This Multifamily Property is no longer advertised on LoopNet.com.

1514 W Girard Ave
Philadelphia, PA 19130

Multifamily Property For Sale · 7 Units

PROPERTY FACTS

No. Units 7
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Manufactured Housing Mobile Home Park
Apartment Style Mid Rise
Building Class C
Lot Size 0.05 AC
Building Size 6,700 SF
Average Occupancy 100%
No. Stories 5
Year Built 1920

UNIT AMENITIES

  • Air Conditioning
  • Balcony
  • Cable Ready
  • Dishwasher
  • Washer/Dryer
  • Ceiling Fans
  • Granite Countertops
  • Deck
  • Intercom
  • Island Kitchen

SITE AMENITIES

  • Courtyard

ABOUT 1514 W GIRARD AVE , PHILADELPHIA, PA 19130

Walnut Realty Group is pleased to present this rare development opportunity in the booming Francisville neighborhood with approved building plans and permits for a beautiful seven unit apartment building. This property is in a prime location surrounded by new development. For example, there are 120 one bedroom apartment units currently under construction just a few doors down. There are also new developments directly across the street and at the corner of 16th and Girard. Positioned just a 10 minute bike ride from the Center City business district, a 5-10 minute walk from Temple University, and just 1 block from the subway, this property will attract the wave of young professionals moving to this neighborhood. The interior of this property is equally appealing with 16' ceilings on each floor, wide stairways and hallways, and impressive city views. Vintage architectural elements allow the developer to retain some of the historical Philadelphia character. With potential for exposed brick walls and creative loft layouts, this building will truly stand out above the typical cookie cutter new construction. In addition, there is space to add a community roof deck on the top floor or even an 8th unit (which can be added by right). The building comes with a construction budget and plans as well as builder referral for the price listed in the budget. As this part of the city continues to grow and thrive, the potential for 1514 Girard Ave is endless. Plans, pro-forma, and approvals available upon request.

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 1 $1,300 -
1+1 2 $1,425 -
2+2 1 $1,775 -
2+1 1 $1,625 -
3+2 1 $2,325 -

PROPERTY TAXES

ZONING

Zoning Code RM4
  • Listing ID: 9925377

  • Date on Market: 11/9/2017

  • Last Updated:

  • Address: 1514 W Girard Ave, Philadelphia, PA 19130