7 months on rocket

1702 Cecil B Moore Ave, Philadelphia, PA, 19121

$699,900

Home List Price

$8,311*

Closing Credit

0 Baths
5,400 SqFt
$130/SqFt
Multi

Location

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1702 Cecil B Moore Ave, Philadelphia$699,900

Buyer Closing Credits

$8,311*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingOn Street
Year Built2017
HeatingCentral, Heat Pump
CoolingCentral Air
MLS #PAPH2343696
Lot Size0.03 Acres
StatusActive
(ACTIVE)

About 1702 Cecil B Moore Ave

Welcome to an exceptional investment opportunity in close proximity to Temple University campus! This four-story commercial/multi-family property presents an ideal prospect for investors, particularly those interested in student housing. Situated on an 18 x 80 lot, this property boasts a versatile layout designed to maximize its earning potential. The first floor features a spacious commercial space with flexible usage options, making it suitable for offices, retail stores, non-profit organizations, and more. This prime location ensures high visibility and foot traffic, enhancing the appeal for various business ventures. ****This property can be a package purchase with 1704 Cecil B. Moore, the attached building for $1,400,000 for further investment opportunity.**** Above the commercial space are three units, each comprising five bedrooms and three full bathrooms. With ample living space and modern amenities, these units are perfectly tailored to meet the housing needs of Temple University students. Whether utilized as long-term rentals or short-term accommodations, these units offer lucrative income potential. Furthermore, the property benefits from a remaining tax abatement, providing valuable savings for the discerning investor. This advantageous financial incentive adds to the appeal of this investment opportunity, allowing for increased profitability over time. Don't miss out on the chance to capitalize on this prime investment near Temple University. Whether you're a seasoned investor or new to the market, seize this opportunity to secure a profitable asset in one of Philadelphia's most sought-after locations. Schedule a viewing today and take the first step towards realizing your investment goals!

Property Details

Property Features

Property Information:

  • Architectural Style: Split Level, Straight Thru
  • Year Built: 2017
  • Living Area: 5,400 SqFt

Listing Office:

  • Office Name: RE/MAX Keystone
  • Office Phone: (215) 885-8900
  • Listing Agent: Kurt C Werner

Exterior Features

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.03 Acres

Utilities

Utilities Information:

  • Heating: Central, Heat Pump
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Between 16th and 17th Streets

Municipality:

  • Philadelphia

Price Information

Listing Price Info

Price Summary:

  • List Price: $699,900
  • Price Per SqFt: $130/SqFt

Tax Information:

  • Annual Amount: $1,512
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Philadelphia, PA.

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Philadelphia, PA

City

Med. Sold Price

$261.8K

Med. Price/SqFt

$199

Avg. Days On Market

44

# of Sold Homes

1056

1702 Cecil B Moore Ave vs Philadelphia

219 DAYS ON ROCKET

+175 Days

$699,900

+$438K More

$130/SqFt

-$69 Less

KEY TAKEAWAY

This property is $438K more than the Median Sold Price and $69/SqFt less than other homes in Philadelphia, PA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #PAPH2343696

Listing Office:

  • Office Name: RE/MAX Keystone
  • Office Phone: (215) 885-8900
  • Listing Agent: Kurt C Werner

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/22/2024, 4:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 15, 2013Home Sold
$175,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,512 -
2019$517$37,000
2018$302$21,600
2017$302$21,600

History based on county public records data.

Payment Calculator

$3,561

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,165

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-522765
2
/10

  • Kipp North Philadelphia Charter School

  • 2539 N 16th St

  • 0.91 miles

  • Public Charter Grades KG-6

school-card-donut-522766
1
/10

  • Richard R. Wright Elementary School

  • 2700 W Dauphin St

  • 1.09 miles

  • Public District Grades KG-5

school-card-donut-522767
3
/10

  • Mastery Charter School at Clymer

  • 1201 W Rush St

  • 1.31 miles

  • Public Charter Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $11,406. The majority of Philadelphia, PA residents have income less than $35k annually. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Pennsylvania›Philadelphia County›Philadelphia›19121›1702 Cecil B Moore Ave

This home is located at 1702 Cecil B Moore Ave in Philadelphia, PA and zip code 19121 in the Lower North Philadelphia neighborhood. This 5,400 square foot home, which was built in 2017, sits on a 0.03 acre lot. It has been listed on Rocket Homes since April 16, 2024 and is currently priced at $699,900.

In October 2024 more than 252 listings in Philadelphia, PA were sold above the asking price. During the same period more than 237 listings were sold at asking price, while more than 567 were sold below. The inventory of homes for sale in Philadelphia, PA between September 2024 and October 2024 increased by 9.8%. The median list price of listings available in October 2024 was $261,807, while the average time on the real estate market was 44 days.

From Rocket Homes Real Estate and based on county public records data.

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