Outstanding investment opportunity in the heart of Fishtown! 6 RENTAL UNITS, 1 ROW HOME AND 3000sq. ft. COMMERCIAL SPACE. Prime location at E. Girard and Marlborough. 251 E. Girard/1200-20 Marlborough (all one parcel and tax number now): commercial space on first level with 42' of commercial corridor frontage. Six rental units on 2nd and 3rd floors. All currently rented at 1100-1995/month. The building has been totally renovated within the last three years both inside and out combining Tax abatement approved and retroactive to 2016 and goes through 2026. The commercial space approximately (2100 sq. ft.)has been completely renovated over the last year and has all mechanicals in place. It is currently rented for $5500/mo triple net. The apartments are one and two bedroom, tile and hardwood floors, lots of light with laundry located in the common area that is the stair well. This is a highly desirable location for both commercial and residential development. 1204 Marlborough: second building in package is row home with separate tax ID, 1006 square feet with back patio area. Pro Forma is attached in documents.
Listing information provided courtesy of the Bright MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 1st December, 2020 7:47 PM
HOW MUCH CAN I AFFORD?
If you’re asking yourself this question, it may be a good idea to consult our easy-to-use mortgage calculator. Check your estimated payment now!