About 1617 Cecil B Moore Ave
Incredible investment opportunity . This location has been trending up for many years. The property consists of 1 commercial space and 2 residential apartments. The commercial space is a long standing barber shop and the current rent is $1800 per month. The 2nd floor unit has just been updated and a tenant has been secured for $1800 per month. The 3rd floor unit has a long term tenant and rent is $1200 per month but is well below market rent. Both residential units are in great shape and have 3 bedrooms and a full kitchen and living room. At the current price the cap rate is over 9%.
Features of 1617 Cecil B Moore Ave
| MLS® # | PAPH2481942 |
|---|---|
| Price | $525,000 |
| Bathrooms | 0.00 |
| Square Footage | 3,235 |
| Acres | 0.04 |
| Year Built | 2009 |
| Type | Commercial Sale |
| Sub-Type | Mixed Use |
| Status | Active |
Community Information
| Address | 1617 Cecil B Moore Ave |
|---|---|
| Area | 19121 |
| City | PHILADELPHIA |
| County | PHILADELPHIA-PA |
| State | PA |
| Municipality | PHILADELPHIA |
| Zip Code | 19121 |
Amenities
| Utilities | Above Ground, Cable TV Available, Electric Available, Natural Gas Available, Phone Available, Sewer Available, Water Available |
|---|---|
| Is Waterfront | No |
Interior
| Heating | Heat Pump - Electric BackUp |
|---|---|
| Cooling | Central A/C |
| Has Basement | No |
| Fireplace | No |
Exterior
| Roof | Rubber |
|---|
School Information
| District | THE SCHOOL DISTRICT OF PHILADELPHIA |
|---|
Additional Information
| Date Listed | May 13th, 2025 |
|---|---|
| Days on Market | 160 |
| Zoning | CMX25 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Liberty Bell Real Estate & Property Management |
|---|---|
| Contact Info | 2158853332 |