Price only for 1 Building. Seller retiring!!!! Excellent investment opportunity with neighboring property 2308 Cecil B. Moore also for sale. This mixed-use building includes four total units: a leased commercial space currently occupied by a restaurant (Fried Chicken and Halal Food) and three one-bedroom apartments. The remaining vacant unit is… Read More available for easy showing. Most residential units have been updated and are currently rented below market; with HVAC added, each could potentially rent for $1,000+ per month. With low taxes, low insurance, and landlord responsibility limited to water, property tax, and insurance, low maintenance. The building offers strong cash flow potential. At full occupancy, the projected cap rate exceeds 10%. Rent roll available upon request. Read Less
Courtesy of Alina Xie, BHHS Fox & Roach Wayne-Devon [email protected]
Listing Snapshot
Days Online
56
Last Updated
Property Type
Townhouse
Square Ft.
3,012
Lot Size
0.03 Acres
Year Built
1920
MLS Number
PAPH2521864
Additional Details
Basement
Connecting Stairway
Building
3,012 sqft living area, Built in 1920, Major renovation in 2020, Structure Type: Interior Row/Townhouse, 4 units in building, 3 levels in building, Straight Thru, Masonry
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