300-302 Cecil B. Moore Avenue

Philadelphia, PA 19122

$475,000
Price
Beds
2,250 Sq. Ft.
$211 / Sq. Ft.
2,250
Sq. Ft.
$211
per Sq. Ft.

Description

Great Multi Family Investment Opportunity in Old Kennsington. The sale includes 2 parcels, a vacant lot and a 3-unit corner building with an extra wide garage facing 3rd St. According to public records, the vacant lot size is 14.41' x 50'. According to public records the footprint of the building is 18' x 50'. Currently, it's an incredible cash flow opportunity for owner occupant or investor. This triplex is located on rapidly developing block with multiple new construction developments surrounding...

Property Details for 300-302 Cecil B. Moore Avenue

Subdivision
OLD KENSINGTON
Municipality
PHILADELPHIA
Ownership
Fee Simple
Style
Traditional
Structure Type
Detached
Total Parking Spaces
2
Basement
Yes

Property Details for 300-302 Cecil B. Moore Avenue

StatusActive Under Contract
MLS #PAPH934122
Taxes$3,849 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1915
Lot Size0.02 AC / 1,080 SF
CountyPhiladelphia County

Listing Agent

Contact Agent(s)

Location

Listing Agent

  1. Matt Aragona

    Listing Agent

    Compass

Building Information for 300-302 Cecil B. Moore Avenue

Stories-Residences3Year Built1915Building Size-Lot Size0.02 AC / 1,080 SF

Payment Calculator

$1,913 per month

30 year fixed, 2.95% Interest

Principal and Interest

$1,592

Property Taxes

$321

HOA Dues

$0

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Property Information for 300-302 Cecil B. Moore Avenue

Location Info
    School Info
  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District County ID: 300200397108
    Location Info
  • MLS Area: 19122 (19122)
  • Subdivision Addtl: OLD KENSINGTON (PHILADELPHIA PA)
  • Municipal Trash: Yes
  • Historic: No
  • Tidal Water: No
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Waterfront: No
Association / Community Info
    Association / Community Info
  • HOA: No
Taxes and Assessment Info
    Tax Info
  • Tax Annual Amount: $3,849
  • Tax Year: 2020
  • School Tax: $2,112
  • County Tax: $0
  • City Town Tax: $1,737
  • Clean Green Assessed: No
  • Zoning: RSA5
  • Zoning Dscrp: U50 Res: Apt(s) Converted Row, 3 Sty, Masonry
  • Agricultural Tax Due: No
  • Tax Lot: 67
  • Tax ID Number: 183015505, 183015600
    Assessment Info
  • Tax Assessed Value: $275,000
  • Year Assessed: 2020
  • Improvement Assessed Value: $192,500
  • Land Assessed Value: $82,500
Financial Info
    Ground Rent
  • Ground Rent Exists: No
    Utilities
  • Utilities: Electric Available, Natural Gas Available, Water Available, Sewer Available
  • Cooling Fuel: Natural Gas
  • Electric Avg Month: $135
  • Electric Prev 12 Months: $1,621
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Avg Month: $99
  • Water Prev 12 Months: $1,189
  • Sewer Septic: Public Sewer
  • Water Source: Public
    Financial Info
  • Gross Income: $33,900
  • Net Operating Income: $31,000
  • Annual Rental Income: $33,900
  • Gross Scheduled Income: $33,900
  • Income Includes: Laundry, Apartment Rentals
  • Cap Rate: 7.40
  • Vacancy Allowance Rate: 20.00%
Rent Info
    Rent Info
  • Owner Pays: Common Area Maintenance, Insurance, Heater Maintenance Contract, Pest Control, Sewer, Snow Removal, Sewer Maintenance, Water, Taxes - Real Estate
  • Existing Lease Type: Month to Month, Yearly
  • Rent Control: No
Building Info
    SQFT
  • Above Grade Finished SQFT: 2250
  • Below Grade Finished SQFT: 0
  • Below Grade Unfinished SQFT: 0
  • Total Finished SQFT: 2250
  • Tax Total Finished SQFT: 2250
    Structure
  • Basement Type: Unfinished, Sump Pump, Connecting Stairway
  • Building Units Total: 3
  • Building Level Count: 3
  • Other Structures: Above Grade, Below Grade
  • Accessibility Features: 2+ Access Exits, Level Entry - Main
  • Construction Materials: Masonry
  • New Construction: No
  • Roof: Rubber
    Unit Info
  • Single Room Units Count: 0
  • One Bedroom Units Count: 2
  • Two Bedroom Units Count: 1
  • Three Bedroom Units Count: 0
  • Units Furnished: None
  • Units Leased Count: 3
Lot Info
    Lot Info
  • Property Type: Multi-Family
  • Land Use Code: U50
  • Lot Dimensions Source: Assessor
  • Lot Size Dimensions: 18.00 x 60.00
  • Lot Size Source: Assessor
  • Lot SQFT: 1080
  • Lot Size Acres: .02
  • Navigable Water: No
  • Property Condition: Good
  • Age: 1915
Parking
    Parking
  • Garage: Yes
  • Type Of Parking: Attached Garage
  • Total Garage Spaces: 2
  • Num of Attached Garage Spaces: 2
  • Garage Features: Garage - Side Entry
Interior Features
    Interior Features
  • Fireplace: No
  • Fireplaces Count: 0
  • Flooring Type: Hardwood
  • Central Air: Yes
  • Cooling Type: Central A/C, Window Unit(s)
  • Heating: Yes
  • Heating Type: Hot Water
Exterior Features
    Exterior Features
  • Pool: No Pool
  • Spa: No

Property History for 300-302 Cecil B. Moore Ave

DateEvent & SourcePriceAppreciation
Oct 8, 2020

Active Under Contract

BRIGHT #PAPH934122

Sep 30, 2020

Price Change

BRIGHT #PAPH934122

$475,000
Sep 11, 2020

Listed (Active)

BRIGHT #PAPH934122

$495,000
DateEvent & SourcePrice
10/08/2020

Active Under Contract

BRIGHT #PAPH934122

09/30/2020

Price Change

BRIGHT #PAPH934122

$475,000
09/11/2020

Listed (Active)

BRIGHT #PAPH934122

$495,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 300-302 Cecil B. Moore Avenue


SchoolTypeGradesDistanceRating
Al Aqsa Islamic AcademyPrivatePK-120.2 mi
NR
Lasalle AcademyPrivate3-80.3 mi
NR
Moffet John SchoolPublicK-50.3 mi
3
Maria Gardner Christian AcademyPrivatePK-60.3 mi
NR

Al Aqsa Islamic Academy

PK-12, 0.2 mi, Private

NR

Lasalle Academy

3-8, 0.3 mi, Private

NR

Moffet John School

K-5, 0.3 mi, Public

3

Maria Gardner Christian Academy

PK-6, 0.3 mi, Private

NR

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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