4154 W Girard Ave, Philadelphia, PA 19104

$499,500

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List Price
$499,500
Days on Market
16
MLS#
PAPH2648456
Status
ACTIVE
Type
Commercial
Year Built
1915
County
Philadelphia
Region
19104 (19104)
Neighborhood
Parkside
Subdivision
Parkside

Property Description

Located in the up-and-coming Parkside section of West Philadelphia (ZIP Code 19104), this recently updated five-unit apartment building offers a prime opportunity for investors. Just a few blocks from the Philadelphia Zoo and close to Fairmount Park, this property is ideally positioned near major city attractions. Commuting is effortless, with the Centennial Village train station just five blocks away—placing you in Center City in under 15 minutes—and the SEPTA 15 and 40 trolleys less than a block from your doorstep. Each unit features separate utilities (except water). With a current cap rate of over 7% and a potential cap rate of 14% if the new owner chooses Section 8 tenancy, this building offers outstanding current income and significant future upside/value added. Don’t miss your chance to own a well-maintained, income-generating property in a vibrant and growing neighborhood!

Additional Information

Acres
0.04
Lot Size
1,742
Roof
Asphalt, Flat
Cooling
Window Unit(s), Wall Unit
Heating
Baseboard - Electric
Taxes
$4,290

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Calculator source: Real Geeks

Listing courtesy of Best City Homes Inc. Contact: 2155451144