$2,690,000 251 E Girard Avenue Philadelphia, PA

MLS: PAPH824258   Type: Multi-Family   County: Philadelphia   City: Philadelphia   Area: 19125   Zip: 19125   # Rooms:

Mortgage $12,629 /mo



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Outstanding investment opportunity in the heart of Fishtown! 6 RENTAL UNITS, 1 ROW HOME AND 3000sq. ft. COMMERCIAL SPACE. Prime location at E. Girard and Marlborough. 251 E. Girard/1200-20 Marlborough (all one parcel and tax number now): commercial space on first level with 42' of commercial corridor frontage. Six rental units on 2nd and 3rd floors. All currently rented at 1100-1995/month. The building has been totally renovated within the last three years both inside and out combining Tax abatement approved and retroactive to 2016 and goes through 2026. The commercial space approximately (2100 sq. ft.)has been completely renovated over the last year and has all mechanicals in place. It is currently rented for $5500/mo triple net. The apartments are one and two bedroom, tile and hardwood floors, lots of light with laundry located in the common area that is the stair well. This is a highly desirable location for both commercial and residential development. 1204 Marlborough: second building in package is row home with separate tax ID, 1006 square feet with back patio area. Pro Forma is attached in documents.

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Price History

8/13/2019 Listed $2,690,000

Acceptable Financing Cash, Conventional
Accessibility None
Cool Fuel Electric
Exclusions All personal property in residential units and business contents with in commercial space
Garage Y/N N
Historic Y/N N
MLS Area 19125 (19125)
New Construction N
Numberofunitsvacant 0
One Bedroom Units Count 2
Ownership Fee Simple
Possession Immediate
Price Per Sq Ft 349.31
Property SubType Other
Property Type Multi-Family
Rent Control Y/N N
Single Room Units Count 0
Structure Type Over Storefront
Tax Year 2019
Total Units 4
Two Bedroom 2
Vacation Rental Y/N N
Zoning CMX2
Zoning Description Mixed Use: Commercial on ground floor residential on top two floors

Interior Features

Basement Poured Concrete
Basement Y/N Y
Central Air Y/N Y
Cooling Central A/C
Fireplace Y/N N
Furnished Units None
Heating Baseboard - Electric
Heating Fuel Electric, Natural Gas
Heating Y/N Y
Hot Water Natural Gas
Living Area 7701
Three Bedroom Units Count 2
Total Fireplaces 0
Total Rooms 6

Exterior Features

Architectural Style Other
Construction Materials Masonry
Exterior Features Sidewalks, Street Lights, Other
Inclusions All Appliances In Rental Units.
Lot Dimensions 85.00 x 49.35
Lot Size Acres 0.08
Lot Size Source Assessor
Lot Size Square Feet 3453.00
Navigable Water Y/N N
Other Structures Above Grade, Below Grade
Pool Y/N No Pool
Sewer Public Sewer
Spa N
Type of Parking On Street
Water Access Y/N N
Water Oriented Y/N N
Water Source Public
Water View Y/N N
Waterfront Y/N N

Property Schools

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Property vs Zip Code Avg (19125)

Price 2.69M Avg 749K

Acres 0.08 Avg 0.03

Visits 79 Avg 23

Days on Site 35 Avg 94

Walkscore® 92 Avg 92

Data Provided by Walkscore ® not using MLS data

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Listing Provided Courtesy Of: Space & Company

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Location & Address

Hannah Angert
2200 Walnut Street
Philadelphia, PA