1426 CECIL B MOORE AVENUE

Investor Opportunity! This mixed-use building located at Temple University offers significant potential for rental income in a highly desirable area for Temple U faculty and students. With a low real estate tax of $4252 for the year 2023 and a tax exemption of $100, 192, this property presents an attractive investment opportunity. Don't miss out on the chance to capitalize on this promising venture! Remodeled in 2016, the property features approximately 1200sf of prime commercial space on the ground floor, currently leased to Mr. Wish, generating $5459/month with a 9-year lease. The second floor consists of a tenant-occupied 4-bedroom apartment generating $2150/month in rental income. Additionally, the third floor features a 4-bedroom apartment generating $2300/month in rental income, with leases ending on 07/25/2024. This property presents an ideal investment opportunity in a rapidly expanding area. Enjoy the convenience of being within walking distance to the main campus, restaurants, shopping, theaters, and excellent transportation connections to downtown Philadelphia. Seize this chance to capitalize on the thriving potential of this location!