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240 E Girard 42 Ave, Philadelphia, PA, 19125

9beds
--baths
10,505sqft
$2,100,000
$200price/sqft
$14,335/moest. monthly cost
$573,400/yrincome needed

About This Home

Offering the unique opportunity to acquire the fee simple interest in 2301 Frankford Avenue and 240 E. Girard Avenue (the “Properties” or “Portfolio”). The Portfolio is comprised of two newly renovated mixed-use apartment buildings in the Fishtown Neighborhood of Philadelphia. The Properties, in prime locations, comprises (14) one-bedroom units and (1) two-bedroom unit, boasting high-end finishes including stainless steel appliances, stone countertops, LVT flooring, subway tile backsplashes, and sleek white shaker-style cabinetry. Furthermore, these luxury units feature Central HVAC, in-unit washer/dryer, and oversized windows. Current and future tenants live in the middle of it all on Frankford Avenue and Girard Avenue, thriving retail corridors in the heart of Fishtown. The Portfolio is a short walk to award-winning restaurants and cafes such as WM Mulherin’s Sons, LMNO, Suraya, Kalaya, La Colombe, and Pizzeria Beddia. The commercial spaces are on well-located corners. The 1,398-square foot unit at 2301 Frankford Avenue is occupied by Cormorant Corner Bar, a well-trafficked neighborhood establishment offering craft beer and cocktails to local residents and young professionals. The Portfolio is transit-oriented, located minutes from major thoroughfares including I-76, I-676, and I-95, providing unparalleled access to the Philadelphia MSA. Furthermore, SEPTA train stations at Girard Avenue and Dauphin Street are a short walk, carrying commuters into Center City and the Philadelphia Suburbs via the Market-Frankford Train Line. Tenants at 240 E. Girard Avenue and 2301 Frankford Avenue enjoy all that Fishtown has to offer without compromising comfort, quality finishes, or access to the rest of the Philadelphia MSA.

Getting Around

95
WalkingWalker's Paradise
67
TransitGood Transit
92
BikeBiker's Paradise

Schools

6/10
Adaire Alexander SchoolGrades K-80.2 mi
3/10
Penn Treaty Middle SchoolGrades 6-120.4 mi

Construction

Condition

  • Year built: 1915

Materials

  • Construction materials: Masonry

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Gas Water Heater

Basement

  • Area: 0

Bedrooms & Bathrooms

  • Bedrooms: 9

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air,Natural Gas

Interior Area

  • Total structure area: 10,505
  • Total interior livable area: 10,505 sqft

Property

Accessibility

  • Accessibility features: Accessible Elevator Installed

Details

  • Parcel number: 881806407
  • Zoning: CMX2
  • Special condition: Standard

Features

  • Pool features: None

Lot

  • Lot size: 2,575 sqft
  • Lot size dimensions: 35.00 x 74.00

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
  • Cold Wave
    Cold WaveModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Cold Wave
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 $10,618$127,416
Home Insurance *$1,078$12,936
Property Taxes $1,487$17,844
Electricity $1,152$13,831
Total$14,335$172,020
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$491,485/yr
40% on housing$430,050/yr
45% on housing$382,266/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

$200This listing

vs Other Active Listings

Avg $/sqft

ZIP 19125$215
Philadelphia County$162

vs Homes Sold Last Month

Median $/sqft

ZIP 19125$235
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
2026-03-25Listed for sale$2,100,000
2025-09-02Listing removed$2,417,000
2025-08-29Listed for sale$2,417,000
2025-05-07Pending sale$2,417,000
2025-01-17Price change$2,417,000
2024-11-25Listed for sale$2,750,000

For Sale by Agent

AgentAlex Prince
BrokerageTCS Management, LLC

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