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329 W Girard Avenue

Philadelphia, PA 19123

– beds
– baths
3,576 sqft
1,300 sqft lot
$265 per sqft
1875 build

PRICE REDUCTION! Invest in the heart of Northern Liberties & Fishtown with this exceptional real estate opportunity! Currently, all residential units are rented at $2,350 / $2,325 a month significantly below the prevailing market rates, offering turnkey stability with an upside with under market rents. 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.

Listing courtesy of BRIGHT / BHHS Fox & Roach-Center City Walnut

Last checked: Checking… • Last updated Oct 29, 2024 •

MLS# PAPH2293930 —

The Building

Year Built:

1875
Year Built Source:

Assessor
New Construction:

No
Construction Materials:

Masonry
Structure Type:

Interior Row/Townhouse
Architectural Style:

Contemporary, Other
Building Units Total:

3
Accessibility Features:

None
Foundation Details:

Slab
Total SqFt Source:

Assessor
Total Below Grade SqFt Source:

Assessor
Tax Total Finished SqFt:

3576

Interior

Fireplace:

No
Living Area SqFt Source:

Assessor

Room Dimensions

Total SqFt:

3576
Living Area SqFt:

3,576 Sqft

Financial & Terms

Sale Type:

Standard
Possession:

0-30 Days CD

Location

Directions:

use GPS
Latitude:

39.97011185
Longitude:

-75.14259338

The Property

Property Type:

Multi-Family
Property Subtype:

Triplex
Lot Size Units:

Square Feet
Lot Size Acres:

0.03
Lot Size Source:

Assessor
Lot Size Dimensions:

20.00 x 65.00
Lot Dimensions Source:

Assessor
Lot SqFt:

1,300 Sqft
Zoning:

CMX2
Other Structures:

Above Grade, Below Grade
Water View:

No
Waterfront:

No
Water Oriented:

No
Water Access:

No
Navigable Water:

No
Tidal Water:

No
Land Use Code:

Y50
Riparian Rights:

No

Listing Agent

Contact info:

Taxes

Tax ID Number:

871290050
Tax Year:

2024
Tax Lot:

74
Tax Annual Amount:

$11,941
Tax Assessed Value:

$853,100
Year Assessed:

2024
School Tax:

6687.0
City/Town Tax:

5254.00
Total Taxes Payment Frequency:

Annually

Heating & Cooling

Cooling Type:

Central A/C
Central Air:

Yes
Cooling Fuel:

Electric
Heating:

Yes
Heating Type:

Forced Air
Heating Fuel:

Natural Gas

Utilities

Sewer/Septic:

Public Sewer
Hot Water:

Natural Gas
Water Source:

Public

Schools

School District Name:

The School District Of Philadelphia
School District Source:

Listing Agent

The Community

Pool:

No Pool
Cap Rate:

7.01

Parking

Garage:

No
Type of Parking:

On Street

Extra Units

Vacation Rental:

No
Two Bedroom Units:

2

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
10/29/24 Oct 29, 2024	Pending	BRIGHT	$950,000
9/27/24 Sep 27, 2024	Sold Subject To Contingencies	BRIGHT	$950,000	-2.1%
6/12/24 Jun 12, 2024	Price Changed	BRIGHT	$970,000	-2.5%

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This multifamily located in Center City, Philadelphia, PA 19123 is currently pending sale for $950,000. 329 W Girard Avenue is a 3,576 square foot multifamily with – beds and – baths. 329 W Girard Avenue is in the Center City neighborhood of Philadelphia and has a WalkScore® of 96, making it a walker’s paradise. This multifamily is in the attendance area of John Moffett School and Penn Treaty School.

Listing Courtesy of: BRIGHT and BHHS Fox & Roach-Center City Walnut.

The information included in this listing 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. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. BRIGHT MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. 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.