2557 Amber Street
Philadelphia, PA 19125
- – beds
- – baths
- 3,609 sqft
- 1,306 sqft lot
- $207 per sqft
- 1875 build
With over 25 feet of frontage along Frankford Avenue’s bustling Business Corridor, 2557 Amber Street offers an amazing opportunity to own an income-producing asset in Fishtown / East Kensington. Surrounded by new construction, new businesses, and even more on the horizon, this property stands out due to its LARGE 28’ x 75’ footprint, mixed-use CMX2 zoning, and classic Philly character. The first floor commercial space and facade was fully renovated in 2019 with many significant improvements, including commercial windows and doors, new water and electrical service, ADA-compliant entrance ramp and customer bathroom, new HVAC, kitchen, and retail area with modern finishes. The space is currently occupied by Hello Donuts on a NNN lease, with the potential for an investor or owner-operator to launch a new venture in the future. Two full-floor loft-style apartments occupy the 2nd and 3rd levels of the building, featuring hardwood floors, in-unit laundry, central air, modern kitchens and baths, and large windows that give each unit tons of natural light. Both units have a strong rental history and are leased through August 2025. As an added bonus, the property was recently reassessed and the taxes for 2025 will be DECREASED by $2000. Buyer and buyer's agent to verify 2024/2025 taxes and square footage.
Listing courtesy of BRIGHT / BHHS Fox & Roach The Harper at Rittenhouse Square
Last checked:
Checking…
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Last updated Sep 20, 2024
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MLS# PAPH2385204 —
The Building
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Year Built:1875
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Year Built Source:Assessor
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New Construction:No
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Construction Materials:Masonry
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Structure Type:Interior Row/Townhouse
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Architectural Style:Other
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Building Units Total:3
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Accessibility Features:None
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Foundation Details:Brick/Mortar, Stone
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Basement:Yes
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Basement Type:Full, Unfinished
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Total SqFt Source:Assessor
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Total Below Grade SqFt Source:Assessor
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Tax Total Finished SqFt:3609
Interior
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Flooring Type:Tile/Brick, Wood
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Fireplace:No
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Living Area SqFt Source:Assessor
Room Dimensions
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Total SqFt:3609
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Living Area SqFt:3,609 Sqft
Financial & Terms
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Sale Type:Standard
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Acceptable Financing:Cash, Conventional, Negotiable
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Possession:61-90 Days CD
Location
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Directions:On the corner of Frankford and Amber sts
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Cross Street:FRANKFORD AVE
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Latitude:39.98445000
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Longitude:-75.12444000
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Location Type:Downtown
The Property
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Property Type:Multi-Family
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Property Subtype:Triplex
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Lot Size Units:Square Feet
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Lot Size Acres:0.03
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Lot Size Source:Estimated
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Lot Size Dimensions:28.00 x 75.00
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Lot Dimensions Source:Assessor
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Lot SqFt:1,306 Sqft
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Exclusions:Current Tenant Property
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Zoning:CMX2
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Road Responsibility:Boro/Township, State
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Other Structures:Above Grade, Below Grade
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Water View:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Land Use Code:Y50
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Ground Rent Exists:No
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Riparian Rights:No
Listing Agent
- Contact info:
- Office phone:
- (215) 546-0550
Taxes
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Tax ID Number:871541000
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Tax Year:2025
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Tax Lot:221
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Tax Annual Amount:$4,799
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Tax Assessed Value:$500,000
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Year Assessed:2023
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School Tax:3840.0
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City/Town Tax:3158.00
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Total Taxes Payment Frequency:Annually
The Listing
Heating & Cooling
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Cooling Type:Central A/C
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Central Air:Yes
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Cooling Fuel:Electric
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Heating:Yes
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Heating Type:90% Forced Air
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Heating Fuel:Natural Gas
Utilities
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Utilities:Water Available, Sewer Available, Natural Gas Available, Electric Available
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Sewer/Septic:Public Sewer
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Hot Water:Electric
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Water Source:Public
Schools
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School District Name:The School District Of Philadelphia
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School District Source:Listing Agent
The Community
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Pool:No Pool
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Association Recreation Fee:No
Parking
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Garage:No
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Type of Parking:On Street
Extra Units
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Other Units:Unit 1,Unit 2,Unit 3
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Vacation Rental:No
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Units Furnished:None
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Single Room Units:2
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
9/4/24
Sep 4, 2024
|
Listed / Active | BRIGHT | $750,000 |