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Listing 9 out of 7,605
$399,999 New For Sale

2531 W Girard Avenue
Philadelphia, PA 19130

Multi Family Home
1742 sq ft lot - MLS# PAPH824282
Property Photo
1/5

Description

5 unit mixed use redevelopment on Girard AVE in booming Brewerytown submarket of Philadelphia, Pennsylvania. Four residential units plus ground floor commercial space ideal for retail or restaurant. Comparable leases signed on same street in low to mid 20 PSF range. Thriving retail corridor surrounded by new development in every direction. Easy access into downtown Philly. Strong rent growth and appreciation forecast for years to come in this surging submarket. Property will qualify for Philadelphia's 10yr tax abatement upon completion. ARV (after renovation value) over 1.2 million or 6 per cent cap rate. Appraisal can be furnished along with by right architectural plans with accepted offer. Building in shell condition. Proposed redevelopment includes overbuild concept for 4th floor addition. Two 2bd apartments and two 1bd apartments.

Features

  • Property Type: Multi Family Home
  • Sub Type: Row/Townhouse
  • Listing Status: Active
  • County/Area: Philadelphia County
  • Zip Code: 19130
  • Year Built: 1915
  • Subdivision/Neighborhood: Brewerytown
  • School District: The School District Of Philadelphia
  • Sq.Ft.: 4,211 sq ft
  • Style: Contemporary
  • Basement: Yes, Unfinished
  • Lot Size: 1742 sq ft lot
  • Zoning: CMX2.5
  • Above Grade Fin SQFT: 4,211
  • Above Grade Fin SQFT Source: Estimated
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Fin SQFT Source: Assessor
  • Below Grade Finished Area Units: Square Feet
  • Below Grade Unfin Area Units: Square Feet
  • Below Grade Unfin SQFT Source: Assessor
  • Building Units Total: 4
  • Construction Materials: Masonry
  • Directions: LOCATED ON GIRARD AVE BETWEEN 25TH-26TH
  • Gross Scheduled Income: 105000.00
  • Improvements: Above Grade, Below Grade
  • Land Use Code: Y50
  • Lot Dimensions: 15.88 x 102.37
  • Lot SQFT: 1,626
  • Lot Size Source: Estimated
  • Lot Size Units: Square Feet
  • One Bedroom Units Count: 2
  • Ownership Interest: Fee Simple
  • Photo Option: Lister Will Upload All
  • SchoolDistrictSource: Listing Agent
  • Sewer Septic: Public Sewer
  • Tax Annual Amount: 3386.0
  • Tax Total Finished SQFT: 2,681
  • Tax Year: 2019
  • Total Below Grade SQFT Source: Assessor
  • Total Finished SQFT: 4,211
  • Total Finished SQFT Source: Estimated
  • Total SQFT Source: Estimated
  • Two Bedroom Units Count: 2
  • Water Source: Public
  • Year Built Source: Public Records
Courtesy of Compass Pennsylvania, Llc

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Len DeFinis Jr. | 215-681-3259 | Contact Me
9622 Bustleton Ave Ste1 - Philadelphia, PA 19115
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