Fishtown Mixed-Use Investment
440 E GIRARD Avenue, Philadelphia, PA 19125
New
MULTI_FAMILY - PHILADELPHIA, PA
Property size:
4,050 SFLot size:
0.05 AcresPrice / SF:
$183/SF- Added:
- May 20, 2026
- Days on Market:
- 2
- Last Refresh:
- May 21 at 11:06 pm
Property Features for 440 E GIRARD Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Parking features
- On Street
- Standard status
- Active
- Size
- 4,050 SF
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Annual Amount
- 1534
Utilities
- Heating system
- Forced Air
Building Details
- Year built
- 1905
- Number of units
- 3
- Building materials
- Brick
Listing agent Jeffrey C Carpineta (215) 833-6720
Listing office Solo Real Estate, Inc. 2017 Chancellor Street, Philadelphia, PA (215) 564-7656
Listing date May 20, 2026
MLS# PAPH2623588
Listing URL
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Prime Fishtown location with high visibility on Girard Avenue, close to transportation and Center City.
- Substantial income potential from a large commercial space and two spacious bi‑level apartments.
- Apartment 2R features roof access with desirable views of the Delaware River and Center City.
- Large building (3,688 sq.ft.) on a 20' x 100' lot with original decorative facade.
- Each unit has separate gas and electric meters.
- Apartment 2F has a large window bay facing Girard Ave, providing great natural light.
Overview
Located in the heart of Fishtown, Philadelphia, this early 1900's three-story building features a decorative facade and cornice. The property, situated on a 20-foot wide by 100-foot deep parcel, totals 3,688 square feet. The first floor comprises a commercial space with a street entrance and vestibule, featuring a reception area, multiple rooms, a restroom, a laundry area, and access to the basement and rear yard with a side breezeway. The commercial space is over 1200 sq. ft. The second and third floors house two bi-level apartments. Apartment 2F, located at the front of the building, is configured as a one-bedroom unit (with room for a second bedroom) and includes an open kitchen/living space, wood floors, gas cooking, island cabinets and counter, high ceilings, and a large window bay facing Girard Avenue. The bedroom is on the upper level and includes a full bath with a washer and dryer. Apartment 2R, at the rear, is a two-bedroom bi-level unit with roof access. The lower level features an open living/dining/kitchen space with island cabinets and counter, wood floors, high ceilings, and large windows. The first bedroom is located in the rear with views of the rear yard, and a laundry closet is located off the lower-level bedroom. The second, equally large bedroom is upstairs with views of the rear yard. A full bath is on the upper level, next to the stairway to the roof, which offers views of the Delaware River and Center City. Each space has separate gas and electric. The property is located on Girard Avenue, close to the El Train, with a 10-minute trip to Center City, and near I-95 for commutes to Bucks or Delaware. The lot size is approximately 0.0459 acres.
Financial Insights
Value Estimation Calculated for Apartment 5plus
Conservative
$707.8K
NOI $63,705 @ 9.00% cap · cautious / downside scenario
Moderate
$910.1K
NOI $63,705 @ 7.00% cap · market / base-case scenario
Aggressive
$1.27M
NOI $63,705 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
Calculated for Apartment 5plus
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $123.0k | $30.36 |
| − Vacancy | −$7.1k | −$1.76 |
| EGI | $115.8k | $28.60 |
| − OpEx | −$52.1k | −$12.87 |
| NOI | $63.7k | $15.73 |
4,050 SF · lease $30.36/SF/yr · vacancy 5.80% · expense 45.00%
Alternative Use Scenarios
Best Use
Apartment 5plus
$910.1K
$796.3K – $1.06M
NOI $63,705 @ 7.0% cap · market cap 8.55%
Second Best
Mixed Use
$687.3K
$601.4K – $801.9K
NOI $48,114 @ 7.0% cap · market cap 6.46%
Theoretical Best
Multifamily LT 5
$987.3K
$863.9K – $1.15M
NOI $69,113 @ 7.0% cap · market cap 9.28%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Refuge Midwifery at Threshold ...
Alternative Medicine Practice
Brandon Graf Movement
Wellness Program
Therapy with Virginia
Psychotherapist
Beth Jellinek Counseling ...
Counselor
JLP Acupuncture
Medical Clinic
Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Delaware
- State
- Pennsylvania
- Longitude
- -75.12896
- Latitude
- 39.97036
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Three-story mixed-use building in the heart of Fishtown, Philadelphia.
Where is this mixed-use property located?
The property is located at 440 E GIRARD Avenue Philadelphia, PA.
What is the asking price?
The asking price for this property is $745,000.
What are key features of this property?
This property features: Prime Fishtown location with high visibility on Girard Avenue, close to transportation and Center City.; Substantial income potential from a large commercial space and two spacious bi‑level apartments.; Apartment 2R features roof access with desirable views of the Delaware River and Center City.
