School District: The School District Of Philadelphia
Address: 2601 CECIL B MOORE AVE
Here we have a income producing Quadplex with Commercial storefront in the up and coming Brewerytown section of Philadelphia. The property includes a huge Commercial space with 3 rooms and a half bath, all 3 rooms have plumbing as well. Commercial space currently being used as a Barbershop and salon with storage in the 3rd room. Layout is as follows: Unit 1 (2 BD 1BA) Unit 2 (1BD 1BA) Unit 3 (1 BD 1BA) & Unit 4 (1BD 1 BA) with potential for another unit on 3rd floor which is currently being used as a separate living space for 3rd for tenant. All units are on there own separate gas, electric, and water meters. The property has a full unfinished basement, which can be used for storage. Property also has a beautiful view of Center City from the roof which has interior access from the 3rd floor.
Rent Roll Breakdown: Unit 1 One BR- $725/ Unit 2 One BR- $725/ Unit 3 Two BR- $825 Unit 4 One BR- $625/ Commercial Unit- Owner Use- $2000 (Owner currently runs a business out of the 1st floor commercial , therefore rent for the commercial unit is based on market value rent in the area $2000)
Total $4900 a month/ $58,000 Annually
Units are fully occupied with month to month tenants. Owners are motivated and ready to get a deal done
Courtesy of: Keller Williams Philadelphia Listing information provided courtesy of the Bright MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 30th July, 2021 8:52 PM