1702 Cecil B Moore Ave, PHILADELPHIA

$649,900

0 Beds
0 Baths
5,400 Sqft
.03 Acres
0 Garages

Investment Opportunity! 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.** Retail space plus three 5 Bedroom units!**
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.

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!

Essential Information
MLS® #PAPH2341424
Price$649,900
Bathrooms0.00
Square Footage5,400
Acres0.03
Year Built2017
TypeCommercial Sale
Sub-TypeMixed Use
StatusActive
Community Information
Address1702 Cecil B Moore Ave
Area19121
CityPHILADELPHIA
CountyPHILADELPHIA-PA
StatePA
MunicipalityPHILADELPHIA
Zip Code19121
Interior
HeatingCentral, Heat Pump(s)
CoolingCentral A/C
District

THE SCHOOL DISTRICT OF PHILADELPHIA

Additional Information
ZoningCMX25
RE / Bank OwnedYes
Listing Details
OfficeRE/MAX Keystone
Office Contact(215) 885-8900
Property History
Price Reduced from $664,900 to $649,900
Price Reduced from $699,900 to $664,900
Price Reduced from $724,900 to $699,900
Price Reduced from $749,900 to $724,900
Price Reduced from $774,900 to $749,900
Show All History (8)
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Listing information last updated on March 3rd, 2025 at 12:45pm EST.

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