1538-40 Frankford Avenue

    PHILADELPHIA, PA 19125
    • $1,400,000
    • STATUS: Active
    • ON SITE: 61 days
    • ID#: PAPH786176
    $1,400,000
    • 8
      BEDS
    • 0.08
      ACRES
    • 2
      BATHS
    • 2
      1/2 BATHS
    • 3,345
      SQFT
    • $419
      $/SQFT
    Neighborhood:
    Type:
    Villa/Townhouse
    Built:
    1920
    County:

    School Ratings & Info

    Description

    Rarely does an opportunity like this come along- 4 properties in a row right on Frankford Avenue in the heart of Fishtown. Great investment opportunity. These properties offer endless possibilities. Just take a look around...there is new construction all along the block. Fabulous restaurants and eateries, shopping, salons, etc. Check out what new construction condos are selling for on Frankford Ave. Huge potential for profit. And did I mention, these particular properties are currently zoned CMX-2 (Commercial Mixed Use). Two separate listings: 1538-40 Frankford Ave; MLS: PAPH786176 and 1542-44 Frankford Ave; MLS: PAPH786512.--> check out both! Let's talk about 1538-40: Three story single family home at 1538. Garage with a bathroom and above the garage are 4 rooms and a bathroom at 1540. Both lots have a large yard- see photos. Lot size is approximately 3,372 sqft. Current building sqft is 3372 with the potential to build out much more. As for 1542-44: Three story multi-unit property at 1542 which currently has 6 units! Garage with large storage area above at 1544. Both lots have a large yard- see photos. Lot size is approximately 2,504 sqft. Current building sqft is 4,245 with potential to build out much more. *All information must be verified by Buyer. Price for all four properties is $2,750,000 total.

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    ©2019 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. 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: 2019-06-16T23:54:33.653.
    www.execuhome.com/homes/93759620

    1538-40 Frankford Avenue PHILADELPHIA, PA 19125

    • Price: $1,400,000
    • Status: Active
    • ID#: PAPH786176
    8
    Beds
    2
    Baths
    2
    ½ Baths
    0.08
    Acres
    3,345
    SQFT
    $419
    $/SQFT
    1920
    Built
    Neighborhood:
    Fishtown
    County:
    Philadelphia
    Area:
    19125 (19125)
    School District:
    The School District Of Philadelphia
    Property Description
    Rarely does an opportunity like this come along- 4 properties in a row right on Frankford Avenue in the heart of Fishtown. Great investment opportunity. These properties offer endless possibilities. Just take a look around...there is new construction all along the block. Fabulous restaurants and eateries, shopping, salons, etc. Check out what new construction condos are selling for on Frankford Ave. Huge potential for profit. And did I mention, these particular properties are currently zoned CMX-2 (Commercial Mixed Use). Two separate listings: 1538-40 Frankford Ave; MLS: PAPH786176 and 1542-44 Frankford Ave; MLS: PAPH786512.--> check out both! Let's talk about 1538-40: Three story single family home at 1538. Garage with a bathroom and above the garage are 4 rooms and a bathroom at 1540. Both lots have a large yard- see photos. Lot size is approximately 3,372 sqft. Current building sqft is 3372 with the potential to build out much more. As for 1542-44: Three story multi-unit property at 1542 which currently has 6 units! Garage with large storage area above at 1544. Both lots have a large yard- see photos. Lot size is approximately 2,504 sqft. Current building sqft is 4,245 with potential to build out much more. *All information must be verified by Buyer. Price for all four properties is $2,750,000 total.
    Exterior Features

    Architectural Style Airlite Construction Materials Masonry Direction Faces East Garage Spaces 1.00 Garage Type Additional Storage Area Garage YN Yes Other Structures Above GradeBelow Grade Parking Types On StreetAttached Garage Pool No Pool Property Condition As-Is ConditionFixerNeeds WorkRehabilitation Potential Riparian Rights YN No Roof Rubber Water Access YN No Water Oriented YN No Waterfront YN No

    Interior Features

    Above Grade Fin SQFT 3345 Basement Other Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 0 Building Area Total 3345.00 Cooling Wall Unit Fireplace YN No Fireplaces Total 0 Flooring Ceramic TilePartially CarpetedLaminated Heating Radiant Heating YN Yes Inclusions Seller May Or May Not Remove Contents Of Properties Levels 3+ Main Level Bedrooms 8

    Property Features

    Acceptable Financing CashConventionalNegotiable Accessibility Features None Assessment Year 2019 Association YN No Central Air YN No Condo YN No Cooling Fuel Electric Cross Street Oxford Heating Fuel ElectricNatural Gas Historic YN No Hot Water Natural Gas Navigable Water YN N New Construction YN No Original MLSNumber 301637885396 Ownership Interest Fee Simple Possession Negotiable Sale Type Standard Senior Community YN No Sewer Public Sewer Structure Design Type Row/Townhouse Tax Annual Amount 6246.0 Tax Assessment Amount 446200.0 Tax Lot 33 Vacation Rental YN No Water Source Public Zoning Cmx2 Zoning Description Commercial Mixed Use - 2

    Listing courtesy of Sauler Phan Real Estate Llc.
    ©2019 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. 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: 2019-06-16T23:54:33.653.
     
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