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- LoopNet Team
507-509 W Girard Ave
Philadelphia, PA 19123
Retail Property For Sale
PROPERTY FACTS
Amenities
- Bus Line
- Tenant Controlled HVAC
- Air Conditioning
About 507-509 W Girard Ave , Philadelphia, PA 19123
Amazing turn-key investment opportunity located right off the busy commercial corridor of Girard Ave. This 8 unit building is fully occupied and tastefully rehabbed, currently bringing in $122,760 in gross annual rents. All of the residential units offer modern high-end finishes such as exposed brick, hardwood floors, stainless steel appliances, and much more. The unit breakdown is three 2 bedrooms 1 bathroom, four 1 bedroom 1 bath, & a 1,200 sq ft commercial unit. Rents are currently under market and can be increased. There are 2 coin-operated washers & 4 dryers located in the building which bring in additional income and are used by all the tenants from 507-517 W Girard Ave. The commercial tenant recently signed a new 5-year lease with an annual increase to bring the rent up to $2,000 on the 5th year.
PROPERTY TAXES
Parcel Number | 881006825 | Improvements Assessment | $495,600 |
Land Assessment | $212,400 | Total Assessment | $708,000 |
PROPERTY TAXES
Learn More About Investing in Retail Properties
Listing ID: 16326343
Date on Market: 6/12/2019
Last Updated:
Address: 507-509 W Girard Ave, Philadelphia, PA 19123
The Retail Property at 507-509 W Girard Ave, Philadelphia, PA 19123 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
Retail PROPERTIES IN NEARBY NEIGHBORHOODS
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