About 2308 Cecil B Moore Ave
Buildings can be sold in a package!!! Excellent investment opportunity with neighboring property 2310 Cecil B. Moore also for sale. This mixed-use building features four total units: a recently renovated first-floor commercial space with central A/C and basement (formerly a laundromat) , and three one-bedroom apartments, with the last vacant unit expected to be rented by September, easy to show before then. An interested party is currently in talks to lease the commercial space. Most residential units have been updated and are currently rented below market; with HVAC added, each unit could command $1,000+ in rent. With low taxes, low insurance, and landlord-paid water, tax and insurance only, low maintenance. The building offers strong cash flow potential. At full occupancy, the projected cap rate exceeds 10%. Rent roll available upon request.
Features of 2308 Cecil B Moore Ave
| MLS® # | PAPH2521904 |
|---|---|
| Price | $450,000 |
| Bathrooms | 0.00 |
| Square Footage | 3,012 |
| Acres | 0.03 |
| Year Built | 1920 |
| Type | Multi-Family |
| Sub-Type | Quad, Interior Row/Townhouse |
| Style | Straight Thru |
| Status | Active |
Community Information
| Address | 2308 Cecil B Moore Ave |
|---|---|
| Area | 19121 |
| Subdivision | SHARSWOOD |
| City | PHILADELPHIA |
| County | PHILADELPHIA-PA |
| State | PA |
| Municipality | PHILADELPHIA |
| Zip Code | 19121 |
Amenities
| Is Waterfront | No |
|---|
Interior
| Heating | Baseboard - Electric |
|---|---|
| Cooling | Window Unit(s) |
| Has Basement | Yes |
| Basement | Connecting Stairway |
| Fireplace | No |
| # of Stories | 3 |
Exterior
| Foundation | Block |
|---|
School Information
| District | PHILADELPHIA CITY |
|---|
Additional Information
| Date Listed | August 1st, 2025 |
|---|---|
| Days on Market | 87 |
| Zoning | CMX2 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | BHHS Fox & Roach Wayne-Devon |
|---|---|
| Contact Info | 6106512700 |