Listing Courtesy of Compass Pennsylvania, LLC
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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.

Address: 2531 W GIRARD AVE
State: PA
City: Philadelphia
County: PHILADELPHIA
Zip Code: 19130
Neighborhood: Brewerytown
MLS#: PAPH824282
MLS Area:
Taxes: $3,386

Price History

Date Price Event Change MLS#:
8/13/2019 $399,999 List Price PAPH824282

Nearby Schools

Morris Robert School(K-8)
Celestial Christian Academy(K-7)
Hope Christian Academy(K-5)
Bache-Martin School(Preschool-8)
Kelley William D School(Preschool-8)
Girard College(1-12)3
St Francis Xavier School(Preschool-8)
Morris Robert School(K-8)
Celestial Christian Academy(K-7)
Camelot Academy(8-12)
Bache-Martin School(Preschool-8)
Kelley William D School(Preschool-8)
Girard College(1-12)3
St Francis Xavier School(Preschool-8)
Philadelphia Mennonite High School(9-12)4
Camelot Academy(8-12)
Excel Academy North(9-12)
Girard College(1-12)3

Interior Details

  • Appliances:
  • Features:
  • Furnished:
  • Floor Type:
  • Cooling:None
  • Heating:None
  • Fuel:None
  • Extras:Other
  • Other Rooms:

Exterior Details

  • Home Construction
  • Features:
  • Exposure:
  • Roof Type:
  • Garage Spaces:
  • Pool:No
  • Utilities:
  • Lot Description:
  • Lot Size:15.88 x 102.37
  • Sewer:Public Sewer

Community Details

Rental Information

  • Rental Income:$0
  • Rental Number:0
  • Directions:LOCATED ON GIRARD AVE BETWEEN 25TH-26TH

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Property Information Last Updated: 12/19/2018 4:17:56 PM
Listing Courtesy of Compass Pennsylvania, LLC


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