Sold

251 E Girard Ave

Philadelphia PA, 19125

$2,230,000


$289.57 per sqft

Sold

6 Beds

7,701 sqft

Residential

Built in 1900

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.

PAPH824258

MLS ID

March 15, 2024

Updated

Map

251 E Girard Ave
Philadelphia PA, 19125

Interior Features

Bedrooms

6


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Baseboard, Electric, Natural Gas

Exterior/Building Features

Lot Size

0.08 Acres


Architectual Style

Other


Sewer

Public Sewer

School Information

School District

THE SCHOOL DISTRICT OF PHILADELPHIA

Other Property Details

Area Name

PHILADELPHIA


Taxes

$3,376


Tax Frequency

Annually


Days on Market

65


Garage

No


Parking

On Street


View

No


County

PHILADELPHIA


Water Source

Public


Pool

No


Zoning

Mixed Use: Commercial on ground floor residential on top two floors


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.

©2024 Bright MLS, Inc. all rights reserved.

Data last updated on 3/15/2024 at 9:33 PM UTC

Powered byLuxury Presence