$625,000

2535 Cecil B Moore Ave

PHILADELPHIA PA, 19121

Description

Introducing 2535 Cecil. New construction Duplex by Design Pro Development. Located in one of the hottest neighborhoods in Philadelphia Brewerytown!!! The building has 2 units. Live in one and rent the other out, or receive rental income from both units. Brewerytown is booming and the rental market here is strong. Unit A is a 1476 SF 3bd | 2ba Bi-level apartment with rear yard and pro forma rent of 2,150/month. Unit B is a 1602 SF 3bd | 3ba Bi-level apartment with a skyline roof deck, pro forma rent of 2,350/month. Pro forma annual rent: $54,000, Pro forma CAP: 6.54 %. Both Unit's feature a flexible floor plan, 10 ft High ceilings, large windows and an open contemporary feel. Hardwood floors & recessed lighting. Both kitchens are home to shaker-style cabinetry, subway tile, granite countertops, stainless steel appliances. There is ample closet space and W/D hook ups in both units. In a great location for commuters, it takes just minutes to get to Center City or University City. There are several Septa routes nearby, and all major highways are easily accessible. Only steps away from the developing Girard Avenue, including Crime and Punishment Brewery, Green Eggs Cafe, Monkey and the Elephant, and Aldi. Easy access to Fairmount Park, the Art Museum, Whole Foods, 30th Street Station, Boathouse Row, Kelly Drive and I-76. Approved 10-year tax abatement and 1 yr Builder Warranty. Late fall delivery. Pictures are of a similar project delivered by Design Pro Development. Property is located in the Qualified Opportunity Zone!!!

Details

MLS#PAPH830058
Sub-TypeResale
StatusActive
Year2019
Days On Site48

Features

SQ Feet3,078
Units2

Loading Form

Loading Form

Area Information

StatePA
CityPHILADELPHIA
Zip Code19121
Area19121 (19121)
Listing VS Median (in 19121)
Price:
$625,000
low | high
Med:
$150,000
100% of Average
SqFt:
3,078
low | high
Med:
0
100% of Average
$ / SqFt:
$203
low | high
Med:
$0
100% of Average
On Site:
48
low | high
Med:
149
32.214765100671% of Average
Listing Updated: 10/21/2019
MLS Number: PAPH830058
Listing Provided By:
Amardeep Billy Grewal  of  Keller Williams Philadelphia