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Listed price in listed location currency (USD).
$850,000

000

MLS® PAPH2542320

  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential Income
Size 6083 sqft
Garage No
Taxes $1,946
Days Active 60
Lot Size 0.04 acres
Approx. Age 1915
Avg. Price Per Sqft $139
MLS® Number PAPH2542320

Property Address: 2002 Cecil B Moore Ave, PHILADELPHIA, PA, 19121-4029

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

Description

Fully Renovated 4-Unit Investment with Tax Abatement 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.
MLS® NumberPAPH2542320
Laundry Level
Central VacNo
FireplaceNo
Acreage0.04
Exterior
GarageNo
Approx. Age1915
Basement
DrivewayPublic, On Street
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 7, 2025List Date
$850,000List Price
  • Commute

Commute

Starting Address
Destination Address
2002 Cecil B Moore Ave, PHILADELPHIA, PA

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