2308 CECIL B MOORE AVE

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2308 CECIL B MOORE AVE

PHILADELPHIA, PA 19121-2927
Asking Price
$425K
Cap Rate
8.86%
Asset Type
Storefront Retail
Class
Class B

What's Special

QOZ | Below Market Rent | Low Property Tax <p></p><p>• Located within a Qualified Opportunity Zone (QOZ)</p><p>• Low Property Tax $3,000/Year</p><p>• All residential units are fully occupied</p><p>• Current apartment rents significantly below market at approximately $800–$850/month</p><p>• Strong value-add opportunity through cosmetic and modern interior upgrades</p><p>• Highly desirable and easy-to-lease 1BD/1BA unit layout</p><p>• Potential Section 8 voucher rents may reach approximately $1,200-1,325/unit (buyer to verify)</p><p>• Mixe

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NOI
$80,000
Cap Rate
18.82%
DSCR
3.17
Strong
Cash-on-Cash
42.96%
Monthly Payment
$2,102.668
Annual Cash Flow
$54,767.983

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