Selea Andrews - Coachman Properties Logo
$825,000
 $4,429 est/mo Sourced by Back At You

2002 Cecil B Moore Ave,PHILADELPHIA, PA 19121

PHILADELPHIA, PA 19121

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Description

Fully Renovated 4-Unit Investment with Tax Abatement Welcome to 2002 Cecil B Moore Avenue, a fully occupied 4-unit apartment building just steps from the Liacouras Center and the Martin Luther King Recreation Center. The property was completely renovated in 2020, offering modern finishes and updated systems throughout. With 6 years remaining on the tax abatement, new ownership will benefit from reduced expenses and strong cashflow. The building produces an NOI of $62,115, translating to a 7.53% cap rate, along with a DSCR of 1.42 at 70% LTV, making this a strong candidate for financing and an attractive long-term hold. Whether you are an investor seeking a turn-key property with proven returns or an owner-occupant buyer looking for an opportunity that requires very little management and no renovations, 2002 Cecil B Moore Ave offers both stability and income in a prime location.

Details

MLS #PAPH2591594
Listing TypeFor Sale
Sub-TypeResale
StatusPending-bright
Year1915
Days On Site190
Listing Provided BySDG Management, LLC | Jason Kleinman

Features

SQ Feet6,083
Units4
ZoningRM-1
Acreage0.04

Interior

CoolingCentral A/C
Heating Yes / NoYes
HeatingForced Air

Exterior

Construction MaterialsMasonry
Foundation DetailsBrick/Mortar, Concrete Perimeter

Parking

Garage Yes / NoNo
Parking FeaturesPublic

Taxes

Tax Annual Amount1946.63

Area Information

StatePA
CountyPHILADELPHIA PA
CityPHILADELPHIA
Zip Code19121
Area19121 (19121)
School DistrictPHILADELPHIA CITY
Listing VS Median (in 19121)
Price:
$825,000
low | high
Med:
$202,500
100% of Average
sqft:
6,083
low | high
Med:
1,505
100% of Average
$ / sqft:
$136
low | high
Med:
$157
33.979715184843% of Average
On site:
190
low | high
Med:
119
100% of Average
Sourced by Back At You

Market Activity 19121

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Learn More About This Property

Selea Andrews

Selea Andrews

Coachmen Properties

MD-658063 & DC-SP200203575 (240) 481-2014seleawheredreamscomehome@gmail.com
StatePA
CountyPHILADELPHIA PA
CityPHILADELPHIA
Zip Code19121
Area19121 (19121)
School DistrictPHILADELPHIA CITY
Listing VS Median (in 19121)
Price:
$825,000
low | high
Med:
$202,500
100% of Average
sqft:
6,083
low | high
Med:
1,505
100% of Average
$ / sqft:
$136
low | high
Med:
$157
33.979715184843% of Average
On site:
190
low | high
Med:
119
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $618K - $1.31M
sqft: 4,500 - 7,500
Nearby Listings Property ImageNearby Listings Details
1704 N 18TH ST Property Photo 1
$850,000
1704 N 18th St
Philadelphia, PA 19121
Listing Updated: August 3, 2026 at 9:19:35 AM PDT

Selea Andrews - Coachman Properties