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701-703 W Girard Ave
Philadelphia, PA 19123

Multifamily Property For Sale · 12 Units

Investment Highlights

  • Value Creation. Opportunity to add value by continuing the renovation program to meet market rates.
  • Neighborhood Drivers. The Ludlow neighborhood neighbors Spring Arts, Northern Liberties and Olde Kensington with access to a plethora of amenities.
  • Opportunity Zone. 701-03 W Girard Avenue is located in a qualified opportunity zone providing tax incentives.
  • Transportation. Twelve minute commute to Center City. The property also has easy access to I-95, I-676 and I-76 for commuters.
  • Zoning. The CMX-2.5 zoning designation allows for various by-right potential uses. No variances are necessary to expedite development timeline.

PROPERTY FACTS

No. Units 12
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid Rise
Building Class C
Lot Size 0.07 AC
Building Size 8,600 SF
No. Stories 4
Year Built/Renovated 1910/2021
Cross Streets 7th St

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 4 - -
2+1 7 - -
3+1 1 - -

zoning

Zoning Code CMX-2.5 (CMX-2.5 is intended to accommodate commercial uses in a pedestrian-friendly environment in commercial nodes and along commercial corridors.)
CMX-2.5 (CMX-2.5 is intended to accommodate commercial uses in a pedestrian-friendly environment in commercial nodes and along commercial corridors.)
  • Listing ID: 22710892

  • Date on Market: 2021-04-12

  • Last Updated:

  • Address: 701-703 W Girard Ave, Philadelphia, PA 19123

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