For Sale
$1,650,000

2036-40 Cecil B. Moore AvePhiladelphia, PA 19121

Historic 5-unit building, high potential

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity presents a historic 5-unit apartment building situated on a 14,000 square foot lot at 2036-40 Cecil B. Moore Ave in Philadelphia, PA 19121. The property, built in 1912, boasts 6,000 square feet and is offered at $1,650,000 ($275/sq ft). Zoned RM-1, this fee simple ownership includes a rectangular corner lot with frontage of approximately 100 feet along Cecil B. Moore Avenue and 140 feet along N 21st Street. The building features beautiful architectural details including stonework, large archways, and detailed stained glass, presenting significant potential for adaptive reuse. The property's location offers unparalleled convenience, situated blocks from Temple University, a YMCA, and a revitalized park. Its proximity to public transportation, including the Broad Street Line (0.5 miles to Center City), and major thoroughfares like Broad Street ensures high accessibility. The substantial lot size offers additional development potential, such as adding parking or expanding the existing structure. This property represents a rare chance to acquire a landmark building in a rapidly developing area with significant upside potential. The APN is 772093000. The 0.32-acre lot provides ample space for future expansion or development. This is an "as is" sale.

Highlights

  • $1,650,000 asking price for this five-unit apartment building.
  • 6,000 square feet, priced at $275 per square foot.
  • Five-unit multifamily property built in 1912.
  • Located in Philadelphia, PA, at 2036-40 Cecil B. Moore Ave, with a 0.32-acre lot.
  • RM-1 zoning.

Property Details for 2036-40 Cecil B. Moore Ave

Property type
Apartment buildings
Square Feet
6,000 SF
Year Built
1912
Lot Size (sq. ft)
13,939 SF
Units
5

Location Insight

City
Philadelphia
County
Philadelphia
State
Pennsylvania
Latitude
39.979854
Longitude
-75.169088
2036-40 Cecil B. Moore Ave, Philadelphia, Pennsylvania

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2036-40 Cecil B. Moore Ave
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