Listed by Keller Williams Philly
$1,750,000
701-3 W Girard Ave
Details
Property Type Retail, Mixed Use
Square Footage 8,600
Units 13
Cap Rate 10.36%
NOI $231,240
Zoning CMX2
Value Add 13 Unit in A+ Neighborhood
Marketing description
Offering a rare corner 13 mixed unit value add building in the coveted Northern Liberties section. Surrounded by new development this 85% completed double wide property can command group 4 of the Section 8 rent schedule. Under valued asking price with major upside!
Investment highlights
- 1 Building + Townhouse
- 13 Units Mix of Studio - 3 Bed
- Commercial Space on Girard
- Value Add ~85% Completed
- Area New Development
- Rev. Based on Sec. 8 Rent Schedule
- Cmx2 Zoning Designation
Listing Contacts
Listed by Keller Williams Philly
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Loan Amount
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Annual Debt Service
$--
$--
Annual Cash Flow
$231,240.00
$19,270.00/mo
Valuation Metrics
0
DSCR
13.21%
Cap Rate
13.21%
ROI
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