300-302 CECIL B MOORE AVENUE

Property Description

Major price improvement!! Amazing investment opportunity to own a cash flowing triplex, an extra wide 2 car garage AND an adjoining vacant lot to build on or use for additional amenity space. The triplex is located in a booming section of North Kensington w under market rents and potentially the ability for an owner occupant to acquire this property for as little as 3% down and 1% off the rate! The garage is currently not being used and can be quickly rented out for additional income. The area is super close to Fishtown, Frankford Ave corridor with their fantastic shops and restaurants. Not to mention directly across the street from a trendy café with public transportation abound. Each unit has its own utilities which are separately metered. The large first floor 1 bed 1 bath unit is currently vacant but was rented for $1135 and has access to the side door to the yard and the basement. The second floor which is a 2 bed 1 bath unit ($1235+utilties). The third floor also is a 2 bed 1 bath but is configured as a large 1 bed 1 bath ($930+utilities). This investment can immediately start producing cash with room for income increases. This investment has multiple revenue stream's and full of opportunity!