2812 Cecil B Moore Ave, PHILADELPHIA, PA

About 2812 Cecil B Moore Ave

Live Smart. Invest Smarter. Welcome to 2812 Cecil B. Moore Avenue — a newer-construction triplex offering an outstanding opportunity for both investors and owner-occupants in Philadelphia. With over 3 years of tax abatement left, this is Built in 2021 and with approximately 3.5 years remaining on the tax abatement, this three-unit property offers modern construction, strong rental potential, and the flexibility to add a quality multifamily asset to your portfolio or live in one unit while generating income from the other two. The first-floor unit is currently rented for $1,760/month and the second-floor unit is rented for $1,385/month, providing $3,145 in existing monthly rental income. The third-floor unit is currently vacant and was previously rented for $2,040/month, bringing the property's potential gross rental income to approximately $5,185 per month, or $62,220 annually. The vacant upper unit creates an especially attractive opportunity for an owner-occupant looking to take advantage of multifamily living while receiving rental income from the two occupied units. Priced aggressively at $650,000, this is an opportunity to purchase a newer triplex at a compelling price point in a growing Philadelphia neighborhood. Whether you're looking to expand your investment portfolio or explore an owner-occupied multifamily strategy, 2812 Cecil B. Moore Avenue deserves a look. Schedule your showing and see the potential for yourself!