Back 2537 Cecil B Moore Avenue
Off Market

2537 Cecil B Moore Avenue

Philadelphia PA 19121

0.02 ac.
Multi-Family
Last sold for $590,000
Amardeep GrewalAmardeep Grewal, last sold this property on 31 March 2020 after 122 days on market.

Overview

Introducing 2537 Cecil. New construction Duplex by Design Pro Development. Located in one of the hottest neighborhoods in Philadelphia Brewerytown!!! The building has 2 units. Live in one and rent the other out, or receive rental income from both units. Brewerytown is booming and the rental market here is strong. Unit A is a 1476 SF 3bd | 2ba Bi-level apartment with rear yard and pro forma rent of 2,150/month. Unit B is a 1602 SF 3bd | 3ba Bi-level apartment with a skyline roof deck, pro forma rent of 2,350/month. Pro forma annual rent: $54,000, Pro forma CAP: 6.54 %. Both Unit's feature a flexible floor plan, 10 ft High ceilings, large windows and an open contemporary feel. Hardwood floors & recessed lighting. Both kitchens are home to shaker-style cabinetry, subway tile, granite countertops, stainless steel appliances. There is ample closet space and W/D hook ups in both units. In a great location for commuters, it takes just minutes to get to Center City or University City. There are several Septa routes nearby, and all major highways are easily accessible. Only steps away from the developing Girard Avenue, including Crime and Punishment Brewery, Green Eggs Cafe, Monkey and the Elephant, and Aldi. Easy access to Fairmount Park, the Art Museum, Whole Foods, 30th Street Station, Boathouse Row, Kelly Drive and I-76. Approved 10-year tax abatement and 1 yr Builder Warranty. Property is located in the Qualified Opportunity Zone!!!

Features

0.02 ac. lot size
Multi-Family

Estimated Value

We need at least 3 similar multi families sold in Philadelphia over the last 12 months.

Property history for 2537 Cecil B Moore Avenue

2020
Sold
$590,000
31 Mar 2020 by Amardeep Grewal, of Keller Williams Philadelphia

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