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2427 Frankford Avenue

PHILADELPHIA, PA 19125
  • $656,000
  • STATUS: Active
  • ON SITE: 101 Days
  • ID#: PAPH2298362
UPDATED: 76 min ago
$656,000
  • 0
    BEDS
  • 0.02
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
2017
County:

School Ratings & Info

Description

4 YEARS left on TAX ABATEMENT! 2426 Frankford is also available with an opportunity to bundle both properties. This stunning triplex is located in a prime location on Frankford Avenue. The building is comprised of a first-floor commercial space and two residential units on the upper levels (two 1BR/1BA units). Each unit is outfitted with contemporary finishes including hardwood and tile flooring, recessed lighting, stainless steel appliances, and more. The building is fully-occupied and perfect for a savvy investor or someone looking to occupy one unit and use the rental income to cover their mortgage! With convenient access to public transportation and major highways, it's a commuters' dream. Not to mention that everything you could need is within walking distance! Favorite eateries & nighttime fun like Martha, Philadelphia Brewing Company, and Circles & Squares; Tons of parks to enjoy the outdoors including Konrad Square and Norris Square.

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©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or New Home Team of Maryland | RE/MAX Distinctive. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-02-26T23:52:57.307.
www.newhometeammd.com/homes/145351532
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2427 Frankford Avenue PHILADELPHIA, PA 19125

  • Price: $656,000
  • Status: Active
  • On Site: 101 Days
  • Updated: 76 min ago
  • ID#: PAPH2298362
0
Beds
0
Baths
0
½ Baths
0.02
Acres
2017
Built
Neighborhood:
19125 (19125)
County:
Philadelphia
Area:
19125 (19125)
School District:
The School District Of Philadelphia
Property Description
4 YEARS left on TAX ABATEMENT! 2426 Frankford is also available with an opportunity to bundle both properties. This stunning triplex is located in a prime location on Frankford Avenue. The building is comprised of a first-floor commercial space and two residential units on the upper levels (two 1BR/1BA units). Each unit is outfitted with contemporary finishes including hardwood and tile flooring, recessed lighting, stainless steel appliances, and more. The building is fully-occupied and perfect for a savvy investor or someone looking to occupy one unit and use the rental income to cover their mortgage! With convenient access to public transportation and major highways, it's a commuters' dream. Not to mention that everything you could need is within walking distance! Favorite eateries & nighttime fun like Martha, Philadelphia Brewing Company, and Circles & Squares; Tons of parks to enjoy the outdoors including Konrad Square and Norris Square.
Exterior Features

Construction Materials Masonry Garage YN No Parking Features Public Parking Types On Street Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 1803.00 Cooling Ductless/Mini-Split Exclusions Tenant personal belongings Flooring Hardwood Heating Hot Water Heating YN Yes Net Square Feet 2169.00

Property Features

Acceptable Financing CashConventionalFHAVA Accessibility Features None Assessment Year 2023 Business Type Apartment BuildingProfessional Central Air YN No Cooling Fuel Electric Foundation Details Permanent Gross Income 49134.00 Heating Fuel Natural Gas Hot Water Natural Gas Municipality PHILADELPHIA Navigable Water YN N Net Operating Income 39379.00 New Construction YN No Number Of Units Total 3 Original MLSNumber 802737482036 Ownership Interest Fee Simple Possession Settlement Property Sub Type Mixed Use Sale Type Standard Sewer Public Sewer Tax Annual Amount 1103.00 Tax Assessment Amount 78800.00 Tax Lot 150 Total Actual Rent 51720.00 Trash Expense 300.00 Utilities Natural Gas AvailableWater AvailableSewer Available Vacation Rental YN No Water Source Public Zoning CMX2

Listing courtesy of JG Real Estate LLC: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or New Home Team of Maryland | RE/MAX Distinctive. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-02-26T23:52:57.307.
 
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