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300-302 Cecil B Moore Avenue, Philadelphia, PA 19122
$331,000
300-302 Cecil B Moore Avenue, Philadelphia, PA 19122View this property at 300-302 Cecil B Moore Avenue, Philadelphia, PA 19122
300-302 Cecil B Moore AvenuePhiladelphiaPA19122
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Property Description
The price includes 2 parcels, a vacant lot and a 3-unit corner building with an extra wide garage facing 3rd St. According to public records, the vacant lot size is 14.41' x 50'. According to public records the footprint of the building is 18' x 50'. The potential future use of this combination could possibly be multi-units with multiple off street parking. Currently, it's an incredible cash flow opportunity for owner occupant or investor. If you consider the lot a minimum of $50K value and the building a $275K price, the cap rate for the building becomes 10.47. This triplex is located on rapidly developing block with multiple new construction developments surrounding it and price ranges pushing $425,000. The area is dotted with restaurants, coffee shops, great bars and attractions. It's sandwiched between Northern Liberties and Fishtown, very walkable and surrounded by public transit options. All 3 units are bright, cheerful and spacious. Each is self-contained with separate utilities. The large 1st fl unit has access to the side yard through double French doors and access to the basement. Prior to residential use the 1st floor was a laundry mat so there is a hot water tank that is no longer in use. The 2nd floor is currently configured as a 2 bedroom unit. The 3rd floor was laid out similarly but has been reconfigured into a large 1 bedroom unit. The laundry for the building is accessible to all units by a shared entrance way. There is a coin operated washer and a free dryer. 24 hour notice is mandatory for showings. Showings are limited to Wednesday-Saturday 10am-6:30pm. The latest arrival time is 5:30pm.
Full Property Details
Full Property Details for 300-302 Cecil B Moore Ave
General
- Sold For: $331,000
- Taxes: $1,758 (2017)
- Status: Closed
- Type: Triplex
- MLS ID: 1000428641
- Added to Site: 2, 558 day(s) ago
Business
- Includes: Land Only
Interior
- Flooring: Wood, Fully Carpeted, Vinyl
Rooms
Bedrooms
- Primary Bedroom: Unspecified
Other Rooms
- Laundry: Common
Parking
- Garage: Yes
- Garage Spaces: 2
Location
- Area: 19122 (19122)
- County: Philadelphia
- Development Name: Kensington
- Subdivision: Kensington
- Cross Streets: 3Rd
School Information
- School District: The School District Of Philadelphia
Heating & Cooling
- Cooling Type: None
- Heating Type: Gas, Electric
- Heating Fuel: Natural Gas, Electric
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Water/Sewer: 720
Structural Information
- Structure Type: Single Building
- Construction: Stucco
- Basement: Yes
- Basement Desc.: Full, Unfinished
- Storage: Basement
- Year Built: 1917
- Year Built Source: Estimated
Unit Information
- Other Units: Unit 1, Unit 2, Unit 3
Unit 1
- Unit Description: Unit 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 2
- Unit Description: Unit 2
- Total Bathrooms: 1
- Bedrooms: 2
Unit 3
- Unit Description: Unit 3
- Total Bathrooms: 1
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.02
- Lot Size (Sq. Ft.): 900
- Lot Dimensions: 18 x 50
- Zoning: RSA5
Financial Considerations
- Tax w/Assessment: $125,600
- Tax Amount: $1,758
- Tax Year: 2017
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 67
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Schools
Schools serving 300-302 Cecil B Moore Ave
School District:The School District Of Philadelphia
Rating | Name | Grades | Distance |
---|---|---|---|
127 W Oxford St, Philadelphia, PA 19122 | K-5 | 0.3 mi | |
600 E Thompson St, Philadelphia, PA 19125 | 6-12 | 0.8 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 300-302 Cecil B Moore Ave
Date
Details
Price
Change
Source
8/20/2017
Sold
$331,000
10.33%
MLS
5/10/2017
Listed
$300,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
300-302 Cecil B Moore Avenue, Philadelphia, PA 19122 (MLS# 1000428641) is a Triplex property that was sold at $331,000 on August 20, 2017. Want to learn more about 300-302 Cecil B Moore Avenue? Do you have questions about finding other Triplex real estate for sale in Olde Kensington? You can browse all Olde Kensington real estate or contact a Coldwell Banker agent to request more information.