Stacy L Sanseverino, Listing Office: KW Empower
$7,896
closing credit¹
1702 Cecil B Moore Ave Philadelphia, PA 19121
Property details
About 1702 Cecil B Moore Ave
Welcome to an exceptional investment opportunity in close proximity to Temple University campus! This four-story commercial/multi-family property presents an ideal prospect for investors, particularly those interested in student housing. Situated on an 18 x 80 lot, this property boasts a versatile layout designed to maximize its earning potential. The first floor features a spacious commercial space with flexible usage options, making it suitable for offices, retail stores, non-profit organizations, and more. This prime location ensures high visibility and foot traffic, enhancing the appeal for various business ventures. ****This property can be a package purchase with 1704 Cecil B. Moore, the attached building for $1,090,000 for further investment opportunity.**** Above the commercial space are three units, each comprising five bedrooms and three full bathrooms. With ample living space and modern amenities, these units are perfectly tailored to meet the housing needs of Temple University students. Whether utilized as long-term rentals or short-term accommodations, these units offer lucrative income potential. Furthermore, the property benefits from a remaining tax abatement, providing valuable savings for the discerning investor. This advantageous financial incentive adds to the appeal of this investment opportunity, allowing for increased profitability over time. Don't miss out on the chance to capitalize on this prime investment near Temple University. Whether you're a seasoned investor or new to the market, seize this opportunity to secure a profitable asset in one of Philadelphia's most sought-after locations. Schedule a viewing today and take the first step towards realizing your investment goals!
Highlights
(ACTIVE)
Summary
- MLS Number: PAPH2343696
- MLS Name: BRIGHT
- Office Name: RE/MAX Keystone
- Office Phone: (215) 885-8900
- Office Email: remaxwerner@aol.com
- Listing Agent: Kurt C Werner
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Last updated on: 1/22/2025, 3:20:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$664,900
1702 Cecil B Moore Ave
$7,896
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Oct 15, 2013 | Home Sold | $175,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2020 | $0 | $1,511 |
2019 | $37,000 | $517 |
2018 | $21,600 | $302 |
2017 | $21,600 | $302 |
History based on county public records data.
Nearby schools
2
Kipp North Philadelphia Charter School
Public Charter KG-6
0.9 mi
•2539 N 16th St
1
Richard R. Wright Elementary School
Public District KG-5
1.1 mi
•2700 W Dauphin St
3
Mastery Charter School at Clymer
Public Charter KG-6
1.3 mi
•1201 W Rush St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $11,406. Most Philadelphia, PA residents have annual incomes less than $<35k. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.
Similar homes for sale
This home is located at 1702 Cecil B Moore Ave in Philadelphia, PA and zip code 19121 in the Lower North Philadelphia neighborhood. This 5,400 square foot home, which was built in 2017, sits on a 0.03 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since April 16, 2024 and is currently priced at $664,900.
Over 218 listings were sold over their listed price in December 2024 in Philadelphia, PA. In the same period over 580 listings were sold below the listed price and 229 listings were sold for the listed price. In December 2024 in Philadelphia, PA there were 2.3% less homes for sale than in November. In December 2024 median list price was $267,873 and the average listing age was 49 days.