219 W Girard Ave, Philadelphia, PA 19123

$725,000

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List Price
$725,000
Days on Market
1
Status
ACTIVE
MLS#
PAPH2672252
Lot Size (Acres)
0.02
Year Built
1905
County
Philadelphia
School District
The School District Of Philadelphia

Property Description

Prime mixed-use investment opportunity in the heart of Northern Liberties, just steps from 2nd Street and the Girard Avenue commercial corridor. This fully occupied CMX-3 property generates $3,875 per month, or $46,500 in annual gross rental income. The street-level commercial unit is occupied by an established barbershop paying $1,650 per month through April 26, 2027 and includes a restroom, office and additional finished basement space. Above is a spacious two-bedroom, one-and-a-half-bath apartment leased for $2,225 per month through April 30, 2027. The residential unit features an open-concept layout, exposed brick, recessed lighting, updated flooring, a large kitchen with stainless-steel appliances, in-unit laundry and a private rear deck. Located in one of Philadelphia’s most active neighborhoods, surrounded by restaurants, retail, public transportation and continued development. An excellent opportunity to acquire a stabilized, income-producing mixed-use property with strong existing cash flow and future upside.

Additional Information

Area
19123 (19123)
Subdivision
Olde Kensington
Taxes
$2746
School District
The School District Of Philadelphia
Heating
Forced Air
Heating Fuel
Natural Gas
Cooling
Central A/C
Water
Public
Sewer
Private Sewer
Basement
Yes

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Calculator source: Real Geeks

Listing courtesy of KW Empower. Contact: irene@kwempower.com