SQUARE FEET2,812
MLS#PAPH2617848
STATUSACTIVE
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONSHARSWOOD
SCHOOLPHILADELPHIA CITY
Property Description
LOW TAX! 2308 Cecil B. Moore Ave is a strong cash-flowing 4-unit mixed-use investment opportunity positioned along the Ridge Ave & Cecil B. Moore corridors and located within a Qualified Opportunity Zone (QOZ). The property consists of three occupied 1BR/1BA residential units above a highly visible street-level commercial space, currently vacant and for owner use or additional income potential. 2310 Cecil B Moore is also for sale. All residential units are currently rented below market with primarily month-to-month leases, offering immediate upside through lease optimization and repositioning. Strong rental demand for 1-bedroom apartments in the area continues to support stable occupancy and predictable operations, whether targeting market-rate tenants or voucher programs. The commercial storefront benefits from excellent street exposure, steady neighborhood traffic, and flexible potential uses. Pro forma projections indicate an estimated 9.5%–10% CAP rate (buyer to verify), supported by the property’s efficient unit mix, rental upside, and mixed-use income potential.
Property Features
Property Type: Multi Unit - Multiple
Basement: Unfinished
Basement: Yes
Cooling: Window Unit(s)
Fuel Type: Electric
Heating: Baseboard - Electric
Home Style: Straight Thru
Lot Size: 0.03 Acres
Roof Type: Flat
Taxes: $2,943
Year Built: 1920
Feature Descriptions
Accessibility: Level Entry - Main
Additional Structures: Above Grade, Below Grade
Exterior: Masonry
Lot Dimensions: 0.03 Acre(S)
Municipality: PHILADELPHIA
One Bedroom Units: 3
Sewer: Public Sewer
Structure Type: Interior Row/Townhouse
Units: 4
Water: Public
Local Schools
School District: PHILADELPHIA CITY
Listed By / Shown By
Listed By
Agency Name: BHHS Fox & Roach Wayne-Devon
Agency Phone: 6106512700
Shown By
Agent Name: Julian Smith
Agent Phone: Cell: (484) 772-5070
Agency Title: Berkshire Hathaway HomeServices Homesale Realty
First AmericanEstimate Your Payment
Estimated Payment
$ 1,315.07 per month $945.87 Principal & Interest $245.25 Property Tax $123.96 Homeowner's Insurance
Corporate Office - 215 S Centerville Rd. Lancaster, PA 17603
2308 Cecil B Moore Avenue | MLS# PAPH2617848
This multi-family property located at 2308 Cecil B Moore Avenue, Philadelphia, PA 19121 is currently listed for sale with an asking price of $425,000. Cecil B Moore Avenue is located within the PHILADELPHIA CITY school district. Search Philadelphia real estate on www.juliansmithrealtor.com today.