320 Cecil B Moore Avenue
Philadelphia, PA, 19122 $ 1,450,000
Bedrooms8 Baths0.0 Monthly Estimate*
$ 8,928
for $1,450,000 with 8 bedrooms. This home was built in 2018 on a lot size of 0.05.
Premier Turnkey Investment Opportunity | Fully Stabilized 5-Unit Corner Asset | Condo Exit Strategy | Olde Kensington Exceptional opportunity to acquire a fully stabilized, income-producing 5-unit corner property in the heart of the rapidly appreciating Olde Kensington / Fishtown corridor. Currently generating $106,917 in annual rental income with all units leased, this asset delivers immediate cash flow with significant long-term upside in one of Philadelphias strongest rental markets. The building was designed with modern, high-demand finishes that continue to attract strong tenant demand. Each residence features open-concept layouts, beautiful hardwood flooring, recessed lighting, oversized windows providing exceptional natural light, quartz countertops, stainless steel Frigidaire Gallery appliances, in-unit washer/dryers, and generous closet space. Select units offer private balconies, while tenants also enjoy access to a shared roof deck, creating desirable outdoor living space. Positioned on a prime corner lot, the property benefits from excellent exposure, strong curb appeal, and sun-filled interiors throughout the building. Located just minutes from Fishtown, Northern Liberties, and Center City, the property sits in one of the citys most vibrant neighborhoods surrounded by top restaurants, bars, coffee shops, retail, offices, and convenient public transit, making it an extremely desirable location for renters. Unique Investment Advantage The property is already legally established as five separate condominiums with individual tax ID numbers, offering investors a rare and valuable multiple-exit strategy. Buyers can continue operating the property as a high-performing multifamily investment or sell units individually in the future, unlocking potential additional value. Investment Highlights 5 Units Fully Occupied $106,893 Annual Gross Rental Income Corner Property with Excellent Natural Light Modern Construction with High-End Finishes Quartz Countertops & Frigidaire Gallery Appliances In-Unit Washer & Dryer in Every Unit Private Balconies + Shared Roof Deck Separate Condo Tax IDs for Each Unit (Rare Exit Strategy) Prime Location Between Fishtown, Northern Liberties & Olde Kensington Turnkey multifamily opportunities with strong income, premium finishes, and condo flexibility in this location are increasingly rare. .
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FeaturesGeneralLiving Area 6000
Sewer Public Sewer
Heating Forced Air
Cooling Central A/C
Possession Settlement Negotiable
Zoning CMX2
Architectural Style Traditional Unit/Flat
Construction Materials Masonry Other
School District THE SCHOOL DISTRICT OF PHILADELPHIA
Year Built 2018
Property Subtype Quadruplex
Tax Year 2024
Ownership Fee Simple
Cool Fuel Electric
Municipality PHILADELPHIA
Accessibility None
County PHILADELPHIA
Insurance Expense 3800.00
New Construction N
Property Type Multi-Family
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Status ACTIVE
Directions none
City PHILADELPHIA
Disclosures Owner RE Licensee
Number Of Units Total 4
MLS Area 19122 (19122)
Lot Size Units Square Feet
Lot Size Square Feet 2181.00
Tax Annual Amount 596.0
Property Condition Excellent
Two Bedroom 3
Structure Type End of Row/Townhouse
Price Per Sq Ft Total AG 241.67
Vacation Rental Y/N N
Standard Status Active
Year Built Source Estimated
Tax Lot 271
Total Actual Rent 106917.00
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InteriorInterior Amenities Floor Plan - Open
Heating Fuel Natural Gas
Flooring Hardwood
Hot Water Natural Gas
Heating Y/N Y
Fireplace Y/N N
Central Air Y/N Y
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ExteriorPool No Pool
Water Source Public
Type of Parking None
Foundation Details Slab
Water View Y/N N
Lot Dimensions 65.00 x 50.00
Lot Size Acres 0.05
Lot Size Source Estimated
Waterfront Y/N N
Land Assessed Value 42600.00
Navigable Water Y/N N
Water Oriented Y/N N
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* Excluded FeaturesList Bykim@kimcassidyteam.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $8,928
- Monthly Property Taxes
- $50
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Philadelphia, PA
Average List Price $571,401
Percent of Sale Price 61%
About Philadelphia, PA 1,588,239 Population
5% Since 2002
$ 42,223 Median Income
36 Median Age
24% Households with Children
Trends Information provided by ATTOM Data Solutions.
3533249 Elementary School
3533189 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 3/12/2026 | $1,450,000 | | Listed Price |