507-9 W Girard Ave, Philadelphia, PA, 19123

507-9 W Girard Ave, Philadelphia, PA, 19123 < >
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for sale
$1,550,000
Square Feet:3396
Lot Size:0.07 Acres
Year Built:1915
Status:Active Under Contract
MLS #:PAPH805928
Date Updated:
For information contact:
MGC Real Estate Group
215-928-0221
Get More Information
Go See This Property
Amazing turn-key investment opportunity located right off the busy commercial corridor of Girard Ave. This 8 unit building is fully occupied and tastefully rehabbed, currently bringing in $122,760 in gross annual rents. All of the residential units offer modern high-end finishes such as exposed brick, hardwood floors, stainless steel appliances, and much more. The unit breakdown is three 2 bedrooms 1 bathroom, four 1 bedroom 1 bath, & a 1,200 sq ft commercial unit. Rents are currently under market and can be increased. There are 2 coin-operated washers & 4 dryers located in the building which bring in additional income and are used by all the tenants from 507-517 W Girard Ave. The commercial tenant recently signed a new 5-year lease with an annual increase to bring the rent up to $2,000 on the 5th year. Contact listing agent for offering memorandum.
Interior Details
Building Total SQFT: 3396.00

Exterior Details
Lot Size Acres: 0.07Lot Size Dimensions: 36.90 x 85.00
Lot SQFT: 3137.00

Community Information
County: PHILADELPHIASubdivision Name: NORTHERN LIBERTIES
Zoning: CMX2

Property Information From MLS Data
Accessibility Features: NoneBusiness Type: Apartment Building, Other/General Retail
DOM: 73MLS Area: 19123 (19123)
New Construction YN: NProperty Sub Type: Five Or More Units
Year Built: 1915

Utilities
Cooling Type: Central A/CHeating Type: Forced Air
Sewer Septic: Public SewerWater Source: Public

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Monthly Payment for 507-9 W Girard Ave
This is an estimated monthly mortgage payment. Your actual financing will vary depending on your lender, local taxes, credit score and other factors.
Price:$1,550,000
Down Payment:
Loan Amount:$1,240,000
Loan Type:30 year fixed at %
Principal & Interest:
Property Taxes: (1.5%)
Homeowner's Insurance:
Total Payment:
Listing courtesy of Jason L Rabinovich, BHHS Fox & Roach-Center City Walnut

Information obtained from MDBMLS is current as of 8/21/2019 11:27 AM. Information provided by seller/other sources, not verified by broker. All interested persons should independently verify accuracy of all information. Information deemed reliable but not guaranteed. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.