Description
The Girard Collection: Newly renovated boutique triplex property for sale on Brewerytown's booming commercial corridor, Girard Avenue. This prime Philadelphia real estate offering is available now+GGindividually with 2825 Girard (4 units) next door, or purchased on its own. UNITS: Commercial ground floor + 2 two-bedroom apartments above. Fully leased, turnkey asset+GGideal for 1031 exchange or owner occupant using 5% down payment financing. 6.43% cap rate. Enquire within for 5% down financing options. Fannie Mae has announced that, starting from the weekend after November 18, 2023, it will accept 5% down payments for owner-occupied 2-, 3-, and 4-unit homes. This marks a departure from the previous multifamily financing requirement of 15-25% down payments for duplexes, triplexes, and four-plexes. This new option presents a great opportunity for individuals looking to invest in multifamily homes while also enjoying the benefits of homeownership. Prospective owner-landlords can now afford these properties more easily, thanks to the reduced down payment requirement by Fannie Mae. LOCATION: Walkable to popular breweries, shops, boutiques, cafes and restaurants lining Girard Avenue, as well as Whole Foods, Fairmount & Spring Garden areas, Fairmount Park, Boathouse Row and the Philadelphia Museum of Art.
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0BEDS
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0.04ACRES
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0BATHS
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01/2 BATHS
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3,484SQFT
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$258$/SQFT
Description
The Girard Collection: Newly renovated boutique triplex property for sale on Brewerytown's booming commercial corridor, Girard Avenue. This prime Philadelphia real estate offering is available now+GGindividually with 2825 Girard (4 units) next door, or purchased on its own. UNITS: Commercial ground floor + 2 two-bedroom apartments above. Fully leased, turnkey asset+GGideal for 1031 exchange or owner occupant using 5% down payment financing. 6.43% cap rate. Enquire within for 5% down financing options. Fannie Mae has announced that, starting from the weekend after November 18, 2023, it will accept 5% down payments for owner-occupied 2-, 3-, and 4-unit homes. This marks a departure from the previous multifamily financing requirement of 15-25% down payments for duplexes, triplexes, and four-plexes. This new option presents a great opportunity for individuals looking to invest in multifamily homes while also enjoying the benefits of homeownership. Prospective owner-landlords can now afford these properties more easily, thanks to the reduced down payment requirement by Fannie Mae. LOCATION: Walkable to popular breweries, shops, boutiques, cafes and restaurants lining Girard Avenue, as well as Whole Foods, Fairmount & Spring Garden areas, Fairmount Park, Boathouse Row and the Philadelphia Museum of Art.
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