Foreclosure
Listed By:
RE/MAX Keystone
Address
1702 Cecil B Moore Avenue, Philadelphia, PA
Price
$ 849,900
Property Attributes
  • MLS#PAPH2341424
  • TypeCommercial
  • CountyPHILADELPHIA
  • CityPhiladelphia
  • Area19121
  • NeighborhoodTemple University
  • Zip19121
  • StyleConvenience Store/Gas,Professional
  • Year Built2017
  • Taxes$ 1587
  • Price$ 849,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage5400
  • Lot Size1,307 SqFt
Data Source:
Bright MLS
Property Description

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 $1,499,900 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!

Price History
4/10/2024 Listed $849,900

General Features

Sewer Public Sewer
Heating Central,Heat Pump(s)
Cooling Central A/C
Possession Negotiable
Zoning CMX25
Construction Materials Masonry
Year Built 2017
Property SubType Mixed Use
Tax Year 2022
Percent Ownership Fee Simple
Cool Fuel Electric
Business Type Convenience Store/Gas,Professional
Accessibility None
County PHILADELPHIA
New Construction No
Property Type Commercial Sale
Subdivision Name TEMPLE UNIVERSITY
Water Access Y/N No
Status ACTIVE
Directions Between 16th and 17th Streets
ModificationTimestamp 2024-04-10T09:31:39
City PHILADELPHIA
Buyer Agent Compensation 3
MLS Area 19121 (19121)
Lot Size Square Feet 1440.00
Tax Assessed Value 113400.0
Waterfront Y/N No
Street Name CECIL B MOORE
Tax Annual Amount 1587.0
Historic Y/N No
Vacation Rental Y/N No
Days on Market 21
Standard Status Active
Year Built Source Assessor
Tax Lot 264
Buyer Agent Compensation Type % Of Gross
Association Recreation Fee No

Interior Features

Heating Fuel Electric
Hot Water Electric
Heating Y/N Yes
Street Suffix AVENUE
Central Air Y/N Yes
Total Restrooms 15

Exterior Features

Water Source Public
Type of Parking On Street
Land Use Code Y70
Water View Y/N No
Building Area Total 0.00
Lot Dimensions 18.00 x 80.00
Lot Size Acres 0.03
Lot Size Units Square Feet
Lot Size Source Assessor
Land Assessed Value 113400.00
Navigable Water Y/N No
Water Oriented Y/N No
LotDimensionsSource Assessor

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 19121

Price
AVG $860K
$850K
Taxes
AVG $4,033
$1,587
Visits
AVG 160
132
Data Provided by Inside Real Estate®
Year Built
AVG 1938
2017

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