329 West Girard Avenue

Philadelphia, PA 19122

$995,000
Price
Beds
3,576 Sq. Ft.
$278 / Sq. Ft.
3,576
Sq. Ft.
$278
per Sq. Ft.

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.
  1. Listed by ERIC Andrew Dvotsky • BHHS Fox & Roach-Center City Walnut
    P: 2672434652 edvotsky@gmail.com
  2. Listed by Jason L Rabinovich • BHHS Fox & Roach-Center City Walnut
    P: 4848166130 jason@phillyhomeadvisors.com

Property Details for 329 West Girard Avenue

Tax ID Number
871290050
Ownership
Fee Simple
Structure Type
Interior Row/Townhouse
Style
Contemporary, Other
Waterfront
No
Garage
No
Municipality
PHILADELPHIA
Central Air
Yes

Location

Listing Courtesy of BHHS Fox & Roach-Center City Walnut
Add your commute
LISTING UPDATED: 04/23/2024 04:12 PM

Property Details for 329 West Girard Avenue

StatusActive
MLS #PAPH2293930
Days on Market181
Taxes$11,941 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1875
Lot Size0.03 AC / 1,300 SF
CountyPhiladelphia County

Location

Listing Courtesy of BHHS Fox & Roach-Center City Walnut
Add your commute

Building Information for 329 West Girard Avenue

Stories-Residences3Year Built1875Building Size-Lot Size0.03 AC / 1,300 SF

Payment Calculator

$6,425 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,430

Property Taxes

$995

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 329 West Girard Avenue

Location
Location
  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District County ID: 300200397108
  • SchoolDistrictSource: Listing Agent
  • County: PHILADELPHIA
  • MLS Area: 19123 (19123)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2022
  • Tax Assessed Value: $853,100
  • Year Assessed: 2023
  • County Tax: $0
  • Improvement Assessed Value: $682,500
  • City Town Tax: $5,389
  • Land Assessed Value: $170,600
  • Clean Green Assessed: No
  • Land Use Code: Y50
  • Zoning: CMX2
  • Tax Lot: 74
  • School Tax: $6,552
  • Automatically Update Tax Values Y/N: Yes
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 2
  • Three Bedroom Units Count: 0
  • Units Leased Count: 3
Financial Information
Financial Information
  • Gross Income: $102,720
  • Net Operating Income: $73,619
  • Cap Rate: 7.01
Building Info
Building Info
  • Building Units Total: 3
  • Total Finished SQFT: 3,576.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 20.00 x 65.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 985047
Parking
Parking
  • Type Of Parking: On Street
Interior Features
Interior Features
  • Fireplace: No
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Greater Philadelphia Association of REALTORS

Property History for 329 West Girard Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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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329 West Girard Avenue is a multi-family home for sale in Philadelphia, PA 19122. This property was listed for sale on November 2, 2023 by BHHS Fox & Roach-Center City Walnut, it's currently listed at $995,000. It has been on the market for a total of 181 days and was last sold on March 1, 2019. This listing's school district is Philadelphia City School District. Nearby schools include Moffet John School, Penn Treaty Middle School and Bodine William W High School. 329 West Girard Avenue is a 0-bed, 0-bath, 3,576 sqft multi-family home built in 1875.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of BHHS Fox & Roach-Center City Walnut

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.