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120 W Girard Ave 2 Unit Apartment Building $485,000 ($242,500/Unit) Philadelphia, PA 19123
Investment Highlights
- Fully leased three-unit building with strong rental history.
- Ground-floor commercial space with long-term tenant in place.
- Two updated residential units with modern finishes and private utilities.
Executive Summary
This turnkey investment offers immediate income and minimal management headaches in one of Philadelphia’s most vibrant neighborhoods. With updated residential units and a reliable commercial tenant, the property is well-positioned for both steady returns and future value appreciation. Investors will appreciate the blend of residential and commercial income streams, strong neighborhood fundamentals, and the ease of ownership this asset provides.
Property Facts
| Price | $485,000 | Building Class | C |
| Price Per Unit | $242,500 | Lot Size | 0.05 AC |
| Sale Type | Investment | Building Size | 1,980 SF |
| No. Units | 2 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1927 |
| Zoning | C - Commercial | ||
| Price | $485,000 |
| Price Per Unit | $242,500 |
| Sale Type | Investment |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.05 AC |
| Building Size | 1,980 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1927 |
| Zoning | C - Commercial |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 2 | - | - |
1 1
Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
100/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 871510290 | Improvements Assessment | $298,320 |
| Land Assessment | $74,580 | Total Assessment | $372,900 |
Property Taxes
Parcel Number
871510290
Land Assessment
$74,580
Improvements Assessment
$298,320
Total Assessment
$372,900
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120 W Girard Ave