1816 W Girard Ave, Philadelphia, PA 19130

1816 W Girard, a true unicorn in today's multifamily market, is a recently renovated, fully occupied, cash-flowing triplex located on the thriving Girard Avenue corridor in Philadelphia's rapidly growing Francisville neighborhood. This turnkey multifamily asset consists of three spacious 2-bedroom, 1-bathroom apartments, each featuring central air conditioning, natural gas forced-air heating, modern finishes, and in-unit laundry. Extensively renovated in 2020, the property offers investors a rare combination of strong in-place cash flow and limited near-term capital expenditure requirements. Offered at an impressive in-place cap rate of 9.3%, the building is currently 100% occupied by long-term Housing Choice Voucher (Section 8) tenants, with recent tenant renewals providing a proven history of stable occupancy and consistent income. In a market increasingly dominated by low-yield, value-add offerings marketed on projected future returns, 1816 W Girard delivers strong cash flow and...