Three-Unit Triplex with Updated
For Sale
$375,000
2822 CECIL B MOORE AVENUE, Philadelphia, PA 19121
The residence mix comprises two two-bedroom units and one three-bedroom unit.
Property Size1,950 SF
Days on Market13
Property Features for 2822 CECIL B MOORE AVENUE
General Information
Standard status
Active
Size
1,950 SF
Property subtype
Triplex
Units
Unit Mix
2 x 2BR, 1 x 3BR
Multifamily Units
3
Additional Details
Sprinkler System
Yes
Taxes and HOA fees
Annual Taxes
$5,691
Building Details
Building Size
1,950 SF
Year Built
1915
Buildings
1
Listing Agency:
BHHS Fox & Roach-Center City Walnut
Listed By:
George E Maynes · License #AB067539
(215) 317-3007
Source:
Lizclarkrealestate
Added: Sep 27
Changed: Oct 8
Last Checked: Oct 7 at 4:22PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of BHHS Fox & Roach-Center City Walnut
Investment Insights
Based on property information with market context.
Built in 1915, this triplex contains two two-bedroom residences and one three-bedroom residence. Building features include a sprinkler system and lead-safe certification. The roof, sewer line, and major building systems have been upgraded.
The property is on Cecil B. Moore Avenue in Philadelphia, close to retail along Girard Avenue. The Philadelphia Art Museum, Kelly Drive, Boathouse Row, and Center City are also within walking distance.
The property is on Cecil B. Moore Avenue in Philadelphia, close to retail along Girard Avenue. The Philadelphia Art Museum, Kelly Drive, Boathouse Row, and Center City are also within walking distance.
Key Highlights
- Three residences: two 2‑bedroom units and one 3‑bedroom unit
- Sprinkler system and lead‑safe certification
- Upgraded roof, sewer line, and major building systems
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,277
Cap Rate
8.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$665,540
$665.5K
Cap Rate 7%
$475,386
$475.4K
Cap Rate 9%
$369,744
$369.7K
Market Conditions
NOI Build-Up for 1,950 SF
Gross rent
$50.3K $25.80/SF
− Vacancy
−$2.8K −$1.42/SF
EGI
$47.5K $24.38/SF
− OpEx
−$14.3K −$7.31/SF
NOI
$33.3K $17.06/SF
Area
Philadelphia, PA
Vacancy
5.51%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$665,540
Cap Rate 7%
$475,386
Cap Rate 9%
$369,744
Alternative Uses
Best Use
Multifamily LT 5
$475.4K
$416.0K – $554.6K
NOI $33,277 @ 7.0% cap · market cap 8.87%
Second Best
Apartment 5plus
$438.2K
$383.4K – $511.2K
NOI $30,673 @ 7.0% cap · market cap 8.18%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
3
Residential units
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
1,178
Businesses Nearby
Explore this area
Business Placement
Demographics for 19121, PA
41,799
Population
19,673
Households
2.1
Avg Household Size
28
Median Age
25%
College-Educated
84%
High-School Grad
2.4 sq mi
ZIP Area
17,416
Density / Sq Mi
$36,208
Median Household Income
$29,915
Median Earnings
$1,082
Median Rent
$250,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Triplex - The residence mix comprises two two-bedroom units and one three-bedroom unit.
Where is this triplex located?
The property is located at 2822 CECIL B MOORE AVENUE Philadelphia, PA.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Three residences: two 2‑bedroom units and one 3‑bedroom unit; Sprinkler system and lead‑safe certification; Upgraded roof, sewer line, and major building systems
