Outstanding investment opportunity in the heart of Fishtown! 6 RENTAL UNITS, 1 ROW HOME AND 3000sq. ft. COMMERCIAL SPACE. Prime location at E. Girard and Marlborough. 251 E. Girard/1200-20 Marlborough (all one parcel and tax number now): commercial space on first level with 42' of commercial corridor frontage. Six rental units on 2nd and 3rd floors. All currently rented at 1100-1995/month. The building has been totally renovated within the last three years both inside and out combining Tax abatement approved and retroactive to 2016 and goes through 2026. The commercial space approximately (2100 sq. ft.)has been completely renovated over the last year and has all mechanicals in place. It is currently rented for $5500/mo triple net. The apartments are one and two bedroom, tile and hardwood floors, lots of light with laundry located in the common area that is the stair well. This is a highly desirable location for both commercial and residential development. 1204 Marlborough: second building in package is row home with separate tax ID, 1006 square feet with back patio area. Pro Forma is attached in documents.
Based on the average sale price from the Ashburn, VA office
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Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.
251 E Girard Avenue Philadelphia, PA is a Single Family Home for sale at $2550000 with 7701 sqft and a lot size of 3,485 SqFt Acre(s). 251 E Girard Avenue Philadelphia has 0 bedrooms, 0 baths and was built in 1919. The property's zip code is 19125 which is in Philadelphia, PA
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Financial calculator disclaimer: Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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