2550 Cecil B. Moore Avenue
2550 Cecil B. Moore Avenue
$267,500
—
1,986
1,986
$135
Closed 4/2/22
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Description
Investor Opportunity! 2550 Cecil B Moore, a value-add, MF rehab-opportunity now available in the quickly developing Brewerytown Neighborhood of Philadelphia, Pennsylvania. The future 3K+ SF property features multiple units. This new property will be perfectly designed for professionals, students and long term residents in mind. Secure the coveted full 10 year tax abatement as well as the Qualified Opportunity Zone Tax Benefit when you convert into a duplex. The QOZ tax incentive allows for (10 year...Investor Opportunity! 2550 Cecil B Moore, a value-add, MF rehab-opportunity now available in the quickly developing Brewerytown Neighborhood of Philadelphia, Pennsylvania. The future 3K+ SF property features multiple units. This new property will be perfectly designed for professionals, students and long term residents in mind. Secure the coveted full 10 year tax abatement as well as the Qualified Opportunity Zone Tax Benefit when you convert into a duplex. The QOZ tax incentive allows for (10 year tax deferral on the respective capital gains. A 15% tax reduction on those capital gains when they are taxed in the 10th year. Tax free growth on the opportunity investment as long as the investment is held for 10 years.) Or keep as is and sit back and collect monthly rent. Last tenant moved out 4/31/21, property delivered vacant. The opportunity allows for strong rental demand, asset appreciation and growth forecast for years to come in North Philly. Walkable to stunning Fairmount Park and a short drive to restaurants and bars on Ridge Ave and Girard Ave. This submarket is exploding with new rehabs fueled by the healthcare, business and education sectors as revitalization efforts head North from Girard Ave and East from Temple University. There are new construction comps on Cecil B Moore. Inquire within for Building Financials --Pro forma financials. Buy and renovate today!
Property Details for 2550 Cecil B. Moore Avenue
Tax ID Number
324036600
OwnershipFee Simple
HOANo
Structure TypeEnd of Row/Townhouse
StyleContemporary
WaterfrontNo
GarageNo
Expected On Market Date05-26-2021
Location
LISTING UPDATED: 08/25/2022 08:36 PM
Property Details for 2550 Cecil B. Moore Avenue
Status | Closed |
---|---|
MLS # | PAPH1014368 |
Days on Market | 202 |
Taxes | $2,674 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family / Fee Simple |
Year Built | 1915 |
Lot Size | 0.02 AC / 1,020 SF |
County | Philadelphia County |
Location
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Building Information for 2550 Cecil B. Moore Avenue
Stories-Residences2Year Built1915Building Size-Lot Size0.02 AC / 1,020 SF
Payment Calculator
$1,683 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 2550 Cecil B. Moore Avenue
Property History for 2550 Cecil B. Moore Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2550 Cecil B. Moore Avenue
Taxable ValueLand$56,280Additions$225,120Total$281,400
Tax Record2023$3,939 ($328 / month)
Home Facts
Beds6Total Finished SqFt1,986 SqFtAbove Grade Finished SqFt1,986 SqFtStories3Lot Size1,020 SqFtStyleCondominiumYear Built1915ZoningRM1CountyPHILADELPHIAAPN32-4-0366-00
Schools near 2550 Cecil B. Moore Avenue
This home is within Philadelphia City School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 8 | |||
Public - | 7 to 12 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Kelley William D School PublicPK to 8 | ||
Carver High School Public7 to 12 | ||
Dobbins Avt High School Public9 to 12 | ||
Philadelphia Military Academy At Elverson Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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