Description
Fantastic investment opportunity on busy West Girard Ave. corridor in booming Brewerytown/Fairmount. This 3-story shell is zoned RM-1 and sits on a 15x67 lot. Ideal for multi-family or condo conversion. Traditional brick fa+-ade with high ceilings, 3 large bedrooms on the 2nd floor and 2 more bedrooms on the 3rd floor. Create (2) 3-bedroom units by finishing the lower level and expanding the 3rd floor. 3-bedroom rents approaching $2,000/month or almost $4,000/monthly gross income total for the property. Phenomenal buy and hold long-term investment or convert to condos and sell for a profit. Tons of development all around and strategically located at the doorstep of the West Girard Ave. commercial zone. A+ location with easy access to Fairmount Park, 76, The Parkway & Center City. Easy to show, schedule your showing today!
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5BEDS
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0.02ACRES
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1BATHS
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01/2 BATHS
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1,785SQFT
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$182$/SQFT
Description
Fantastic investment opportunity on busy West Girard Ave. corridor in booming Brewerytown/Fairmount. This 3-story shell is zoned RM-1 and sits on a 15x67 lot. Ideal for multi-family or condo conversion. Traditional brick fa+-ade with high ceilings, 3 large bedrooms on the 2nd floor and 2 more bedrooms on the 3rd floor. Create (2) 3-bedroom units by finishing the lower level and expanding the 3rd floor. 3-bedroom rents approaching $2,000/month or almost $4,000/monthly gross income total for the property. Phenomenal buy and hold long-term investment or convert to condos and sell for a profit. Tons of development all around and strategically located at the doorstep of the West Girard Ave. commercial zone. A+ location with easy access to Fairmount Park, 76, The Parkway & Center City. Easy to show, schedule your showing today!
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