Philadelphia, PA 19121 2002 Cecil B Moore Avenue

$825,000

Sold: Oct 05, 2026
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Presented By: Jason Kleinman with SDG Management, LLC - 2672392424; [email protected]
  • MLS# PAPH2591594
  • 03/09/2026
  • Request Tour
  • Request Info
  • Beds • 4

Home Details

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.
Presented By: Jason Kleinman with SDG Management, LLC - 2672392424; [email protected]

General for 2002 Cecil B Moore Avenue

Acceptable FinancingCash, FHA, Conventional
AccessibilityNone
Architectural StyleTraditional
Buyer FinancingOther
CityPHILADELPHIA
Close Price820000.00
Construction MaterialsMasonry
Cool FuelElectric
CoolingCentral A/C
CountyPHILADELPHIA
DirectionsGPS
Garage Y/NNo
HeatingForced Air
Lease TypeYearly
Living Area6083
Lot Size Square Feet1596.00
Lot Size UnitsSquare Feet
MLS Area19121 (19121)
MunicipalityPHILADELPHIA
Net Operating Income64431.00
New ConstructionNo
Number Of Units Total4
Number of Units Leased4
NumberOfUnitsVacant
One Bedroom Units Count2
Other StructuresAbove Grade, Below Grade
Other UnitsUnit 1, Unit 2, Unit 4, Unit 3
OwnershipFee Simple
PossessionImmediate, Negotiable
Price Per Sq Ft Total AG162.31
Property ConditionVery Good
Property SubtypeQuadruplex
Property TypeMulti-Family
School DistrictPHILADELPHIA CITY
SewerPublic Sewer
Single Room Units Count0
Standard StatusClosed
StatusCLOSED
Structure TypeInterior Row/Townhouse
Tax Annual Amount1946.63
Tax Assessed Value688400.0
Tax Year2026
Total SQFT6083
Two Bedroom1
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1915
Year Built SourceAssessor
ZoningRM-1

Interior for 2002 Cecil B Moore Avenue

Central Air Y/NYes
Fireplace Y/NNo
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterElectric
LivingAreaSourceEstimated
Three Bedroom Units Count0

Exterior for 2002 Cecil B Moore Avenue

Foundation DetailsBrick/Mortar, Concrete Perimeter
Land Assessed Value137680.00
Lot Dimensions19.00 x 84.00
Lot Size Acres0.04
Lot Size SourceEstimated
LotDimensionsSourceEstimated
Navigable Water Y/NNo
Parking FeaturesPublic
PoolNo Pool
Type of ParkingOn Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo

Additional Details

Price History

Devon Camilleri

Agent
Price $825,000
MLS#PAPH2591594
List Date 03/09/2026
Property Type Multi-Family
Phone (817) 550-2241
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