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2531 W Girard AVENUE, Philadelphia, PA 19130 (MLS # PAPH824282)

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PRICE $399,999
BEDS n/a
BATHS 0 baths
HOME SIZE 4,211 sq ft
LOT SIZE 1,626 sqft

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.

DAYS ON MARKET 8 LAST UPDATED 8/13/2019
YEAR BUILT 1915 COUNTY Philadelphia
STATUS Active PROPERTY TYPE(S) Multi-Family, Residential Income / Row/Townhouse

SCHOOLS
School District The School District Of Philadelphia


ADDITIONAL DETAILS
ACCESSIBILITY FEATURES Other
ARCHITECTURAL STYLE Contemporary
AUTOMATICALLY UPDATE TAX VALUES Y/N Y
BASEMENT TYPE Unfinished
BASEMENT YN Y
CENTRAL AIR YN N
CITY/TOWN TAX 1528.00
CITY/TOWN TAX PYMNT FREQ Annually
CONSTRUCTION MATERIALS Masonry
COOLING FUEL None
COOLING TYPE None
COUNTY TAX 0.00
COUNTY TAX PYMNT FREQ Annually
FIREPLACES COUNT 0
HEATING FUEL None
HEATING TYPE None
HOT WATER None
LAND USE CODE Y50
LISTAGENTSTATELICENSENUMBER Lic# RS316262 - PA
LISTING AGREEMENT TYPE Exclusive Right
LISTING SERVICE TYPE Full Service
LIVING AREA SQFT SOURCE Estimated
LOT SIZE DIMENSIONS 15.88 x 102.37
LOT SIZE SOURCE Estimated
LOT SIZE UNITS Square Feet
NAVIGABLE WATER YN N
ONE BEDROOM UNITS COUNT 2
OWNERSHIP INTEREST Fee Simple
PHOTO OPTION Lister Will Upload All
POOL No Pool
POSSESSION 0-30 Days CD
PRICE PER SQFT 94.99
PROPERTY SUB TYPE Other
PROPERTY TYPE Multi-Family
RIPARIAN RIGHTS YN N
SCHOOLDISTRICTSOURCE Listing Agent
SEWER SEPTIC Public Sewer
SINGLE ROOM UNITS COUNT 0
STANDARD STATUS Active
STRUCTURE TYPE Row/Townhouse
SUB SYSTEM LOCALE BRIGHT_MAIN
TAX ANNUAL AMOUNT 3386.0
TAX ASSESSED VALUE 241900.0
TAX LOT 292
TAX TOTAL FINISHED SQFT 2681
TAX YEAR 2019
THREE BEDROOM UNITS COUNT 0
TIDAL WATER YN N
TOTAL SQFT SOURCE Estimated
TOTAL TAXES PYMNT FREQ Annually
TWO BEDROOM UNITS COUNT 2
TYPE OF PARKING None
VACATION RENTAL YN N
WATER ACCESS YN N
WATER ORIENTED YN N
WATER SOURCE Public
WATER VIEW YN N
WATERFRONT YN N
YEAR ASSESSED 2019
YEAR BUILT SOURCE Public Records
ZONING CMX2.5

ZESTIMATE
$397305  2531 W Girard AVENUE, Philadelphia, PA

RENT ZESTIMATE
$1500 / mo.  2531 W Girard AVENUE, Philadelphia, PA

90 Very Walkable



 
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Information is deemed reliable but not guaranteed.
Copyright © 2019 Bright MLS, Inc.
Last Updated: 8/20/19 7:33 PM PDT