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2427 Frankford Avenue

PHILADELPHIA, PA 19125
  • $789,000
  • STATUS: Active
  • ON SITE: 18 Days
  • ID#: PAPH2293298
UPDATED: 59 min ago
$789,000
  • 0
    BEDS
  • 0.02
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,803
    SQFT
  • $438
    $/SQFT
Neighborhood:
Type:
Multi-Family
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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©2023 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 RE/MAX Main Line. 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: 2023-12-03T14:51:07.997.
www.tomtoole.com/homes/145241850
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2427 Frankford Avenue PHILADELPHIA, PA 19125

  • Price: $789,000
  • Status: Active
  • On Site: 18 Days
  • Updated: 59 min ago
  • ID#: PAPH2293298
0
Beds
0
Baths
0
½ Baths
0.02
Acres
1,803
SQFT
$438
$/SQFT
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

Architectural Style Unit/Flat Construction Materials Masonry Garage YN No Parking Features FreePublic Parking Types On Street Pool No Pool Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 1803 Appliances Built-In MicrowaveDishwasherStainless Steel AppliancesWasher/Dryer StackedOven/Range - GasRefrigerator Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Ductless/Mini-Split Exclusions Tenant personal belongings Fireplace YN No Flooring Hardwood Heating Hot Water Heating YN Yes Inclusions Appliances in as is condition Single Room Units 1 Three Bedroom Units 0 Two Bedroom Units 0

Property Features

Acceptable Financing CashConventionalFHAVA Accessibility Features None Assessment Year 2023 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 Leased 3 Number Of Units Total 3 Number Of Units Vacant 0 Operating Expense Includes TrashInsurance Original MLSNumber 802708188382 Ownership Interest Fee Simple Possession Settlement Property Sub Type Triplex Rent Control YN No Sale Type Standard Sewer Public Sewer Structure Design Type Interior Row/Townhouse 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: .


©2023 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 RE/MAX Main Line. 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: 2023-12-03T14:51:07.997.
 
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