BEDS0
BATHS
SQUARE FEET4,312
MLS#PAPH2673070
STATUSACTIVE
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONFRANCISVILLE
SCHOOLTHE SCHOOL DISTRICT OF PHILADELPHIA
Property Description
A rare opportunity for the savvy investor to acquire a fully occupied, income-producing triplex with a compelling future value-add component in the heart of Francisville. What truly sets this apart is the 150-foot-deep, street-to-street parcel extending from Girard to W Flora Street. With RM-4 zoning, the depth and rear frontage may present an exciting opportunity to explore subdivision and additional development along Flora Street, subject to zoning, subdivision, and City approvals. The existing triplex generates $63,984 in annual gross rental income and consists of three well-maintained, updated units, each featuring central air conditioning. All three units are currently furnished and leased on flexible three- to six-month terms, with the furniture included in the sale. A new owner can continue the current furnished rental strategy or transition the units to traditional long-term leases as existing leases expire. The location is just one block to Broad St. and convenient subway access, the property offers exceptional connectivity to Center City, Temple University, and surrounding neighborhoods, creating a strong rental location for students, professionals, commuters, and longer-term residents alike. For investors looking to scale, 1501 W Girard Avenue, the neighboring six-unit property, is also separately available. Together, the two properties offer the opportunity to acquire nine existing units across adjoining properties, while potentially unlocking additional value from the unusually deep, street-to-street parcels and Flora Street frontage. Existing cash flow today, flexibility in rental strategy, and a potential development play for tomorrow, offering multiple paths to create long-term value in one acquisition.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Partially Finished, Other
Cooling: Central A/C
Fuel Type: Natural Gas
Heating: Forced Air
Lot Size: 0.06 Acres
Taxes: $11,523
Year Built: 1915
Feature Descriptions
Additional Structures: Above Grade, Below Grade
Days on Site: 9
Exterior: Masonry
Lot: Rear Yard, Subdivision Possible
Lot Dimensions: 0.06 Acre(S)
Municipality: PHILADELPHIA
One Bedroom Units: 1
Sewer: Public Sewer
Structure Type: Interior Row/Townhouse
Total Garage/Parking Spaces: 0
Two Bedroom Units: 2
Units: 3
Water: Public
Local Schools
School District: THE SCHOOL DISTRICT OF PHILADELPHIA
Listed By / Shown By
Listed By
Agency Name: SERHANT PENNSYLVANIA LLC
Agency Phone: 6106359977
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0040
Estimate Your Payment
Estimated Payment
$ 2,596.45 per month $1,446.62 Principal & Interest $960.25 Property Tax $189.58 Homeowner's InsuranceChange Payment Information
1503 W Girard Avenue | MLS# PAPH2673070
This multi-family property located at 1503 W Girard Avenue, Philadelphia, PA 19130 is currently listed for sale with an asking price of $650,000. W Girard Avenue is located within the THE SCHOOL DISTRICT OF PHILADELPHIA school district. Search Philadelphia real estate on www.realtymark.net today.