Hot Property!

Save to Favorites
Print
Share
PRICE $417,000 dsIDX morgage calculator
SIZE n/a
LOT SIZE 1,743 sqft

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.

DAYS ON MARKET 16 LAST UPDATED 11/7/2024
YEAR BUILT 1910 COMMUNITY 19134 (19134)
COUNTY PHILADELPHIA STATUS Active
PROPERTY TYPE(S) Commercial


ADDITIONAL DETAILS
AREA 19134 (19134)
HEAT Natural Gas
LOT 1742 sq ft
LOT DIMENSIONS 19.00 x 100.00
PARKING On Street
SEWER Public Sewer
TAXES 4827
WATER Public
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

0
P
I
*Estimate only

SATELLITE VIEW



 
CONTACT US ABOUT 3112 FRANKFORD AVENUE
 / 
We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Todd Stonesifer to contact you even if your name is on a Federal or State "Do not call List".

Listing provided by Realty Mark Associates

All information provided is deemed reliable but is not guaranteed and should be independently verified. No reproduction, distribution, or transmission of the information at this site is permitted without the written permission from the MLS Participant.
IDX information is provided exclusively for consumer’s personal,non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

This IDX solution is (c) Diverse Solutions 2024.