For Sale Triplex MLS# PAPH2673070

1503 W GIRARD AVE

PHILADELPHIA, PA 19130

$650,000

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About 1503 W GIRARD AVE

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.

Property details

Property

Type
Triplex
MLS type
Triplex
Status
Active
Year built
1915
Living area
4,312 sqft
Price / sqft
$151
Lot
0.06
Original price
$650,000
MLS #
PAPH2673070

Interior

Features
Central A/C, true, Forced Air, Natural Gas, Shared, Partially finished, Other
Heating
true, Forced Air
Cooling
Central A/C
Laundry
Shared

Exterior & lot

Features
Other, Above Grade, Below Grade
Construction
Masonry, Brick/Mortar
Foundation
Brick/Mortar
Lot
RM4, 471025400

Schools

District
Philadelphia City School District

Utilities

Utilities
Public Sewer, Public
Water
Public
Sewer
Public Sewer

Financial

Financial
BRIGHT_MAIN
Annual tax
$11,523
Tax year
2026
Parcel
471025400

Location

Subdivision
FRANCISVILLE
Area
19130 (19130)
County
PHILADELPHIA-PA
Neighborhood
North Central
Community
PHILADELPHIA-PA, BRIGHT_MAIN, THE SCHOOL DISTRICT OF PHILADELPHIA
Directions
GPS

Location

Neighborhood
North Central
Subdivision
FRANCISVILLE
School district
Philadelphia City School District

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Listed by Lara Ertwine, SERHANT PENNSYLVANIA LLC

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.