Presenting a rare opportunity to acquire a corner, 13-unit mixed-use value-add building in highly sought-after Northern Liberties. Surrounded by new development, this expansive double-wide property is already 85% complete and positioned to achieve Group 4 rents under the Section 8 schedule. Priced below market with significant potential for additional upside, this asset offers an exceptional investment play in one of the area’s most desirable neighborhoods.
-1 building & 1 townhouse -13 units mix of studios to 3 bedrooms -commercial space on Girard Ave -value add 85% completed -area new development -revenue based on Section 8 rent schedule -CMX2 zoning designation
Listed by Richard K Cassell
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License #RS330536
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KW Empower
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2678132985
Last updated March 10, 2026
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Source: BrightMLS #PAPH2581322
Listing Facts
TypeMulti-family
NeighborhoodLudlow
Days on Prevu39
Taxes$16,260/year
Size8,600 sqft
Price per sqft$230
Location
Mortgage Calculator
Listing History
03/04/2026
Price Decreased
$1,975,000
02/05/2026
Listed by KW Empower
$1,995,000
Property Details for 701 W Girard Avenue
Exterior
Construction
New Construction: No
Number Of Units Total: 2
Year Built: 1915
Architectural Style: Traditional
Construction Materials: Masonry
Features
Other Structures: Above Grade, Below Grade
Waterfront: No
Measurements
Lot Dimensions Source: Assessor
Lot Size Acres: 0.07
Lot Size Dimensions: 36
Lot Size Source: Assessor
Lot Size Square Feet: 2,916
Lot Size Units: Square Feet
Financial
Taxes
Tax Annual Amount: $16,260.00
Tax Year: 2025
Interior
Features
Fireplace: No
Measurements
Living Area: 8,600
Living Area Source: Assessor
Other
Location
Subdivision Name: NORTHERN LIBERTIES
Tax Lot: 192
Parking
Parking
Garage: No
Utilities
Equipment
Cooling: Central A/C
Heating: Forced Air
Has Heating: Yes
Sewer: Public Sewer
Water Source: Public
Frequently Asked Questions
How many bedrooms does this multi-family home have?
There is bedrooms in this multi-family home at 701 W Girard Avenue.
What are the annual taxes for 701 W Girard Avenue?
Annual taxes for this multi-family home are estimated at $16,260.
How does 701 W Girard Avenue compare to other multi-family homes in Ludlow?
This multi-family home is listed 111% above the average price for multi-family homes in Ludlow and has been on the market for 83 less days than the typical home in this area.
What is the square footage on this multi-family home?
According to the MLS, this listing is 8,600 sqft.
701 W Girard Avenue is a -bedroom multi-family home for sale in PHILADELPHIA PA 19123. Listed on Prevu for 39 days at $1,975,000. This includes a recent price decrease of $20,000. This residence features 8,600 square feet of living space, located in Ludlow. The median listing price for multi-family homes in this area is $437,000. Explore more multi-family home listings in Philadelphia.
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