Building Details

Year Built 1920

Buildings 1

Stories 3

Construction masonry

Tenancy Multi

Listing Agency: Panphil Realty, LLC Show Phone

Listed By: Meng Z Wu · License #RS365029 Show Phone

Source: Exprealty

Added: Oct 13 Changed: Oct 23 Last Checked: Oct 23 at 4:06PM

Report an Issue

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 Panphil Realty, LLC

Ask AI about this property

Review the available facts, identify missing information and prepare questions for the agent.

What should I ask the agent before proceeding? What information is missing from this listing?

Investment Insights

Based on property information with market context.

This three-story mixed-use building was constructed in 1920 and contains 5,475 square feet on a 0.04-acre lot. It includes four apartments, each with an in-unit washer and dryer; all four units share the same layout. The property has CMX-4 zoning and no on-site parking.

Located on W Girard Ave between N 13th and N 14th streets, the building is served by SEPTA Girard Ave trolley and bus routes. Broad Street is nearby, and I-676 is minutes away.

Key Highlights

• 5,475‑square‑foot, three‑story building constructed in 1920
• Four apartments with the same layout; each has an in‑unit washer and dryer
• 0.04‑acre lot with CMX‑4 zoning

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$86,119

Cap Rate

7.83%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,722,380 $1.7M

Cap Rate 7%

$1,230,271 $1.2M

Cap Rate 9%

$956,878 $956.9K

Is this asking price fair?

Market Conditions

NOI Build-Up for 5,475 SF

Gross rent

$166.2K $30.36/SF

− Vacancy

−$9.6K −$1.76/SF

EGI

$156.6K $28.60/SF

− OpEx

−$70.5K −$12.87/SF

NOI

$86.1K $15.73/SF

Area

Philadelphia, PA

Vacancy

5.80%

Lease Rate

$30.36 /SF/Yr

Expense Ratio

45.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,722,380

Cap Rate 7%

$1,230,271

Cap Rate 9%

$956,878

Alternative Uses

Best Use

Apartment 5plus

$1.23M

$1.08M – $1.44M (±1% cap)

NOI $86,119 @ 7.0% cap · market cap 7.83%

Second Best

Mixed Use

$929.2K

$813.0K – $1.08M (±1% cap)

NOI $65,043 @ 7.0% cap · market cap 5.91%

Theoretical Best

Multifamily LT 5

$1.33M

$1.17M – $1.56M (±1% cap)

NOI $93,430 @ 7.0% cap · market cap 8.49%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Law Firm (Bike/Boat/Book/etc) Store Auto Parts Store Tanning Salon Clothing & Fashion Store Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4

Residential units

Multi-tenant

Tenancy

Yes

Highway access

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

3,494

Businesses Nearby

Explore this area Business Placement

Demographics for 19123, PA

18,793

Population

10,636

Households

1.8

Avg Household Size

33

Median Age

66%

College-Educated

93%

High-School Grad

1.3 sq mi

ZIP Area

14,456

Density / Sq Mi

$95,872

Median Household Income

$73,760

Median Earnings

$1,687

Median Rent

$544,700

Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

Similar For Sale Nearby

See more

10-Unit Apartment Building

5335 BAYNTON STREET, Philadelphia, PA 19144

$1,075,000

5,619 SF

View details

10-Unit Apartment Building

533541 Baynton Street, Philadelphia, PA 19144

$1,075,000

5,619 SF

View details

Mixed-Use Property with Basement

1642-44 RIDGE AVENUE, Philadelphia, PA 19130

$950,000

5,520 SF

View details

4-Unit Masonry Quadplex

2537-39 MONTROSE Street, Philadelphia, PA 19146

$1,250,000

5,200 SF

View details

Six-Unit Apartment Property

6933-00 DITMAN ST, Philadelphia, PA 19135

$1,000,000

5,000 SF

View details

Three-Story Mixed-Use Property

3726 N Broad St, Philadelphia, PA 19140

$750,000

5,490 SF

View details

Restaurant Retail Space with Kitchen Equipment

1111-13 WALNUT Street, Philadelphia, PA 19107

$1,450,000

0.12 Acres

View details

4-Unit Contemporary Quadplex

3615 MELON Street, Philadelphia, PA 19104

$975,000

4,844 SF

View details

5-Unit Apartment Building

1817-00 CECIL B MOORE Avenue, Philadelphia, PA 19121

$850,000

5,108 SF

View details

5-Unit Apartment Building

321 N 40TH ST, Philadelphia, PA 19104

$1,500,000

5,792 SF

View details

Masonry Storefront With Dry-Cleaning Use

6358 -6360 STENTON AVENUE, Philadelphia, PA 19138

$850,000

5,014 SF

View details

Contemporary Four-Unit Quadplex

810 N UBER Street, Philadelphia, PA 19130

$1,325,000

4,625 SF

View details

Frequently Asked Questions

What type of property is this?

Mixed-use property - Four apartments share a common layout, with an in-unit washer and dryer in each.

Where is this mixed-use property located?

The property is located at A-1332 W Girard Ave Philadelphia, PA.

What is the asking price?

The asking price for this property is $1,100,000.

What are key features of this property?

This property features: 5,475‑square‑foot, three‑story building constructed in 1920; Four apartments with the same layout; each has an in‑unit washer and dryer; 0.04‑acre lot with CMX‑4 zoning