1816 W GIRARD AVENUE Overview
- Time on Site:
- 11 days
- Visits:
- 0
1816 W Girard, a true unicorn in today's multifamily market, is a recently renovated, fully occupied, cash-flowing triplex located on the thriving Girard Avenue corridor in Philadelphia's rapidly growing Francisville neighborhood. This turnkey multifamily asset consists of three spacious 2-bedroom, 1-bathroom apartments, each featuring central air conditioning, natural gas forced-air heating, modern finishes, and in-unit laundry. 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.
1816 W GIRARD AVENUE Facts & Features
- Type Multi-Family
- Sq. ft. 2,595
- Price/Sq.ft. $304
- Lot 0.03 Acres
Details
General
Income/Expenses
- Existing Lease Type: Long Term,Gross
Listing Information
- Real Estate Owned: No
- Short Sale: No
Building Information
- New Construction: No
- Pool: No Pool
- Total SQFT: 2595
- Year Built: 1915
Location/Region
- Country: US
- County: PHILADELPHIA
- County Or Parish: PHILADELPHIA
- MLS Area Major: 19130 (19130)
- Subdivision Name: FRANCISVILLE
Parking Information
- Type of Parking: On Street
Tax Information
- County Tax Payment Frequency: Annually
- School Tax: 3313.00
- Tax Annual Amount: $5,916.00
- Tax Assessed Value: 422700.00
- Tax Year: 2026
General Information
- Inclusions: All appliances, including washers, dryers, refrigerators, and dishwashers
- Property Condition: Excellent
- Property Sub Type: Triplex
- Property Type: Multi-Family
- Rent Control: No
- School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
- Special Listing Conditions: Standard
- Vacation Rental: No
- Zoning: RM1
Unit Information
- Other Units: Unit 1,Unit 1,Unit 1
Interior
Building Information
- Cooling Fuel: Electric
- Heating Fuel: Natural Gas
Parking Information
- Garage: No
Building Exterior/Construction
- Structure Type: Interior Row/Townhouse
Building Interior
- Above Grade Finished Area: 2595
- Above Grade Finished Area Source: Assessor
- Above Grade Finished Area Units: Square Feet
- Central Air: Yes
- Hot Water: Natural Gas
General Information
- Accessibility Features: None
- Cooling: Central A/C
- Foundation Details: Stone
- Living Area: 2595
- Living Area Source: Assessor
- Rooms Total: 12
- Stories Total: 3
Unit Information
- One Bedroom Units Count: 0
- Single Room Units Count: 0
- Three Bedroom Units Count: 0
- Two Bedroom Units Count: 3
Exterior
Lot Information
- Lot Size Source: Estimated
- Lot Size Square Feet: 1307.00
- Lot Size Units: Square Feet
- Water Source: Public
Waterfront/View
- Water Oriented: No
- Water View: No
- Waterfront: No
Building Exterior/Construction
- Architectural Style: Victorian
- Construction Materials: Masonry
General Information
- Number Of Units Leased: 3
- Number Of Units Total: 3
- Number Of Units Vacant: 0
- Other Structures: Above Grade
- Sewer: Public Septic
- Water Access: No
Unit Information
Unit 1 Details
- Unit Type: Unit 1
- Beds Total: 2
Unit 2 Details
- Unit Type: Unit 1
- Beds Total: 2
Unit 3 Details
- Unit Type: Unit 1
- Beds Total: 2
1816 W GIRARD AVENUE Neighborhood
Community
19130 (PHILADELPHIA) Demographics
1816 W GIRARD AVENUE Monthly Cost
1816 W GIRARD AVENUE Market Data
Based on the last 30 days in this zip code
1816 W GIRARD AVENUE History
| Date | Value | Agent |
|---|---|---|
| 6/19/2026Source: BRIGHT MLS | ACTIVE |
|
| 6/18/2026Source: BRIGHT MLS | June 18, 2026 |
|
| 12/3/2024Source: BRIGHT MLS | August 10, 2021 |
|
| 12/3/2024Source: BRIGHT MLS | August 12, 2021 |
Contact Information: [email protected] - 2674358015
