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2476-78 Frankford Avenue

PHILADELPHIA, PA 19125
  • $1,548,000
  • STATUS: Active
  • ON SITE: 172 Days
  • ID#: PAPH2105630
UPDATED: 30 min ago
$1,548,000
  • 0
    BEDS
  • 0.03
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
2013
County:

School Ratings & Info

Description

JBMP Group is pleased to extend to qualified investors the opportunity to acquire 2476-78 Frankford Ave, a 6 unit value-add development located in the heart of Fishtown, Philadelphia. The Property presents the unique opportunity to acquire a well located, cash flowing investment with significant upside potential located in the highly sought after 19125 zip code. The Property is perfectly positioned in the market as a convenient and affordable option for graduate students and young professional renters as rates in 19125 continue to increase dramatically year-over-year. The new owner will have the opportunity to complete cosmetic updates on the units with minor layout changes to increase the rent roll to market rates. The unit mix consists of four (4) two bedroom units, and two (2) three bedroom units. Each unit in the proposed renovation plan would remove a bedroom and bathroom, bringing the layouts up to market expectations with an open-concept floorplan and modern finishes. Virtual tours in the media section; OM available on request. 24 hour notice for all tours.

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©2022 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 Realty World - We Get Results. 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: 2022-10-06T19:54:29.397.
www.realtyworldgetsresults.com/homes/127771313
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2476-78 Frankford Avenue PHILADELPHIA, PA 19125

  • Price: $1,548,000
  • Status: Active
  • On Site: 172 Days
  • Updated: 30 min ago
  • ID#: PAPH2105630
0
Beds
0
Baths
0
½ Baths
0.03
Acres
2013
Built
Neighborhood:
19125 (19125)
County:
Philadelphia
Area:
19125 (19125)
School District:
The School District Of Philadelphia
Property Description
JBMP Group is pleased to extend to qualified investors the opportunity to acquire 2476-78 Frankford Ave, a 6 unit value-add development located in the heart of Fishtown, Philadelphia. The Property presents the unique opportunity to acquire a well located, cash flowing investment with significant upside potential located in the highly sought after 19125 zip code. The Property is perfectly positioned in the market as a convenient and affordable option for graduate students and young professional renters as rates in 19125 continue to increase dramatically year-over-year. The new owner will have the opportunity to complete cosmetic updates on the units with minor layout changes to increase the rent roll to market rates. The unit mix consists of four (4) two bedroom units, and two (2) three bedroom units. Each unit in the proposed renovation plan would remove a bedroom and bathroom, bringing the layouts up to market expectations with an open-concept floorplan and modern finishes. Virtual tours in the media section; OM available on request. 24 hour notice for all tours.
Exterior Features

Construction Materials Masonry Garage YN No 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 5400.00 Cooling Central A/C Heating Central Heating YN Yes Net Square Feet 5400.00

Property Features

Accessibility Features None Assessment Year 2022 Business Type Apartment Building Central Air YN Yes Cooling Fuel Electric Heating Fuel Natural Gas Hot Water Electric Municipality Philadelphia Navigable Water YN N New Construction YN No Number Of Units Total 3 Original MLSNumber 801484688306 Ownership Interest Fee Simple Possession 0-30 Days Cd31-60 Days Cd Property Sub Type Five Or More Units Sale Type Standard Sewer Public Sewer Tax Annual Amount 1718.00 Tax Assessment Amount 122775.00 Tax Lot 22 Vacation Rental YN No Water Source Public Zoning Cmx2

Listing courtesy of Jbmp Group: .


©2022 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 Realty World - We Get Results. 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: 2022-10-06T19:54:29.397.
 
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