For Sale
$514,900
300 300-302 Cecil B Moore Ave, Philadelphia, PA 19122
Triplexes
Property Size2,250 SF
Price / SF$228.84
Days on Market61
Property Features for 300 300-302 Cecil B Moore Ave
General Information
Standard status
Active
Size
2,250 SF
Property subtype
Multi-Family
Building Details
Year Built
1915
Listing Agency:
Realty Mark Associates
Listed By:
Seth C Brodsky · License #RS314858
(215) 625-2811
Source:
Upgradebymichaud
Added: Aug 24
Changed: Oct 4
Last Checked: Oct 20 at 9:39PM
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 Realty Mark Associates
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Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,396
Cap Rate
7.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$767,920
$767.9K
Cap Rate 7%
$548,514
$548.5K
Cap Rate 9%
$426,622
$426.6K
Market Conditions
NOI Build-Up for 2,250 SF
Gross rent
$58.1K $25.80/SF
− Vacancy
−$3.2K −$1.42/SF
EGI
$54.9K $24.38/SF
− OpEx
−$16.5K −$7.31/SF
NOI
$38.4K $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%
$767,920
Cap Rate 7%
$548,514
Cap Rate 9%
$426,622
Alternative Uses
Best Use
Multifamily LT 5
$548.5K
$480.0K – $639.9K
NOI $38,396 @ 7.0% cap · market cap 7.46%
Second Best
Apartment 5plus
$505.6K
$442.4K – $589.9K
NOI $35,391 @ 7.0% cap · market cap 6.87%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Location Intelligence
Trade Area within ½ mile
3,043
Businesses Nearby
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Business Placement
Demographics for 19122, PA
26,668
Population
10,139
Households
2.6
Avg Household Size
28
Median Age
42%
College-Educated
86%
High-School Grad
1.3 sq mi
ZIP Area
20,514
Density / Sq Mi
$57,785
Median Household Income
$31,871
Median Earnings
$1,294
Median Rent
$341,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
Where is this triplex located?
The property is located at 300 300-302 Cecil B Moore Ave Philadelphia, PA.
What is the asking price?
The asking price for this property is $514,900.
