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Located in the red-hot Wynnefield neighborhood, and with beautiful old-world charm and character, the Gainor is your perfect investment opportunity. 36 units that are always occupied (two units are being turned over at present), so keep the building as-is or add value with improvements to match the neighborhood improvements. This c. 1926 building is professionally managed and has had the same owners for the past 36 years. Just three blocks from St Joes, there is new construction and rehabs everywhere you look. The Gainor consists of 23, one-bedroom units and 13 studios. Elevator building, large on-site laundry room. Quick walk to the Septa Regional rail via Center City. Numerous Bus Stop to Center City, KOP Mall, etc. Shopping along City Avenue. Solid rental history.

Listing IDPAPH2048920
Sold For$3,500,000
Price/SqFt$169.57
StatusCLOSED
Sold Date3/03/2022
SqFt 20,640
Acres 0.230
CountyPhiladelphia
SubdivisionWYNNEFIELD
Year Built1926
Property TypeCommercial Sale
Property Sub TypeFive Or More Units

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Elfant Wissahickon Realtors
Address: 8039 Germantown Ave
Philadelphia, PA 19118-3434
United States
Phone: 215-247-3600

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