2601 CECIL B MOORE AVENUE Philadelphia, PA $ 649,000
2601 CECIL B MOORE AVENUE
$ 649,000
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2601 CECIL B MOORE AVENUE

Philadelphia, PA, 19121
$ 649,000
Bedrooms-- Baths0.0 Sq 3,780

Monthly Estimate*

$ 2,733

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Commercial Property for sale in Philadelphia, PA

for $649,000. This 3,780 square foot building was built in 1915 on a lot size of 18.00 x 77.00.

Bring all offers!! This large 3780 sq. ft mixed used corner Brewerytown property is ready to sell! This income producing property will generate you $58000 a year. Current tenants on month to month leases. The property features 4 residential units (1 Bed Unit & 2 Bed Unit on 2nd Floor/ 2 One Bed Units on 3rd Floor), Commercial storefront is located on 1st floor and feature 3 separate rooms along with a 1/2 bath. Basement is unfinished and spans the entire length of the property. Each unit is on separate utilities (Gas, Electric, Water). Commercial space is currently occupied by the current owner but will be delivered vacant. Residential units will be occupied with option to keep current tenants or end current month to month after 30 days. Owner took good care of property and made sure any repairs were done as needed. Property was renovated some years ago but could use some updating here and there. Owners are highly motivate to sell so bring all offers!!! Property can be shown any day with 24 hours notice .Rent Roll Breakdown: Unit 1 One BR- $725/ Unit 2 One BR- $725/ Unit 3 Two BR- $825 Unit 4 One BR- $625/ Commercial Unit- Owner Use- $2000 (Owner currently runs a business out of the 1st floor commercial , therefore rent for the commercial unit is based on market value rent in the area of $2000)Total Net Income of property is $4900 a month/ $58, 000 Annually Cap Rate 7%

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Commercial Active

Price

$ 649,000

Property Type

Commercial

Taxes

$ 2,380

Tax Municipality

PHILADELPHIA

Style

Mixed Use

Lot Size

18.00 x 77.00

Year Built

1915

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2008126

Features
Interior
Cooling System Electric Cooling Window Unit(s)
Flooring Laminate Flooring
Heating Source Electric
Heating System Hot Water Heater: Electric Wall Unit
Sewer Shared Septic
Water Source Public Water
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Exterior
Foundation Concrete Masonry
Parking 1-20 Assigned Parking Spaces On Street Parking
Roof Flat Roof
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Miscellaneous
Accessibility Other Wide Doorways Wide Halls
Public Transportation Location Close to Bus
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Rental
Owner/Landlord Pays Common Area Maintenenace Snow Removal Taxes
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* Excluded Features
List By
Keller Williams Philadelphia

Broker

Affordability Calculator

$2,931
Per Month
93%
7%
0%
Monthly Principal & Interest
$2,733
Monthly Property Taxes
$198
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 2.99% 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.
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Nearby
THE SCHOOL DISTRICT OF PHILADELPHIA School District
Pricing History
DatePricePrice ChangeDescription
8/21/2021$649,000 -3.84% Price Down
7/27/2021$674,900 -3.59% Price Down
7/8/2021$700,000 Listed Price

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2601 CECIL B MOORE AVENUE, Philadelphia, PA, 19121 is a Commercial Property for sale at $649,000 with 3,780 sqft and a lot size of 18.00 x 77.00. 2601 CECIL B MOORE AVENUE has 0.0 baths and was built in 1915. The property's zip code is 19121 which is in Philadelphia, PA