USAPAPhiladelphia1935 Cecil B Moore Ave
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New
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$875,000

For Sale

3 hours ago

1935 Cecil B Moore Ave, Philadelphia, PA

MLS® PAPH2590832

0 Bed

0 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type Mixed Use
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes $1,819
Days Active 0
Approx. Age 2022
MLS® Number PAPH2590832

Property Address: 1935 Cecil B Moore Ave, Philadelphia, PA, 19121-3137

Average square foot calculated using Size range provided by listing agent.

Description

Welcome to 1935 Cecil B. Moore Ave, a newly constructed mixed-use property completed in 2024, offering a compelling investment opportunity in one of Philadelphia’s rapidly growing corridors. The building features three spacious residential units above a ground-floor commercial space, creating a strong blend of residential stability and commercial income potential. Each of the three residential units offers a well-designed 2-bedroom, 2-bathroom layout, providing modern living spaces ideal for today’s renters. The ground-floor residential unit features its own private backyard, while each of the two upper units includes two private balconies, offering valuable outdoor space that is increasingly sought after by tenants. Residents also enjoy shared roof access, providing additional outdoor space and city views. The property benefits from 8.5 years remaining on the tax abatement, representing approximately $62, 000 in tax savings, significantly enhancing the investment’s long-term value. With unabated taxes, the asset is currently performing at a 6.56% cap rate, generating an NOI of $57, 377 and maintaining a 1.24 DSCR, making it a strong option for investors seeking stable income and favorable financing metrics. With new construction completed in 2024, modern building systems, and minimal near-term maintenance requirements, 1935 Cecil B. Moore Ave presents a rare opportunity to acquire a turn-key mixed-use asset with strong cash flow and long-term upside in a growing Philadelphia neighborhood.
MLS® NumberPAPH2590832
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age2022
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 16, 2026List Date
$875,000List Price
  • Commute

Commute

Starting Address
Destination Address
1935 Cecil B Moore Ave, Philadelphia, PA

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