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Photo of 1702 Cecil B Moore Avenue, Philadelphia PA
1702 Cecil B Moore Avenue
Temple University
Philadelphia, PA 19121
# of Units
4
Acres
0.03
Interior SqFt
5,400
Age
7
Heating
Electric
Cooling
Central A/C
Water
Public
Sewer
Public
Garages
0
Taxes (2022)
1,587
Additional Details Below

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!

Location

Driving Directions

Between 16th and 17th Streets

Listing Details

Summary
Architectural Type

Split Level, Straight Thru

Interior Features
Basement

Block

Exterior Features
Exterior Features

Masonry

Utilities
Cooling

Central A/C, Electric

Heating

Central, Heat Pump(s), Electric

Hot Water

Electric

Sewer

Public Sewer

Water

Public

Property History

Date
Change
Price

Miscellaneous

Assessment : 0
Zoning: Cmx25
Lattitude : 39.979140
Longitude : -75.162930
MLS# : PAPH2343696
Views : 10
Listing Courtesy: Kurt Werner of RE/MAX Keystone

Notes

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