2476 FRANKFORD AVENUE

PHILADELPHIA, PA, 19125

$1,548,000

$286 per ft²
$1,548,000
$286 per ft²
Active
Active
 - For Sale
carpenters-square
5,400 ft²
property_type
Commercial
calendar
Built 2013
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.
MLS® ID:
PAPH2105630
Updated:
7/3/22

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Cooling
Central A/C
Heating
Central

Exterior/Building Features

Lot Size
1,270 ft² lot
Sewer
Public Sewer

School Information

School District
THE SCHOOL DISTRICT OF PHILADELPHIA

Other Property Details

Area Name
19125 (19125)
Taxes
$1718.00
Tax Frequency
per YEAR
Garage
No
Parking
N
View
N
County
PHILADELPHIA
Water Source
Public
Pool
No
Zoning
CMX2

Property History

Date
Event
Price
Value
6/26/22
Price Change
$1,548,000
0%
6/26/22
Price Change
$1,549,000
103%
6/26/22
Price Change
$1,495,000
-9%

Courtesy of JBMP Group

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s), the owner of this website, nor Luxury Presence shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

©2022 BRIGHT MLS. All rights reserved.

Data last updated 6:42 AM UTC, 7/3/22

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