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Investment Highlights

  • Stabilized 5-Unit Multifamily Asset with consistent in-place cash flow
  • Demonstrated Mark-to-Market Opportunity (5% rental upside)
  • Attractive Basis at $160,000 per unit and $175 PSF
  • 7.70% Going-In Cap Rate with 8.10% Stabilized Yield
  • Full 10-Year Philadelphia Tax Abatement
  • 1.39x Debt Coverage Ratio, providing financing stability

Executive Summary

We are pleased to present the exclusive offering of 4107 W Girard Avenue, a 5-unit multifamily investment located in the rapidly improving West Philadelphia corridor. The property consists of a mix of one- and two-bedroom units with large layouts and an average unit size of 913 square feet, providing strong rental demand and operational simplicity.
The asset is currently stabilized with in-place cash flow and offers a clear path to incremental upside through modest rent increases and continued operational efficiencies. With below-market rents across select units, investors can capture additional revenue while maintaining stable occupancy.
The property benefits from a Full 10-Year Philadelphia Tax Abatement that remains in effect through 2032. With more than six years of abatement remaining, ownership enjoys significantly reduced real estate taxes, resulting in stronger in-place cash flow and enhanced investment returns. The remaining abatement period represents a valuable economic benefit to a purchaser, providing a predictable operating expense structure and additional upside compared to comparable assets without tax relief.

Financial Summary (Actual - 2025) Click Here to Access

Annual (CAD) Annual Per AC (CAD)
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Net Operating Income - -

Financial Summary (Actual - 2025) Click Here to Access

Gross Rental Income (CAD)
Annual -
Annual Per AC -
Other Income (CAD)
Annual -
Annual Per AC -
Vacancy Loss (CAD)
Annual -
Annual Per AC -
Effective Gross Income (CAD)
Annual $99,999
Annual Per AC $9.99
Net Operating Income (CAD)
Annual -
Annual Per AC -

Property Facts

Price $1,134,944 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 0.05 AC
Zoning RSA-5 - RSA5-Residential Single Family Attached-5

1 Lot Available

Lot

Price $1,134,944 CAD
Price Per AC $24,672,694.83 CAD
Lot Size 0.05 AC
Very walkable
80/100
Moderately drivable
60/100
Strong public transit
80/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
062177100
Land Assessment
$90,541 CAD (2026)
Improvements Assessment
$814,870 CAD (2026)
Total Assessment
$905,411 CAD (2026)
  • Listing ID: 41155776

  • Date on Market: 2026-07-03

  • Last Updated:

  • Address: 4107 W Girard Ave, Philadelphia, PA 19104

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