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$1,419,000 Just Listed
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Property Description
Premier Turnkey Investment Opportunity | Fully Stabilized 5-Unit Corner Asset | Condo Exit Strategy | Olde Kensington Exceptional opportunity to acquire a fully stabilized, income-producing 5-unit corner property in the heart of the rapidly appreciating Olde Kensington / Fishtown corridor. Currently generating $107,964 in annual rental income with all units leased, this asset delivers immediate cash flow with significant long-term upside in one of Philadelphia's strongest rental markets. The building was designed with modern, high-demand finishes that continue to attract strong tenant demand. Each residence features open-concept layouts, beautiful hardwood flooring, recessed lighting, oversized windows providing exceptional natural light, quartz countertops, stainless steel Frigidaire Gallery appliances, in-unit washer/dryers, and generous closet space. Select units offer private balconies, while tenants also enjoy access to a shared roof deck, creating desirable outdoor living space. Positioned on a prime corner lot, the property benefits from excellent exposure, strong curb appeal, and sun-filled interiors throughout the building. Located just minutes from Fishtown, Northern Liberties, and Center City, the property sits in one of the city's most vibrant neighborhoods surrounded by top restaurants, bars, coffee shops, retail, offices, and convenient public transit, making it an extremely desirable location for renters. Unique Investment Advantage The property is already legally established as five separate condominiums with individual tax ID numbers, offering investors a rare and valuable multiple-exit strategy. Buyers can continue operating the property as a high-performing multifamily investment or sell units individually in the future, unlocking potential additional value. Investment Highlights "¢ 5 Units - Fully Occupied "¢ $107,964 Annual Gross Rental Income "¢ Corner Property with Excellent Natural Light "¢ Modern Construction with High-End Finishes "¢ Quartz Countertops & Frigidaire Gallery Appliances "¢ In-Unit Washer & Dryer in Every Unit "¢ Private Balconies + Shared Roof Deck "¢ Separate Condo Tax IDs for Each Unit (Rare Exit Strategy) "¢ Prime Location Between Fishtown, Northern Liberties & Olde Kensington Turnkey multifamily opportunities with strong income, premium finishes, and condo flexibility in this location are increasingly rare. 320 Cecil B. Moore represents a compelling opportunity to acquire a stabilized asset with both immediate cash flow and long-term value creation potential in one of Philadelphia's most sought-after rental markets.
Full Property Details
Full Property Details for 320 Cecil B. Moore Ave
General
- Price: $1,419,000
- Taxes: $2,900 (2025)
- Status: Active
- Type: Apartment
- Source: BrightMLSPhilly
- MLS ID: PAPH2646584
- Updated: 7/10/2026
- Added to Site: 4 day(s) ago
Business
- Business Type: Apartment Building
Interior
- Flooring: Hardwood
Parking
- Parking Type: None
Location
- Area: 19122 (19122)
- Municipality: PHILADELPHIA
- County: PHILADELPHIA
- Subdivision: OLDE KENSINGTON
- Driving Directions: none
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Masonry, Other
- Foundation: Slab
- Building Size: 6000
- Year Built: 2018
- Year Built Source: Estimated
- Property Condition: Excellent
Unit Information
- # Tenants: Multiple
- Other Units: Unit 1, Unit 2, Unit 4, Unit 5, Unit 3
Lot Features
- Lot Size (Acres): 0.05
- Lot Size (Sq. Ft.): 2,181
- Lot Size Source: Estimated
- Lot Dimensions: 65.00 x 50.00
- Zoning: CMX2
Financial Considerations
- Price Per Sq. Ft.: $236.5
- Assessment Year: 2025
- School Tax: $350
- City/TownTax: $275
- City/TownTax Freq: Annually
- Tax w/Assessment: $44,700
- Tax Amount: $2,900
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 271
Listed by KW Empower, Kimberly Cassidy
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Schools
Schools serving 320 Cecil B. Moore Ave
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
Moffet John School 127 West Oxford Street, Philadelphia, PA 19122 | K-5 | 0.3 mi |
Penn Treaty Middle School 600 East Thompson Street, Philadelphia, PA 19125 | 9-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 320 Cecil B. Moore Ave
Date
Details
Price
Change
Source
7/10/2026
Listed
$1,419,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 320 Cecil B. Moore Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$626
—
$297,900
—
2024
$626
5%
$297,900
5%
2023
$596
5%
$283,800
100%
2021
$568
-5%
-100%
2023
$596
5%
$42,600
-84%
2020
$568
—
$270,300
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 320 Cecil B. Moore Ave
320 Cecil B Moore Avenue, Philadelphia, PA 19122 (MLS# PAPH2646584) is a Apartment property. 320 Cecil B Moore Avenue is currently listed for $1,419,000 and was received on July 10, 2026. Want to learn more about 320 Cecil B Moore Avenue? Do you have questions about finding other Apartment real estate for sale in Center City East? You can browse all Center City East real estate or contact a Coldwell Banker agent to request more information.

