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Gregory & Stephanie Ireland

gregory@theirelandgroup.net +1(202) 550-0018

Listed by Lara Ertwine • SERHANT PENNSYLVANIA LLC

$ 650,000

Est. payment | -/mo

4,312 SqFt

Save

$ 650,000

Est. payment | -/mo

Save

4,312 SqFt

Key Details

Property Type Multi-Family, Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 4,312 sqft

Price per Sqft $150

Subdivision Francisville

MLS Listing ID PAPH2673070

Style Other

Abv Grd Liv Area 4,312

Year Built 1915

Annual Tax Amount $11,523

Tax Year 2026

Lot Size 2,700 Sqft

Acres 0.06

Lot Dimensions 18x150

Property Sub-Type Interior Row/Townhouse

Source BRIGHT

Property Description

A rare opportunity for the savvy investor to acquire a fully occupied, income-producing triplex with a compelling future value-add component in the heart of Francisville. What truly sets this apart is the 150-foot-deep, street-to-street parcel extending from Girard to W Flora Street. With RM-4 zoning, the depth and rear frontage may present an exciting opportunity to explore subdivision and additional development along Flora Street, subject to zoning, subdivision, and City approvals. The existing triplex generates $63,984 in annual gross rental income and consists of three well-maintained, updated units, each featuring central air conditioning. All three units are currently furnished and leased on flexible three- to six-month terms, with the furniture included in the sale. A new owner can continue the current furnished rental strategy or transition the units to traditional long-term leases as existing leases expire. The location is just one block to Broad St. and convenient subway access, the property offers exceptional connectivity to Center City, Temple University, and surrounding neighborhoods, creating a strong rental location for students, professionals, commuters, and longer-term residents alike. For investors looking to scale, 1501 W Girard Avenue, the neighboring six-unit property, is also separately available. Together, the two properties offer the opportunity to acquire nine existing units across adjoining properties, while potentially unlocking additional value from the unusually deep, street-to-street parcels and Flora Street frontage. Existing cash flow today, flexibility in rental strategy, and a potential development play for tomorrow, offering multiple paths to create long-term value in one acquisition.

Location

State PA

County Philadelphia

Area 19130 (19130)

Zoning RM4

Rooms

Basement Partially Finished, Other

Interior

Hot Water Electric

Heating Forced Air

Cooling Central A/C

Inclusions All appliances and furniture owned by the seller, all in as-is condition

Heat Source Natural Gas

Laundry Shared

Exterior

Water Access N

Accessibility None

Garage N

Private Pool No

Building

Lot Description Rear Yard, Subdivision Possible

Foundation Brick/Mortar

Above Ground Finished SqFt 4312

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 471025400

Ownership Fee Simple

SqFt Source 4312

Special Listing Condition Standard

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(202) 550-0018

gregory@theirelandgroup.net

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1503 W GIRARD AVE Philadelphia, PA 19130