251 E GIRARD AVE, PHILADELPHIA, PA 19125 (MLS # PAPH824258)

Price $2,690,000
Status Active
Beds 0
Baths 0 Bath
Home size 7,701 sqft
Lot Size 3,485 sqft
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.
Property Type(s): Multi Family
Last Updated 8/13/2019 Year Built 1900
County PHILADELPHIA

SCHOOLS

School District THE SCHOOL DISTRICT OF PHILADELPHIA

Additional Details

AIR Central A/C
AIR CONDITIONING Yes
BASEMENT Poured Concrete, Yes
CONSTRUCTION Masonry
EXTERIOR Other, Sidewalks, Street Lights
HEAT Baseboard - Electric
HOA DUES None
LOT 3485 sq ft
LOT DIMENSIONS 85.00 x 49.35
SEWER Public Sewer
STYLE Other
TAXES 0.0
WATER Public
ZONING CMX2

Location

 

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