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$2,200,000
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Property Description
SCOPE Commercial Real Estate Services, LLC ("SCOPE") is pleased to present the opportunity to acquire 1730-32 W Girard Avenue, a newly renovated twelve-unit multifamily asset located in Philadelphia's vibrant Fairmount neighborhood. This ≈10,000-square-foot property spans two separate buildings on a 3,668-square-foot lot, offering twelve fully occupied residential units with one parking spot Each apartment features high-end finishes, including high ceilings, hardwood flooring, central air, and large windows that allow natural light to flood the interiors. The property benefits from six years remaining on its tax abatement and is situated within a Qualified Opportunity Zone, providing potential tax advantages for investors. Additionally, the property presents a value-add component, with a potential 10.81% increase in rental income by adjusting rents to market rates. 1730-32 W Girard Avenue is ideally located with unparalleled access to the cultural and recreational offerings of Fairmount. Residents enjoy proximity to the Schuylkill River Trail, one of Philadelphia's most popular destinations for jogging, biking, and walking, as well as the vibrant restaurants, bars, and shops lining Fairmount Avenue. The property is also well-connected to public transportation, with the Girard Avenue & Ridge Avenue transit stop just steps away, offering easy access to the Broad Street Line and multiple SEPTA routes. The Fairmount neighborhood is a cultural and residential rental hub, attracting a diverse range of tenants seeking a blend of urban living and community charm. Its proximity to Center City, major universities, and cultural landmarks makes it an ideal location for professionals, students, and families alike. This offering presents a unique opportunity to acquire a stabilized, high-quality asset in one of Philadelphia's most desirable neighborhoods, with significant upside potential through continued strong rental demand and favorable tax incentives.
Full Property Details
Full Property Details for 1730-32 W Girard Ave
General
- Sold For: $2,200,000
- Taxes: $2,399 (2024)
- Status: Closed
- Type: Apartment
- Source: BrightMLSPhilly
- MLS ID: PAPH2439622
- Added to Site: 354 day(s) ago
Business
- Business Type: Apartment Building
Parking
- Parking Type: On Street
Location
- Area: 19130 (19130)
- Municipality: PHILADELPHIA
- County: Philadelphia
- Development Name: Francisville
- Subdivision: Francisville
- Driving Directions: Girard and 17th
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Central
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Septic, Public Sewer
- Water: Public
Structural Information
- Construction: Masonry
- Entry Floor Number: 1
- Stories/Levels: 3
- Year Built: 1915
- Year Built Source: Assessor
Unit Information
- # Tenants: Multiple
- Other Units: Unit 1, Unit 1, Unit 2, Unit 2, Unit 4, Unit 5, Unit 8, Unit 3, Unit 6, Unit 7, Unit 9, Unit 10
Unit 1
- Unit Description: Unit 1
Unit 2
- Unit Description: Unit 10
Unit 3
- Unit Description: Unit 1
Unit 4
- Unit Description: Unit 2
Unit 5
- Unit Description: Unit 2
Unit 6
- Unit Description: Unit 3
Unit 7
- Unit Description: Unit 4
Unit 8
- Unit Description: Unit 5
Unit 9
- Unit Description: Unit 6
Lot Features
- Lot Size (Acres): 0.08
- Lot Size (Sq. Ft.): 3,668
- Lot Size Source: Estimated
- Zoning: RM4
Financial Considerations
- Price Per Sq. Ft.: $210
- Assessment Year: 2025
- School Tax: $1,343
- City/TownTax: $1,055
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $1,547,700
- Tax Amount: $2,399
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 13
Listed by Scope Commercial Real Estate Services, Inc., Joseph M. Loonstyn Jr.
Sold by Elite Level Realty, Denise A Frazier
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Price & Sales History for 1730-32 W Girard Ave
Date
Details
Price
Change
Source
5/05/2025
Sold
$2,200,000
—
MLS
1/29/2025
Listed
$2,200,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1730-32 W Girard Avenue, Philadelphia, PA 19130 (MLS# PAPH2439622) is a Apartment property that was sold at $2,200,000 on May 05, 2025. Want to learn more about 1730-32 W Girard Avenue? Do you have questions about finding other Apartment real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.

