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    701-3 W Girard Avenue

    PHILADELPHIA, PA 19123
    • $1,950,000
    • STATUS: Active
    • ON SITE: 74 days
    • ID#: PAPH2009352
    UPDATED: 47 min ago
    $1,950,000
    • 0
      BEDS
    • 0.07
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1915
    County:

    School Information

    High School:

    Description

    701-03 W Girard Avenue is a 13-unit mixed-use asset located in Philadelphia, Pennsylvania. The offering is a 12-unit, 8,600-square-foot mixed-use building with ground-floor retail located directly on Girard Avenue in the Ludlow neighborhood of Philadelphia. This is an "as-is" sale. The corner parcel is set on 2,916 square feet of land at a signalized intersection and is a rare double-wide property. This is a true value add opportunity. New ownership can continue the renovation plan of updating the units and offer affordable market-rate apartments. The building has an attractive unit mix of two and three bedrooms units, some of which are bi-level units. The offering is unique in that all utilities, including water and sewer, are separately metered. The property has frontage on both Girard Ave and North 7th Street and sits at high visibility signalized corner. Benefiting from the convenient transportation system, residents can access Center City in minutes. The property has immediate arterial access to Girard Avenue, I-676, I-76, Broad Street, and I-95, providing residents the ability to effortlessly travel to all parts of the city and the surrounding suburbs. New ownership is set to benefit from the rapidly evolving area stemming from the overflow of new developments between the Broad Street corridor and Fishtown neighborhoods. The natural progression of development along Girard Avenue makes this an excellent opportunity to capitalize on a sought-after submarket in the thriving Philadelphia real estate market.

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    ©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively 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. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Ramus Realty Group. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-09-25T09:52:28.703.
    www.ramusrealty.com/homes/119222908
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    701-3 W Girard Avenue PHILADELPHIA, PA 19123

    • Price: $1,950,000
    • Status: Active
    • Updated: 47 min ago
    • ID#: PAPH2009352
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.07
    Acres
    1915
    Built
    Neighborhood:
    Ludlow
    County:
    Philadelphia
    Area:
    19123 (19123)
    High School:
    Penn Treaty
    School District:
    The School District Of Philadelphia
    Property Description
    701-03 W Girard Avenue is a 13-unit mixed-use asset located in Philadelphia, Pennsylvania. The offering is a 12-unit, 8,600-square-foot mixed-use building with ground-floor retail located directly on Girard Avenue in the Ludlow neighborhood of Philadelphia. This is an "as-is" sale. The corner parcel is set on 2,916 square feet of land at a signalized intersection and is a rare double-wide property. This is a true value add opportunity. New ownership can continue the renovation plan of updating the units and offer affordable market-rate apartments. The building has an attractive unit mix of two and three bedrooms units, some of which are bi-level units. The offering is unique in that all utilities, including water and sewer, are separately metered. The property has frontage on both Girard Ave and North 7th Street and sits at high visibility signalized corner. Benefiting from the convenient transportation system, residents can access Center City in minutes. The property has immediate arterial access to Girard Avenue, I-676, I-76, Broad Street, and I-95, providing residents the ability to effortlessly travel to all parts of the city and the surrounding suburbs. New ownership is set to benefit from the rapidly evolving area stemming from the overflow of new developments between the Broad Street corridor and Fishtown neighborhoods. The natural progression of development along Girard Avenue makes this an excellent opportunity to capitalize on a sought-after submarket in the thriving Philadelphia real estate market.
    Exterior Features

    Construction Materials Masonry Garage YN No Parking Types On Street Riparian Rights YN No Roof Asphalt Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

    Interior Features

    Building Area Total 8600.00 Cooling Central A/C Flooring Vinyl Heating Forced Air Heating YN Yes Net Square Feet 8600.00

    Property Features

    Acceptable Financing CashExchangeConventional Accessibility Features Other Assessment Year 2021 Association YN No Business Type Apartment Building Central Air YN Yes Cooling Fuel Electric Cross Street North 7th St Heating Fuel Electric Hot Water Electric Municipality Philadelphia Navigable Water YN N New Construction YN No Number Of Units Total 8 Original MLSNumber 800847397322 Ownership Interest Fee Simple Possession Negotiable Property Sub Type Mixed Use Sale Type Standard Sewer Public Sewer Tax Annual Amount 11638.00 Tax Assessment Amount 831400.00 Tax Lot 192 Vacation Rental YN No Water Source Public Year Built Effective 1995 Zoning Cmx2

    Listing courtesy of Scope Commercial Real Estate Services, Inc..


    ©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively 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. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Ramus Realty Group. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-09-25T09:52:28.703.
     
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    Ramus Realty Group
    2880 Pottsville Minersville Highway, Suite 144
    Pottsville PA, 17954