Address
3112 Frankford Avenue, Philadelphia, PA
Price
$ 499,777
Property Attributes
- MLS#PAPH2177430
- TypeCommercial
- CountyPHILADELPHIA
- CityPhiladelphia
- Area19134
- NeighborhoodFrankford
- Zip19134
- StyleApartment Building
- Year Built1910
- Taxes$ 4827
- Price$ 499,777
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage2730
- Lot Size1,742 SqFt
Data Source:
MRIS
Property Description
Amazing opportunity!!! Add this gem to your portfolio and you will see a 10% Cap Rate. 3112 Frankford Ave consists of 5 legal units and 2,850 sq/ft with newer upgrades throughout even the fire alarm was just upgraded, everything is BRAND NEW with certification received September 2022! Utilities are separate for each unit amongst the building. Tenant is paying electric and cooking gas, owner handles water and heat. Heater is only 5 years old. All units lead safe tested in 2021. Month by month rent: 1F $835, 1R $795, 2F $695, 3F $830, 2R and 1R $800, total $3960 monthly, annual $47520. Up to date rent should be: 1F $940, 1R $800, 2F $830, 2R $800, 3F $900, total $4270 monthly, annual $51,240. Schedule your showing today!!! This property will not last.
| Price History | |
|---|---|
| 2/1/2023 | Listed $499,777 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Hot Water,Radiator |
| Cooling | Wall Unit |
| Possession | Immediate |
| Roof | Flat |
| Zoning | RM1 |
| Construction Materials | Masonry |
| Electric | 100 Amp Service,Circuit Breakers |
| Property SubType | Five Or More Units |
| Tax Year | 2023 |
| Percent Ownership | Fee Simple |
| Cool Fuel | None |
| Business Type | Apartment Building |
| Accessibility | None |
| County | PHILADELPHIA |
| New Construction | No |
| Property Type | Commercial Sale |
| Subdivision Name | FRANKFORD |
| Water Access Y/N | No |
| Total Units | 5 |
| MLS Area | 19134 (19134) |
| Lot Size Square Feet | 1900.00 |
| Waterfront Y/N | No |
| Tax Annual Amount | 4827.0 |
| Vacation Rental Y/N | No |
| Tax Lot | 16 |
Interior Features
| Heating Fuel | Natural Gas,Electric |
|---|---|
| Flooring | Tile/Brick,Laminated |
| Hot Water | Electric |
| Heating Y/N | Yes |
| Central Air Y/N | No |
Exterior Features
| Water Source | Public |
|---|---|
| Type of Parking | On Street |
| Water View Y/N | No |
| Building Area Total | 0.00 |
| Lot Dimensions | 19.00 x 100.00 |
| Lot Size Acres | 0.04 |
| Lot Size Source | Assessor |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 19134
Price
Taxes
Visits
Year Built
Copyright © 2024, Metropolitan Regional Information Systems, Inc. All rights reserved. Information deemed reliable but is not guaranteed. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of MRIS. Information provided is for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Knot6 Real Estate Services, LLC does not display
© BRIGHT, All Rights Reserved
