2308 Cecil B Moore Avenue

Philadelphia PA 19121

3712 sq. ft.

1440 sq. ft.

Duplex

Currently for sale - view listing

Overview

LOW TAX! 2308 Cecil B. Moore Ave is a strong cash-flowing 4-unit mixed-use investment opportunity positioned along the Ridge Ave & Cecil B. Moore corridors and located within a Qualified Opportunity Zone (QOZ). The property consists of three occupied 1BR/1BA residential units above a highly visible street-level commercial space, currently vacant and for owner use or additional income potential. 2310 Cecil B Moore is also for sale. All residential units are currently rented below market with primarily month-to-month leases, offering immediate upside through lease optimization and repositioning. Strong rental demand for 1-bedroom apartments in the area continues to support stable occupancy and predictable operations, whether targeting market-rate tenants or voucher programs. The commercial storefront benefits from excellent street exposure, steady neighborhood traffic, and flexible potential uses. Pro forma projections indicate an estimated 9.5%–10% CAP rate (buyer to verify), supported by the property’s efficient unit mix, rental upside, and mixed-use income potential.

Features

3 bedrooms

3712 sq. ft. floor area

1440 sq. ft. lot size

Duplex

Property history for 2308 Cecil B Moore Avenue

2020

Sold

$450,000

05 Oct 2020

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