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120 W Girard Ave, Philadelphia, PA, 19123

2beds
3baths
1,980sqft
$475,000
$240price/sqft
$3,661/moest. monthly cost
$146,440/yrincome needed

About This Home

Investment Property for Sale in Northern Liberties, **Prime Opportunity for Investors and Entrepreneurs!** Discover an exceptional investment property located in the vibrant Northern Liberties section of Philadelphia. This three-unit building offers two beautifully remodeled 1 bedroom residential spaces and one thriving commercial space, making it the perfect addition to your portfolio. **Property Highlights:** - **Two Remodeled Residential Units:** Modern finishes and updated amenities provide comfortable living spaces that are highly desirable for renters. Separate utilities and laundry hookups in each unit. - **Commercial Space with Long-Term Tenant:** Benefit from a stable income stream with a reliable long-term commercial tenant already in place. - **Impressive Annual Income:** Collect over $43,000 per year in rental income. Let the residential units cover your mortgage while you focus on your business. **Location Benefits:** - Situated in the heart of Northern Liberties, known for its trendy restaurants, boutiques, and cultural attractions. - Convenient access to public transportation and major highways, making it an ideal location for residents and businesses alike. Don't miss out on this lucrative opportunity! Invest in a property that promises both immediate returns and long-term growth.

Getting Around

97
WalkingWalker's Paradise
69
TransitGood Transit
98
BikeBiker's Paradise

Schools

6/10
Adaire Alexander SchoolGrades K-80.4 mi
3/10
Penn Treaty Middle SchoolGrades 6-120.6 mi

Construction

Condition

  • Property condition: Very Good
  • Year built: 1927

Materials

  • Foundation: Stone
  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Architectural style: Other
  • Property subType: Townhouse

Interior

Appliances

  • Appliances included: Microwave,Self Cleaning Oven,Refrigerator,Washer,Dryer,Gas Water Heater

Basement

  • Has basement: Yes
  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 3

Heating & Cooling

  • Heating features: Radiator,Natural Gas
  • Cooling features: Wall Unit(s),Electric

Interior Area

  • Total structure area: 1,980
  • Total interior livable area: 1,980 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 871510290
  • Zoning: COMM
  • Special condition: Standard

Features

  • Pool features: None
  • Exterior features: Lighting,Flood Lights,Rain Gutters,Sidewalks,Street Lights

Lot

  • Lot size: 960 sqft

Parking

  • Parking features: On Street
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveRelatively High
  • Coastal Flooding
    Coastal FloodingModerate
  • Cold Wave
    Cold WaveModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Coastal Flooding
Cold Wave
Winter Weather
Tsunami

FEMA Declared Disasters Across Pennsylvania Counties

Flood
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,401$28,812
Home Insurance *$482$5,784
Property Taxes $554$6,648
Electricity $224$2,692
Total$3,661$43,932
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$125,520/yr
40% on housing$109,830/yr
45% on housing$97,626/yr

Pennsylvania FAIR Plan Programs

Insurance Placement Facility of Pennsylvania/FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 8,982Commercial: 984
Total Premiums$5.34M
Total Exposure$1.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 5.5%
5.5%
0%30.0%
Electricity Growth Rate10-year average: 8.4%
8.4%
0%15.0%
Property Taxes Growth Rate2-year average: -0.5%
-0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$240This listing

vs Other Active Listings

Avg $/sqft

ZIP 19123$316
Philadelphia County$162

vs Homes Sold Last Month

Median $/sqft

ZIP 19123$302
Philadelphia County$236

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-05-12Pending sale$475,000
2026-04-23Price change$475,000
2026-02-19Listed for sale$485,000
2025-11-22Listing removed$499,000
2024-11-15Price change$499,000
2024-08-23Price change$524,900
2024-07-24Listed for sale$549,900
2019-03-05Listing removed$1,175
2018-12-31Price change$1,225
2018-11-20Listed for rent$1,275
2012-05-02Listing removed$800
2012-03-22Price change$800
2012-02-21Price change$850
2012-01-05Price change$875
2011-11-30Listed for rent$900
2003-04-29Sold$110,000

For Sale by Agent

AgentEdward McDonald
BrokerageRe/Max One Realty

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