Description
2812 Cecil B Moore Ave - Presents a Spectacular Investment Opportunity in the Brewerytown neighborhood Offered @ 6 % CAP!!! Few blocks off Fairmount Park. Massive BRAND NEW CORNER TRIPLEX with tons of natural Light, sits on a generous 16' x 72' parcel. FULLY OCCUPIED. Unit [ 1 ] is a 1,260 SF 3 BD | 3 BA with a spacious private backyard rented for $1,899 a month, Unit [ 2 ] is a 763 SF 2 BD| 1 BA rented for $1,149 a month, Unit [ 3 ] is a 1,440 SF 3BD | 3BA with private Skyline ROOF DECK. All three units have an open floorplan, modern interior finishes, fixtures and hardwood floors throughout. The gourmet kitchens offer stainless steel appliances, chrome fixtures, quartz countertops and ample storage space. All three units feature in-unit laundry and designer baths. Total Annual rent is $62,724 and NOI is $51,706. Walk to Fairmount Park, Boathouse Row, Art Museum, Green Eggs Cafe, Crime & Punishment Brew Co, all of Girard Ave destinations and attractions. Quick uber ride into downtown Philly and University City. 10 YEAR TAX ABATEMENT in place. This property is a perfect investment for any Established or New Investor!!! Great for 1031 EXCHANGE. Property is located in the Qualified Opportunity Zone!!! Seller can Provide an introduction to lender who will provide 75% LTV, 3.95% Rate for Qualified Investors!
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0BEDS
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0.03ACRES
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0BATHS
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01/2 BATHS
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3,520SQFT
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$239$/SQFT
Description
2812 Cecil B Moore Ave - Presents a Spectacular Investment Opportunity in the Brewerytown neighborhood Offered @ 6 % CAP!!! Few blocks off Fairmount Park. Massive BRAND NEW CORNER TRIPLEX with tons of natural Light, sits on a generous 16' x 72' parcel. FULLY OCCUPIED. Unit [ 1 ] is a 1,260 SF 3 BD | 3 BA with a spacious private backyard rented for $1,899 a month, Unit [ 2 ] is a 763 SF 2 BD| 1 BA rented for $1,149 a month, Unit [ 3 ] is a 1,440 SF 3BD | 3BA with private Skyline ROOF DECK. All three units have an open floorplan, modern interior finishes, fixtures and hardwood floors throughout. The gourmet kitchens offer stainless steel appliances, chrome fixtures, quartz countertops and ample storage space. All three units feature in-unit laundry and designer baths. Total Annual rent is $62,724 and NOI is $51,706. Walk to Fairmount Park, Boathouse Row, Art Museum, Green Eggs Cafe, Crime & Punishment Brew Co, all of Girard Ave destinations and attractions. Quick uber ride into downtown Philly and University City. 10 YEAR TAX ABATEMENT in place. This property is a perfect investment for any Established or New Investor!!! Great for 1031 EXCHANGE. Property is located in the Qualified Opportunity Zone!!! Seller can Provide an introduction to lender who will provide 75% LTV, 3.95% Rate for Qualified Investors!
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