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1937 Cecil B Moore
Philadelphia, PA 19121
Retail Property For Sale
Investment Highlights
- Fully occupied mixed-use property with one commercial and three residential units.
- Long-term leases in place for commercial and primary residential unit through 2026.
- Investment stability with DSCR of 1.27 and potential upside on month-to-month units.
- Strong income stream with $80,472 annual rent and 6.92% cap rate.
- Located near Temple University in a high-demand rental market.
Executive Summary
This fully occupied mixed-use property on Cecil B Moore Avenue presents a strong investment opportunity in a high-demand Philadelphia corridor. The building features one commercial unit and three residential units, generating an annual rental income of $80,472 with a 6.92% cap rate. The commercial space is leased through April 2026 at $1,350 per month, while the residential units include a 3-bedroom, 2-bath unit leased through August 2026 at $2,136 per month, and two additional 2-bedroom units currently on month-to-month terms at $1,625 and $1,595 per month.
Located in a vibrant area near Temple University, the property benefits from consistent rental demand and strong neighborhood amenities. With a DSCR of 1.27 and long-term leases in place for key units, this asset offers stable cash flow and upside potential through lease adjustments on the month-to-month units. Positioned in a growing market with excellent accessibility, this property is ideal for investors seeking a well-performing, income-producing asset in Philadelphia.
Located in a vibrant area near Temple University, the property benefits from consistent rental demand and strong neighborhood amenities. With a DSCR of 1.27 and long-term leases in place for key units, this asset offers stable cash flow and upside potential through lease adjustments on the month-to-month units. Positioned in a growing market with excellent accessibility, this property is ideal for investors seeking a well-performing, income-producing asset in Philadelphia.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
4,350 SF
Building Class
C
Year Built
1915
Price
$1,204,464 CAD
Price Per SF
$276.89 CAD
Cap Rate
6.92%
NOI
$83,330 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.00
Lot Size
0.05 AC
Zoning
CMX2
Amenities
- Air Conditioning
Property Taxes
| Parcel Number | 871220800 | Improvements Assessment | $367,968 CAD |
| Land Assessment | $91,992 CAD | Total Assessment | $459,960 CAD |
Property Taxes
Parcel Number
871220800
Land Assessment
$91,992 CAD
Improvements Assessment
$367,968 CAD
Total Assessment
$459,960 CAD
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