240-42 E Girard Ave, PHILADELPHIA

$2,750,000

0 Beds
0 Baths
10,505 Sqft
.06 Acres
0 Garages

240 EAST GIRARD is included in "The Fishtown Portfolio" which presents a rare investment opportunity to acquire three (3) best-in-class boutique mixed-used properties in the most vibrant location in Philadelphia, Pennsylvania — FISHTOWN. Each building features an instantly recognizable address (Frankford Avenue and Girard Avenue) which insulate the properties and elevate the rentability factor for new ownership. 2301 Frankford = 6 apts + commercial. 2001 Frankford = 8 apts + 2x commercial. 240 E Girard = 9 apts + 2x commercial. Currently in lease-up, these assets benefit from destination ground floor retail/commercial spaces with unrivaled street presence/exposure. Fishtown is known for its world-class culinary environment, in addition to its thriving retail, commercial and residential landscape swelling with positive demand. 28 total units are included within The Portfolio. 7.32% pro forma cap rate. 10 year tax abatement. Enquire within for financials. Photos coming soon.

Essential Information
MLS® #PAPH2421778
Price$2,750,000
Bathrooms0.00
Square Footage10,505
Acres0.06
Year Built1915
TypeMulti-Family
Sub-TypeOther, Other
StyleCondo/Unit
StatusActive
Community Information
Address240-42 E Girard Ave
Area19125
CityPHILADELPHIA
CountyPHILADELPHIA-PA
StatePA
MunicipalityPHILADELPHIA
Zip Code19125
Interior
HeatingCentral
CoolingCentral A/C
School Information
DistrictPHILADELPHIA CITY
Additional Information
ZoningCMX2
Listing Details
OfficeKeller Williams Liberty Place
Office Contact6093995454
Property History
Status Changed from Coming Soon to Active
LISTING MAP

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Listing information last updated on January 10th, 2025 at 11:30am EST.

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