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1420 Cecil B Moore Avenue

PHILADELPHIA, PA 19121
  • $6,500,000
  • STATUS: Active
  • ON SITE: 110 Days
  • ID#: PAPH2020898
$6,500,000
  • 0
    BEDS
  • 0.04
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1925
County:

School Ratings & Info

Description

Extremely rare and incredible opportunity to purchase a true turn key investment right on Temple University Campus!! 1420 Cecil B Moore Ave and 1428 Cecil B Moore Ave. First time to the market in over 50+ years. Both buildings totaling 8 units- 1420 Cecil B Moore is a corner building generating huge positive cash flow! The first floor is occupied by Dunkin Donuts on a NNN lease, the above floors have (3) two bedroom/1 bathrooms and (1) two bedroom/1.5 bathrooms totaling 4 residential units. Each apartment is generously sized and equipped with a full kitchen, washer/dryer and bay windows allowing for ample amounts of natural light and views. In addition, there is an ATM on site that produces additional income. 1428 Cecil B Moore is a 3 unit building. The first floor is occupied by a restaurant called Crunchik+GGn on a NNN lease, the above floors have (2) 4 bedroom, 1 bathroom apartments. Each apartment are very large, equipped with a full kitchen, washer/dryer and bay windows allowing for ample amounts of natural light. This is a true turn-key investment in a rapidly expanding area . These buildings can be purchased together or separately. Please reach out to the co-listing agent for the rent roll and P&L statement.

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©2021 Bright MLS, All Rights Reserved. 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. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Yellow Door Team | Douglas Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-12-05T23:49:11.667.
www.yellowdoorteam.com/homes/120570549
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1420 Cecil B Moore Avenue PHILADELPHIA, PA 19121

  • Price: $6,500,000
  • Status: Active
  • On Site: 110 Days
  • ID#: PAPH2020898
0
Beds
0
Baths
0
½ Baths
0.04
Acres
1925
Built
Neighborhood:
19121 (19121)
County:
Philadelphia
Area:
19121 (19121)
School District:
The School District Of Philadelphia
Property Description
Extremely rare and incredible opportunity to purchase a true turn key investment right on Temple University Campus!! 1420 Cecil B Moore Ave and 1428 Cecil B Moore Ave. First time to the market in over 50+ years. Both buildings totaling 8 units- 1420 Cecil B Moore is a corner building generating huge positive cash flow! The first floor is occupied by Dunkin Donuts on a NNN lease, the above floors have (3) two bedroom/1 bathrooms and (1) two bedroom/1.5 bathrooms totaling 4 residential units. Each apartment is generously sized and equipped with a full kitchen, washer/dryer and bay windows allowing for ample amounts of natural light and views. In addition, there is an ATM on site that produces additional income. 1428 Cecil B Moore is a 3 unit building. The first floor is occupied by a restaurant called Crunchik+GGn on a NNN lease, the above floors have (2) 4 bedroom, 1 bathroom apartments. Each apartment are very large, equipped with a full kitchen, washer/dryer and bay windows allowing for ample amounts of natural light. This is a true turn-key investment in a rapidly expanding area . These buildings can be purchased together or separately. Please reach out to the co-listing agent for the rent roll and P&L statement.
Exterior Features

Construction Materials Masonry Garage YN No Parking Types On Street Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 5080.00 Cooling Central A/C Heating Other Heating YN Yes Net Square Feet 8687.00

Property Features

Acceptable Financing CashConventionalOther Accessibility Features None Assessment Year 2021 Association YN No Business Type Apartment BuildingRestaurant/Bar Central Air YN Yes Cooling Fuel Electric Heating Fuel Natural Gas Hot Water Electric Municipality Philadelphia Navigable Water YN N New Construction YN No Number Of Units Total 8 Original MLSNumber 800952295814 Ownership Interest Fee Simple Possession Immediate0-30 Days Cd31-60 Days Cd61-90 Days Cd90-120 Days Cd Property Sub Type Five Or More Units Sale Type Standard Sewer Public Sewer Tax Annual Amount 8318.00 Tax Assessment Amount 594200.00 Tax Lot 138 Vacation Rental YN No Water Source Public Zoning Cmx2.

Listing courtesy of Keller Williams Philadelphia.


©2021 Bright MLS, All Rights Reserved. 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. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Yellow Door Team | Douglas Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-12-05T23:49:11.667.
 
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