4049 W Girard Ave, Philadelphia, PA 19104

$1,050,000

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List Price
$1,050,000
Status
ACTIVE
Days on Market
11
MLS#
PAPH2679336
Subtype
Commercial Sale
New Construction
Yes
Year Built
2023
Lot Size
1,900
Acres
0.04
Subdivision
Mantua
MLS Area Major
19104 (19104)

Property Description

Excellent opportunity to acquire a fully occupied, tax-abated mixed-use investment property at 4049 W Girard Avenue. This income-producing asset features five residential apartments plus one commercial space, providing six separate sources of rental income. The residential unit mix consists of one studio, one 1-bedroom apartment, and three 2-bedroom apartments, along with a separately occupied commercial space. All residential and commercial units are currently occupied, allowing a new owner to step into an established investment with immediate rental income. The property also benefits from an existing tax abatement, helping reduce operating expenses and enhance the property's overall investment performance. With a diversified mix of residential and commercial income, full occupancy, and the added benefit of tax savings, this is an attractive opportunity for an investor looking to add a stabilized mixed-use asset to their portfolio. Conveniently situated along the Girard Avenue corridor with access to public transportation, neighborhood amenities, and major routes throughout Philadelphia.

Additional Information

Taxes
$3,426
Zoning
CMX2
Flooring
Hardwood, Tile
Heating
Forced Air
Air Conditioning
Central Air
Roof
Flat, Rubber
School District
The School District Of Philadelphia

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Listing courtesy of Keller Williams Main Line. Contact: