Contemporary
1715 CECIL B MOORE AVENUE
PHILADELPHIA, PA 19121
MLS#: PAPH2668032
$524,900
Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
2017
Sq.Footage
4,260
INVESTOR ALERT — 24 HOURS NOTICE REQUIRED. Zoned CMX-2.5 / RM-1 — mixed-use property completed 2017, comprising two large residential units totalling 11 bedrooms and 11.5 bathrooms across 4,260 sq ft, plus a ground-floor commercial space. The only mixed-use asset in this package; the commercial lease diversifies income away from the residential cycle. Fire-sprinklered throughout, with a street-level department connection. Unit 1 — 6 bed / 6.5 bath with private patio, $2,400/month Unit 2 — 5 bed / 5 bath with private roof deck, $3,000/month Commercial — ground-floor studio, kitchenette, ADA accessible, $650/month Gross rental income of $72,600 for the 26/27 season, up from $60,300 in 25/26 — a 20.4% increase. A bathroom for every bedroom in both residential units, which is unusual in this submarket. In-unit washer and dryer in each unit. Important: the property's tax abatement expires after the 2027 tax year. The parcel is assessed at $566,500, of which approximately $113,300 is currently taxable. Taxes are $1,586 per year against approximately $7,930 at full assessment — one abated bill remains, and purchasers should underwrite a step-up of roughly $6,344 annually from 2028. All figures subject to independent verification. This property is offered individually and as part of a Temple University area package under single ownership. Package details and offering memoranda available from the listing agent.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Above Grade Finished Area
4260.0
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Central Air, Electric
-
Heating YN
YES
-
Heating
Electric, Central
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Parking
On Street
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.03
-
Lot Size(square feet)
1,364
-
Property Type
Residential Income
-
Property Sub Type
Townhouse
-
Architectural Style
Contemporary
Price
-
Sales Price
$524,900
-
Tax Amount
$1,167
-
Sq. Footage
4,260
-
Price/SqFt
$123
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
New Construction
YES
-
Foundation Details
Brick/Mortar
-
Sewer
Public Sewer
-
Tax Lot
33
-
Water Source
Public
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Location
County
PHILADELPHIA
Elementary School
Middle School
High School
Listing Courtesy of Danielle Redenbaugh, BHHS Fox & Roach-Center City Walnut
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Owner, President, Investment Property Advisor
Theresa Kehler
Call Theresa today to schedule a private showing.
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