300-302 CECIL B MOORE Avenue, Philadelphia, PA 19122
MULTI_FAMILY - Other - PHILADELPHIA, PA
- Added:
- Mar 16, 2025
- Days on Market:
- 460
- Last Refresh:
- Jun 18 at 5:06 am
Property Features for 300-302 CECIL B MOORE Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Parking
- 2
- Parking features
- Garage - Attached
- Standard status
- Active
- Size
- 2,250 SF
- Lot size
- 0.02 Acres
Taxes and HOA fees
- Tax Annual Amount
- 6908
Utilities
- Heating system
- Hot Water(Heating)
- Cooling system
- Central Air, Window Unit(s)
Building Details
- Year built
- 1915
- Number of units
- 3
- Building materials
- Masonry
- Architectural style
- Other
Listing agent Seth C Brodsky License #RS314858 (215) 376-4444
Listing office Realty Mark Associates 2250 Terwood Drive, Southampton, PA (215) 376-4444
Listing date Mar 16, 2025
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Triplex built in 1915 with masonry construction and basement space
- Three units with separately metered utilities for each unit
- First‑floor unit: 1 bed/1 bath rented for $1,250
- Second‑floor unit: 2 bed/1 bath rented for $1,235 plus utilities
- Third‑floor unit: configured as a large 1 bed/1 bath rented for $930 plus utilities
- Attached 2‑car garage plus an adjoining vacant lot for building or additional amenity space
Overview
The property is located in North Kensington, with the remarks noting proximity to Fishtown and the Frankford Avenue corridor, and that public transportation is available nearby.
For investors or owner-occupants, the current rental setup provides immediate occupancy with separately metered utilities across all three units. The garage is currently not being used, offering the option to rent it for additional income. The adjoining vacant lot can also support expansion plans or additional amenity space, depending on how the property is operated.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $58.1k | $25.80 |
| − Vacancy | −$3.2k | −$1.42 |
| EGI | $54.9k | $24.38 |
| − OpEx | −$16.5k | −$7.31 |
| NOI | $38.4k | $17.06 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Delaware
- State
- Pennsylvania
- Longitude
- -75.14082
- Latitude
- 39.97637
