Asking Price: $4,835,000

Properties consist of, 4 buildings in popular Francisville neighborhood. 1416 W Girard Ave has 6 one-bedroom apartments, and one office/commercial area. The building was fully renovated in 2017. Each unit has washer/dryer in unit, and separate electric. Beautiful high-end renovation, hardwood floors, high ceilings. Office/commercial unit has separate entrance and a yard. Possible conversion to condos. Tax abatement in place. 1420, 22 and 24 W Girard consist of 3 buildings, with common back yard for tenants and common coin operated laundry in the basement. There 17 apartments, 15 are two-bedroom apartments and 2 are three bedroom. A lot of improved units, with new kitchens, improved common areas ~ there is room for improvement. Rents under market value. Income producing properties, rare offer in Francisville. Tenants profile mainly young professionals. Easy access to public transportation. Tenants pay their utilities, and water/sewage fixed fee per unit.Unique opportunity.

This property is part of a package. Properties may be sold separately but prices are subject to change.


MLS numbers for package are as follows:

  • PAPH877272
  • PAPH877706
  • PAPH877734
  • PAPH877724
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MLS #: PAPH877272
Tax ID #: 881071505
Ownership Interest: Fee Simple
Sub Type: Five Or More Units
Available SqFt: 4,400.00
Price / Sq Ft: 268.61
Year Built: 1915
Property Condition: Average+
County: Philadelphia, PA
MLS Area: 19130 – Philadelphia County
School District: Philadelphia
Tax Annual: $6,264 / 2020
Zoning: CMX4
Tax Assessed Value: $447,485 / 2020
Imprv. Assessed Value: $385,405
Land Assessed Value: $62,080
Land Use Code: CA0
Block/Lot: 108
Business Type: Apartment Building
Property Use: Investment
Potential Tenancy: Multiple
Building Units Total: 23
Building Total SQFT: 4,500 / Assessor
Construction Materials: Masonry
Parking: No Parking
Central AC: Yes
Accessibility Features: None
Cooling Fuel: Electric, Natural Gas
Heating Fuel: Electric, Natural Gas
Hot Water: Electric, Natural Gas
Water Source: Public
Sewer: Public Sewer
Listing Agent: John Bianchimano
License #: RS301128
Listing Agent Email: johnbbroker@gmail.com
Broker of Record: Joseph Gioia (Lic# RM422945 – PA)
Listing Office: RE/MAX 2000 (RM2000)
Office Phone: (215) 698-2000
Office Fax: (215) 698-2060
Appointment Phone: 215-698-21234