300-302 Cecil B. Moore Avenue

Philadelphia, PA 19122

$455,000
Last Sold Price
Beds
2,250 Sq. Ft.
$202 / Sq. Ft.
2,250
Sq. Ft.
$202
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...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 it. The area is just steps away from Fishtown and the Frankford ave shopping/arts corridor with restaurants, coffee shops, great bars and attractions. It's sandwiched between Northern Liberties and Fishtown, very walkable and surrounded by public transit options. All 3 units are modern, bright, and spacious. Each is self-contained with separate utilities. The large 1st fl unit ($825/mth+utilities) has access to the side yard through double French doors and access to the basement. The 2nd flr ($1200/mth+utilities) is currently configured as a 2 bedroom unit. The 3rd flr ($800/mth +Utilities) was laid out similarly but has been reconfigured into a large 1 bedroom unit. The laundry for the building is accessible to all units by a shared entrance way. There is a coin operated washer and a free dryer. 24 hour notice is mandatory for showings. Showings are limited to 24 hours notice between 10am and 6pm .

Listing Agent

  1. Matt Aragona

    Matt Aragona

    Listing Agent

    Compass

Property Details for 300-302 Cecil B. Moore Avenue

Tax ID Number
183015505, 183015600
Ownership
Fee Simple
HOA
No
Structure Type
Detached
Style
Traditional
Waterfront
No
Garage
Yes
Subdivision
OLDE KENSINGTON

Location

Sold By Realty Mark Associates

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LISTING UPDATED: 08/22/2022 05:16 AM

Property Details for 300-302 Cecil B. Moore Avenue

StatusClosed
MLS #PAPH934122
Days on Market29
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

Location

Sold By Realty Mark Associates

Add your commute

Building Information for 300-302 Cecil B. Moore Avenue

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

Payment Calculator

$2,804 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,483

Property Taxes

$321

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 300-302 Cecil B. Moore Avenue

Location
Location
  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District County ID: 300200397108
  • SchoolDistrictSource: Listing Agent
  • County: PHILADELPHIA
  • MLS Area: 19122 (19122)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Association / Community Info
Association / Community Info
  • Association Recreation Fee Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2020
  • Tax Assessed Value: $275,000
  • Year Assessed: 2020
  • County Tax: $0
  • Improvement Assessed Value: $192,500
  • City Town Tax: $1,737
  • Land Assessed Value: $82,500
  • Clean Green Assessed: No
  • Municipal Trash: Yes
  • Land Use Code: U50
  • Agricultural Tax Due: No
  • Historic: No
  • Zoning: RSA5
  • Zoning Dscrp: U50 Res: Apt(s) Converted Row, 3 Sty, Masonry
  • Tax Lot: 67
  • School Tax: $2,112
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Owner Pays: Common Area Maintenance, Insurance, Heater Maintenance Contract, Pest Control, Sewer, Snow Removal, Sewer Maintenance, Water, Taxes - Real Estate
  • Concessions: No
Unit Information
Unit Information
  • 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
  • Vacancy Allowance Rate: 20.00%
  • Rent Control: No
Financial Information
Expenses
  • Water Avg Month: $99
  • Water Prev 12 Months: $1,189
  • Electric Avg Month: $135
  • Electric Prev 12 Months: $1,621
Financial Information
  • Gross Income: $33,900
  • Gross Scheduled Income: $33,900
  • Net Operating Income: $31,000
  • Annual Rental Income: $33,900
  • Income Includes: Laundry, Apartment Rentals
  • Cap Rate: 7.40
  • Existing Lease Type: Month to Month, Yearly
Building Info
Building Info
  • Building Level Count: 3
  • Building Units Total: 3
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 18.00 x 60.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 985256
  • Ground Rent Exists: No
Parking
Parking
  • Type Of Parking: Attached Garage
  • Num of Attached Garage Spaces: 2
  • Total Garage Spaces: 2
  • Garage Features: Garage - Side Entry
Interior Features
Interior Features
  • Fireplace: No
  • Fireplaces Count: 0
  • Accessibility Features: 2+ Access Exits, Level Entry - Main
Exterior Features
Exterior Features
  • Spa: No
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Utilities: Electric Available, Natural Gas Available, Water Available, Sewer Available
  • Heating: Yes
  • Cooling Type: Central A/C, Window Unit(s)
  • Cooling Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office

Property History for 300-302 Cecil B. Moore Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

This home is within Philadelphia City School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 12
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Moffet John School
PublicK to 5

Penn Treaty Middle School
Public6 to 12

The U School: Innovative Lab
Public9 to 12

Bodine William W High School
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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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.