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The Fairview 2616 W Girard Ave 16 Unit Apartment Building $4,999,999 ($312,500/Unit) Philadelphia, PA 19130
Investment Highlights
- TOP DESTINATION IN WORLD TO VISIT 2026 - PHL, PA (WSJ)
- 40' FRONTAGE ON PROMINENT HARD CORNER
- 10YR TAX ABATEMENT THROUGH 2030
- PRIME FAIRMOUNT/BREWERYTOWN LOCATION
- DELUXE INTERIORS, GYM, ELEVATOR AND PANORAMIC ROOFDECK
Executive Summary
Welcome to THE FAIRVIEW, a stately 16-unit mixed-use property in the booming Fairmount/Brewerytown section of Philadelphia, Pennsylvania — the top destination in the world to visit in 2026 (WSJ). This ±22K SF Class-A boutique building represents one of the finest commercial real estate acquisitions available in the marketplace. This prime asset boasts seven (7) 1bd x 1ba apartments, three (3) 2bd x 2ba apartments, four (4) 3bd x 2ba apartments atop ground-floor commercial space (not included in sale) along with two (2) lower level commercial spaces. 40' of frontage on a hard, prominent corner, rising five (5) storeys up into the sky, overlooking the Center City Philly skyline with impeccable positioning and views. The units are high-design, with ample natural light via corner building exposure, chic kitchens and baths, durable LVP flooring, high-efficiency building systems and mechanicals and washer/dryer in every unit. The panoramic roofdeck offers unobstructed city views in every direction. Amenities include an on-site gym, co-working lounge, elevator, and balconies in select units. The location is unmatched: walkable to plentiful amenities along the Girard Ave corridor, Museums District, Schuylkill River Trail, Boathouse Row, and just steps from Fairmount Avenue's top restaurants and cafes, adjacent to Fairmount Park—the largest urban park in the USA. 10 Year Tax Abatement through 2030. The Fairview is anchored by durable income streams through residential and commercial leases, providing an ideal 1031 exchange opportunity. Enquire within for financials and floorplans.
Property Facts
| Price | $4,999,999 | Building Class | B |
| Price Per Unit | $312,500 | Lot Size | 0.09 AC |
| Sale Type | Investment | Building Size | 22,000 SF |
| No. Units | 16 | No. Stories | 5 |
| Property Type | Multifamily | Year Built | 2021 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Mid-Rise | ||
| Zoning | CMX2.5 | ||
| Price | $4,999,999 |
| Price Per Unit | $312,500 |
| Sale Type | Investment |
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.09 AC |
| Building Size | 22,000 SF |
| No. Stories | 5 |
| Year Built | 2021 |
| Opportunity Zone |
Yes |
| Zoning | CMX2.5 |
Amenities
Unit Amenities
- Air Conditioning
- Storage Space
Site Amenities
- Tenant Controlled HVAC
- Roof Terrace
- Storage Space
- Bicycle Storage
- Lounge
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 4 | - | 1,054 |
| 2+2 | 3 | - | 941 |
| 1+1 | 7 | - | 626 |
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Exceptionally walkable
100/100
Somewhat drivable
30/100
Exceptional public transit
90/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 881070279 | Improvements Assessment | $2,070,000 |
| Land Assessment | $230,000 | Total Assessment | $2,300,000 |
Property Taxes
Parcel Number
881070279
Land Assessment
$230,000
Improvements Assessment
$2,070,000
Total Assessment
$2,300,000
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Contact the Sale Advisor
The Fairview | 2616 W Girard Ave