329 West Girard Avenue
329 West Girard Avenue
$995,000
—
3,576
3,576
$278
Description
Price reduction! Invest in the heart of Northern Liberties & Fishtown with this exceptional real estate opportunity! Currently, all residential units are rented at $2,200 / $2,220 a month significantly below the prevailing market rates, offering turnkey stability with an upside with under market rents. Unit 2 renewed their lease for $2,350 until May of 2025, with Unit 3 being significantly under-market as a long-term Tenant and lease expiring in August 2024. This meticulously maintained mixed-use...Price reduction! Invest in the heart of Northern Liberties & Fishtown with this exceptional real estate opportunity! Currently, all residential units are rented at $2,200 / $2,220 a month significantly below the prevailing market rates, offering turnkey stability with an upside with under market rents. Unit 2 renewed their lease for $2,350 until May of 2025, with Unit 3 being significantly under-market as a long-term Tenant and lease expiring in August 2024. This meticulously maintained mixed-use property boasts a prime location, offering substantial potential for increased income, and is easy to rent. The significant completed repairs include a new sewer line, basement water proofing with new sub-pump, and new rubber roofing. The ground floor features a bi-level commercial retail space housing a busy hair salon. Tenant is currently paying $3,990 monthly with annual rental increases of 4% for the next two years and has a three-year extension option. The Commercial Tenant is responsible for Snow/Ice Removal in front of the building. Above the retail space, the second floor presents a welcoming residential unit with two bedrooms and one bathroom with a private balcony. Ascending to the third floor, you’ll find another residential unit, that resides a long term tenant also with two bedrooms and one bathroom. This unit distinguishes itself with a spacious roof- deck and an additional balcony that grants breathtaking views of Center City. Throughout all units, the property showcases hardwood floors and elegant picture frame molding with open concept kitchens including stainless steel appliances, granite countertops, and custom-tiled kitchen backsplashes and bathrooms. Each unit also features in-unit washer/dryer and a central monitoring alarm system. This Turn-Key Property is characterized by its ease of maintenance, beautiful unit layouts, and excellent location making it an attractive proposition for both long-term investors and owner-occupants. Additionally, the location grants easy access to major thoroughfares such as I-95 and 676.
- Listed by ERIC Andrew Dvotsky • BHHS Fox & Roach-Center City WalnutP: 2672434652 edvotsky@gmail.com
- Listed by Jason L Rabinovich • BHHS Fox & Roach-Center City WalnutP: 4848166130 jason@phillyhomeadvisors.com
Property Details for 329 West Girard Avenue
Tax ID Number
871290050
OwnershipFee Simple
Structure TypeInterior Row/Townhouse
StyleContemporary, Other
WaterfrontNo
GarageNo
MunicipalityPHILADELPHIA
Central AirYes
Location
LISTING UPDATED: 04/23/2024 04:12 PM
Property Details for 329 West Girard Avenue
Status | Active |
---|---|
MLS # | PAPH2293930 |
Days on Market | 181 |
Taxes | $11,941 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family / Fee Simple |
Year Built | 1875 |
Lot Size | 0.03 AC / 1,300 SF |
County | Philadelphia County |
Location
Building Information for 329 West Girard Avenue
Stories-Residences3Year Built1875Building Size-Lot Size0.03 AC / 1,300 SF
Payment Calculator
$6,425 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 329 West Girard Avenue
Property History for 329 West Girard Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 329 West Girard Avenue
Taxable ValueLand$170,600Additions$682,500Total$853,100
Tax Record2023$11,942 ($995 / month)
Home Facts
Total Finished SqFt3,576 SqFtAbove Grade Finished SqFt3,576 SqFtStories3Lot Size1,300 SqFtStyleOffice BuildingYear Built1875ZoningCMX2CountyPHILADELPHIAAPN87-1-2900-50
Schools near 329 West Girard Avenue
This home is within Philadelphia City School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 12 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Moffet John School PublicK to 5 | ||
Penn Treaty Middle School Public6 to 12 | ||
Bodine William W High School Public9 to 12 | ||
The U School: Innovative Lab Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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