Sold
251 E Girard Ave
Philadelphia PA, 19125
$2,230,000
$289.57 per sqft
Sold
7,701 sqft
Commercial
Built in 1919
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.
PAPH822208
MLSⓇ ID
March 15, 2024
Updated
Map
251 E Girard Ave
Philadelphia PA, 19125
Interior Features
Total Stories
3
Interior Features
Wood
Floor Description
Wood
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Forced Air, Electric
Exterior/Building Features
Lot Size
0.08 Acres
Lot Features
Irregular Lot, Corner Lot
Other Property Details
Area Name
PHILADELPHIA
Taxes
$3,376
Tax Frequency
Annually
Days on Market
65
Garage
No
View
No
County
PHILADELPHIA
Water Source
Public
Pool
No
Zoning
Mixed
Buyer Agency Compensation
2.5%
Listed by Brooke L Willmes, Mary Hogan with Space & Company
Listing Contact: 2679805858
The IDX display contains information sourced from the Bright MLS, Inc. as of 3/15/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
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Data last updated on 3/15/2024 at 10:08 PM UTC
