3112 Frankford Avenue
Philadelphia, PA 19134
- – beds
- – baths
- 2,730 sqft
- 1,900 sqft lot
- $152 per sqft
- 1910 build
Welcome to 3112 Frankford Ave, a fantastic investment opportunity in one of Philadelphia’s rapidly developing neighborhoods! This well-maintained, legally zoned 5-unit building offers a mix of 3 two-bedroom units and 2 one-bedroom unit, with a total projected rental income of $4,330 per month. Currently, 3 of the 5 units are occupied by reliable, paying tenants, providing immediate cash flow for a savvy investor or owner-occupant. Each unit has separate gas and electric meters, with the landlord covering the heating and water costs. Recent updates include newer refrigerators and stoves, a newer heating system, along with a certified fire alarm system for added safety. The property boasts a solid structure and a high basement ceiling, adding value and potential for future enhancements. All essential infrastructure, such as gas and electric meters and fire alarms, are in good condition, ensuring peace of mind for any buyer. This rare twin multi-family building is located near the vibrant Port Richmond and Fishtown neighborhoods, known for their dining, shopping, and cultural attractions. The property is also conveniently close to public transportation, I-95, and other local amenities. With a strong potential for appreciation and rental income in a changing area, this property is a rare find. Please note: the property is being sold in AS-IS condition, and a 48-hour notice is required for showings.
Listing courtesy of BRIGHT / Realty Mark Associates
Last checked:
Checking…
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Last updated Nov 8, 2024
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MLS# PAPH2416312 —
The Building
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Year Built:1910
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Year Built Source:Estimated
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New Construction:No
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Construction Materials:Masonry
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Structure Type:Twin/Semi-Detached
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Architectural Style:Other
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Building Units Total:4
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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:Unfinished
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Total SqFt Source:Estimated
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Total Below Grade SqFt Source:Estimated
Interior
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Fireplace:No
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Living Area SqFt Source:Estimated
Room Dimensions
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Total SqFt:2730
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Living Area SqFt:2,730 Sqft
Financial & Terms
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Sale Type:Standard
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Acceptable Financing:Conventional, Cash
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Possession:Immediate
Location
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Directions:Follow I-95 N to E Westmoreland St. Take exit 25 from I-95 N. Continue on E Westmoreland St. Drive to Frankford Ave
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Cross Street:Clementine St
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Latitude:39.99214935
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Longitude:-75.11247253
The Property
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Property Type:Multi-Family
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Property Subtype:Other
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Lot Size Units:Square Feet
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Lot Size Acres:0.04
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Lot Size Source:Estimated
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Lot SqFt:1,900 Sqft
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Zoning:RM1
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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:CA0
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (267) 808-1970
- Office phone:
- (215) 376-4444
Taxes
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Tax ID Number:881076188
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Tax Year:2024
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Tax Lot:16
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Tax Annual Amount:$4,827
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Tax Assessed Value:$344,900
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Year Assessed:2024
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School Tax:2703.0
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City/Town Tax:2124.00
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Total Taxes Payment Frequency:Annually
Heating & Cooling
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Cooling Type:None
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Central Air:No
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Cooling Fuel:None
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Heating:Yes
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Heating Type:Radiator
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Heating Fuel:Natural Gas
Utilities
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Sewer/Septic:Public Sewer
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Hot Water:Natural Gas
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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
Parking
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Garage:No
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Type of Parking:On Street
Extra Units
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Vacation Rental:No
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One Bedroom Units:1
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Two Bedroom Units:4
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 |
---|---|---|---|---|
11/6/24
Nov 6, 2024
|
Listed / Active | BRIGHT | $417,000 |