Gutted Apartment Building for 7
For Sale
Contact for pricing
1514 W Girard Avenue, Philadelphia, PA 19130
Fully gutted, structurally sound apartment building approved for seven units, with plans and permits ready to proceed.
Property SizeContact for details
Days on Market125
Property Features for 1514 W Girard Avenue
General Information
Standard status
Active
Property subtype
Multifamily
Additional Details
Cap Rate
7.75%
Multifamily Units
7
Listing Agency:
Alpha Realty Advisors (ARA)
Listed By:
Gene Zlotnikov · License #PA RS319486
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 21 at 2:19PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Alpha Realty Advisors (ARA)
Investment Insights
Based on property information with market context.
This structurally sound apartment building is fully gutted and ready for build-out, with approvals completed for a 7-unit configuration. Plans and permits are in hand, supporting an efficient path to renovation and repositioning.
The approved unit mix includes (3) one-bedroom units, (3) two-bedroom units, and (1) three-bedroom unit. The pro-forma cap rate cited for the project is 7.75%.
The approved unit mix includes (3) one-bedroom units, (3) two-bedroom units, and (1) three-bedroom unit. The pro-forma cap rate cited for the project is 7.75%.
Key Highlights
- Structurally sound apartment building fully approved for 7 units
- Fully gutted interior and ready to go, with plans and permits in hand
- Unit mix: (3) 1BR, (3) 2BR, and (1) 3BR
Property Analytics
Property Profile
Current Use
Lease Details
7
Residential units
Location Intelligence
Trade Area within ½ mile
3,174
Businesses Nearby
Explore this area
Business Placement
Demographics for 19130, PA
31,477
Population
18,178
Households
1.7
Avg Household Size
34
Median Age
78%
College-Educated
98%
High-School Grad
1.2 sq mi
ZIP Area
26,231
Density / Sq Mi
$110,436
Median Household Income
$76,051
Median Earnings
$1,836
Median Rent
$483,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Fully gutted, structurally sound apartment building approved for seven units, with plans and permits ready to proceed.
Where is this apartment building located?
The property is located at 1514 W Girard Avenue Philadelphia, PA.
What are key features of this property?
This property features: Structurally sound apartment building fully approved for 7 units; Fully gutted interior and ready to go, with plans and permits in hand; Unit mix: (3) 1BR, (3) 2BR, and (1) 3BR
