For Sale

1420 CECIL B MOORE AVE

1420 CECIL B MOORE AVENUE, PHILADELPHIA, PA 19121

$6,500,000
Extremely rare and incredible opportunity to purchase a true turn key investment right on Temple University Campus!! 1420 Cecil B Moore Ave and 1428 Cecil B Moore Ave. First time to the market in over 50+ years. Both buildings totaling 8 units- 1420 Cecil B Moore is a corner building generating huge positive cash flow! The first floor is occupied by Dunkin Donuts on a NNN lease, the above floors have (3) two bedroom/1 bathrooms and (1) two bedroom/1.5 bathrooms totaling 4 residential units. Each apartment is generously sized and equipped with a full kitchen, washer/dryer and bay windows allowing for ample amounts of natural light and views. In addition, there is an ATM on site that produces additional income. 1428 Cecil B Moore is a 3 unit building. The first floor is occupied by a restaurant called Crunchik’n on a NNN lease, the above floors have (2) 4 bedroom, 1 bathroom apartments. Each apartment are very large, equipped with a full kitchen, washer/dryer and bay windows allowing for ample amounts of natural light. This is a true turn-key investment in a rapidly expanding area . These buildings can be purchased together or separately. Please reach out to the co-listing agent for the rent roll and P&L statement.

5,080 Sq.Ft. LIVING AREA

0.04 Acres lot

Gaurav Gambhir

Gaurav Gambhir

TITLE

Partner


Features & Amenities

Area & Lot

  • Status For Sale
  • Living Area5,080 Sq.Ft.
  • Lot Area0.04 Acres
  • MLS IDPAPH2020898
  • TypeCOMMERCIAL
  • YEAR BUILT1925
  • Water FrontageN
  • School DistrictTHE SCHOOL DISTRICT OF PHILADELPHIA

Exterior

  • water SourcePublic
  • HEAT TYPEOther
  • AIR CONDITIONINGCentral A/C
  • sewerPublic Sewer
  • SubstructureMasonry

Financial

  • Sales Price$6,500,000
  • Real Estate Tax $8,318
  • Zoning CMX2.

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