$ 800,000
-
$800,000
Price -
8
Bed -
0
Bath -
0
SqFt
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About the Listing TCRELLC1 - 3379899
We are pleased to present 4107 W Girard Avenue, a 5-unit multifamily investment opportunity located along the rapidly improving Girard Avenue corridor in West Philadelphia. The property totals approximately 4,568 rentable square feet and features five spacious one-bedroom apartments averaging approximately 914 square feet per unit. The asset is currently stabilized and generates strong in-place cash flow, providing investors with immediate yield and a straightforward operational profile. The property's larger-than-average unit sizes differentiate it from competing multifamily inventory within the surrounding submarket, supporting strong tenant demand and long-term occupancy stability. Current rents average approximately $1,450 per unit, while projected market rents are approximately $1,520 per unit, creating a clear mark-to-market opportunity through natural lease turnover. The combination of stable operations and embedded rental upside provides investors with a practical path to NOI growth without requiring significant capital expenditures. Located along the Girard Avenue corridor, the property benefits from strong connectivity to University City, Center City, Fairmount Park, and major employment centers throughout Philadelphia. Continued investment and neighborhood improvement throughout the surrounding area have supported consistent rental demand and long-term appreciation potential. Investment Highlights 5-Unit Multifamily Investment Opportunity Approximately 4,568 Rentable Square Feet Average Unit Size of 914 SF Stabilized In-Place Cash Flow Current NOI of Approximately $61,566 7.70% Going-In Cap Rate Demonstrated Mark-to-Market Opportunity with Approximately 5% Rental Upside Attractive Basis at $160,000 Per Unit and $175 PSF Large One-Bedroom Floorplans Supporting Durable Tenant Demand Convenient Access to University City, Center City, and Major Employment Hubs Price: $800,000 Price/Unit: $160,000 Price/SF: $175.13 In-Place Cap Rate: 7.70% Year 1 Cap Rate: 8.10%
Listing Highlights
Status
Active
Days on Site
7
Property Type
Multi-Family
MLS ®
PAPH2640542
Year Built
2022
Total Square Footage
0
Lot/Acreage
0.05
Interior Details
- Bedrooms: 8
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 0
- Below Ground Sq Ft: 0
- Basement:
- Other:
- Water: Private,Private/Community Water
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Lot Dimensions: 18.00 x 112.00
- Zoning: RSA5
- Roof:
- Others:
- Sewer: Public Sewer,Private Sewer
- Parking Features: On Street
Financial Details
- Tax Amount: $1,226
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2024
Payment Calculator
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Questions About..
4107 W Girard Ave Philadelphia, PA 19104
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