300-302 Cecil B Moore Ave, Philadelphia, PA 19122

$514,900
2,250
SqFt

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List Price
$514,900
Price Change
▼ $15,000 1784403941
Days on Market
463
Status
ACTIVE
MLS#
PAPH2457082
Living Area
2,250
Lot Size (Acres)
0.02
Style
Traditional
Year Built
1915
County
Philadelphia
School District
The School District Of Philadelphia

Property Description

Major price improvement!! Amazing investment opportunity to own a cash flowing triplex, an extra wide 2 car garage AND an adjoining vacant lot to build on or use for additional amenity space. The triplex is located in a booming section of North Kensington w under market rents and potentially the ability for an owner occupant to acquire this property and immediately generate real cash flow! The garage is currently not being used and can be quickly rented out for additional income. The area is super close to Fishtown, Frankford Ave corridor with their fantastic shops and restaurants. Not to mention directly across the street from a trendy café with public transportation abound. Each unit has its own utilities which are separately metered. The large first floor 1 bed 1 bath unit is rented for $1236+$35 water fee and has access to the side door to the yard and the basement. The second floor which is a 2 bed 1 bath unit ($1272+$35 water fee). The third floor also is a 2 bed 1 bath but is configured as a large 1 bed 1 bath ($957+$35 water fee). This triplex is generating ALREADY $3,570 a month ($42,850 a yr) PLUS you can immediately rent out the garage for additional income. This investment has multiple revenue stream's and full of opportunity! Seller open to providing an ‘assist’ w accepted offer as well.

Additional Information

Area
19122 (19122)
Taxes
$6908
School District
The School District Of Philadelphia
Garage
Yes
Garage Spaces
2
Heating
Hot Water
Heating Fuel
Natural Gas
Cooling
Central A/C, Window Unit(s)
Water
Public
Sewer
Public Sewer
Basement
Yes

Mortgage Calculator

Amount of Loan
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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Realty Mark Associates. Contact: 2153764444

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