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Key Details
Property Type Multi-Family, Townhouse
Sub Type Interior Row/Townhouse
Listing Status Coming Soon
Purchase Type For Sale
Square Footage 2,595 sqft
Price per Sqft $304
Subdivision Francisville
MLS Listing ID PAPH2638684
Style Victorian
Abv Grd Liv Area 2,595
Year Built 1915
Available Date 2026-06-20
Annual Tax Amount $5,916
Tax Year 2026
Lot Size 1,307 Sqft
Acres 0.03
Property Sub-Type Interior Row/Townhouse
Source BRIGHT
Property Description
Extensively renovated in 2020, the property offers investors a rare combination of strong in-place cash flow and limited near-term capital expenditure requirements. Offered at an impressive in-place cap rate of 9.3%, the building is currently 100% occupied by long-term Housing Choice Voucher (Section 8) tenants, with recent tenant renewals providing a proven history of stable occupancy and consistent income. In a market increasingly dominated by low-yield, value-add offerings marketed on projected future returns, 1816 W Girard delivers strong cash flow and investment performance from day one.
This one-of-a-kind late Victorian brownstone features a private rear patio exclusive to the first-floor unit, a private upper balcony, and dedicated basement storage areas for tenants. The property's flexible layout, updated mechanical systems, and desirable unit configurations position it for continued rental demand in one of Philadelphia's strongest urban submarkets.
Ideally situated along the Girard Avenue commercial corridor, tenants enjoy immediate access to SEPTA transit, the Broad Street Line, Center City, Temple University, Fairmount, Brewerytown, the Philadelphia Museum of Art, and numerous neighborhood restaurants, retail destinations, and employment centers.
Whether you're seeking reliable day-one cash flow, a 1031 exchange opportunity, or a well-located multifamily asset with long-term appreciation potential, 1816 W Girard Avenue offers an attractive combination of location, stability, and investment performance.
48hr notice required for showings. Financials, rent roll, and operating expenses available upon request.
Location
State PA
County Philadelphia
Area 19130 (19130)
Zoning RM1
Rooms
Basement Full
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Inclusions All appliances, including washers, dryers, refrigerators, and dishwashers
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Foundation Stone
Above Ground Finished SqFt 2595
Sewer Public Septic
Water Public
Architectural Style Victorian
Additional Building Above Grade
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 471023200
Ownership Fee Simple
SqFt Source 2595
Special Listing Condition Standard
Nearby School & Business
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