 8
- 7
Christopher Columbus Charter School
Public | KG - 8
- 7
Folk Arts-Cultural Treasures Charter School
Public | KG - 8
- 7
General George A. McCall School
Public | KG - 8
- 7
Laboratory Charter School
Public | KG - 8
- 6
Albert M. Greenfield School
Public | KG - 8
- 6
Independence Charter School
Public | KG - 8
- 5
Russell Byers Charter School
Public | PK - 6
- 5
Alliance for Progress Charter School
Public | KG - 8
- 5
Young Scholars Charter School
Public | 5 - 8
- 4
Martha Washington Elementary Academics
Public | KG - 8
- 4
Cook-Wissahickon Elementary School
Public | KG - 8
- 4
Robert Morris School
Public | KG - 8
- 4
Chester A. Arthur School
Public | KG - 8
- 4
Bache-Martin Elementary School
Public | PK - 8
- 4
Wissahickon Charter School
Public | KG - 8
- 4
Andrew Jackson School
Public | PK - 8
- 4
Math Civics and Sciences Charter School
Public | 1 - 12
- 4
Mastery Charter High School
Public | 7 - 12
- 4
Esperanza Cyber Charter School
Public | 6 - 12
- 3
Esperanza Academy Charter High School
Public | 6 - 12
- 2
Eastern University Academy Charter School
Public | 7 - 12
- 2
The Sd of Philadelphia Virtual Academy
Public | 6 - 12
- 2
The Promise Academy at Roberto Clemente Middle School
Public | 6 - 8
- 1
World Communications Charter School
Public | 6 - 12
- 1
Penn Treaty
Public | 6 - 12
- 0
Wordsworth Academy
Private | 6 - 12
- 0
Student Education Center & Delaware Valley High School
Private | 8 - 12
- 0
Wakisha Charter School
Public | 6 - 8
- 8
Science Leadership Academy
Public | 9 - 12
- 8
Academy at Palumbo
Public | 9 - 12
- 7
Carver High School
Public | 9 - 12
- 7
Bodine William W High School
Public | 9 - 12
- 5
Creative and Performing Arts
Public | 9 - 12
- 5
Philadelphia Electrical & Tech Chs
Public | 9 - 12
- 5
Parkway-Center City
Public | 9 - 12
- 5
Philadelphia Military Academy at Elverson
Public | 9 - 12
- 5
Multi-Cultural Academy Charter School
Public | 9 - 12
- 4
Paul Robeson High School for Human Services
Public | 9 - 12
- 4
Franklin Lc
Public | 9 - 12
- 4
Constitution High School
Public | 9 - 12
- 2
Randolph A. Philip Avt High School
Public | 9 - 12
- 1
School of the Future
Public | 9 - 12
- 1
Universal Audenried Charter High School
Public | 9 - 12
- 1
Strawberry Mansion High School
Public | 9 - 12
- 1
Dobbins Avt High School
Public | 9 - 12
- 1
Benjamin Franklin High School
Public | 9 - 12
- 1
Mastery Charter School at Gratz
Public | 9 - 12
- 1
Charter High School for Architecture and
Public | 9 - 12
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