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3112 Frankford Avenue

PHILADELPHIA, PA 19134
  • $499,777
  • STATUS: Active
  • ON SITE: 29 Days
  • ID#: PAPH2177430
UPDATED: 60 min ago
$499,777
  • 0
    BEDS
  • 0.04
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1910
County:

School Ratings & Info

Description

Amazing opportunity!!! Add this gem to your portfolio and you will see a 10% Cap Rate. 3112 Frankford Ave consists of 5 legal units and 2,850 sq/ft with newer upgrades throughout +GG even the fire alarm was just upgraded, everything is BRAND NEW with certification received September 2022! Utilities are separate for each unit amongst the building. Tenant is paying electric and cooking gas, owner handles water and heat. Heater is only 5 years old. All units lead safe tested in 2021. Month by month rent: 1F $835, 2F $695, 3F $830, 2R and 1R $800, total $3960 monthly, annual $47520. Up to date rent should be: 1F $940, 1R $800, 2F $830, 2R $800, 3F $900, total $4270 monthly, annual $51,240. Schedule your showing today!!! This property will not last.

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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 ExecuHome Realty. 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: 2022-12-09T19:52:17.457.
www.execuhome.com/homes/134648119
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3112 Frankford Avenue PHILADELPHIA, PA 19134

  • Price: $499,777
  • Status: Active
  • On Site: 29 Days
  • Updated: 60 min ago
  • ID#: PAPH2177430
0
Beds
0
Baths
0
½ Baths
0.04
Acres
1910
Built
Neighborhood:
Frankford
County:
Philadelphia
Area:
19134 (19134)
School District:
The School District Of Philadelphia
Property Description
Amazing opportunity!!! Add this gem to your portfolio and you will see a 10% Cap Rate. 3112 Frankford Ave consists of 5 legal units and 2,850 sq/ft with newer upgrades throughout +GG even the fire alarm was just upgraded, everything is BRAND NEW with certification received September 2022! Utilities are separate for each unit amongst the building. Tenant is paying electric and cooking gas, owner handles water and heat. Heater is only 5 years old. All units lead safe tested in 2021. Month by month rent: 1F $835, 2F $695, 3F $830, 2R and 1R $800, total $3960 monthly, annual $47520. Up to date rent should be: 1F $940, 1R $800, 2F $830, 2R $800, 3F $900, total $4270 monthly, annual $51,240. Schedule your showing today!!! This property will not last.
Exterior Features

Construction Materials Masonry Garage YN No Parking Types On Street Riparian Rights YN No Roof Flat Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 0.00 Cooling Wall Unit Flooring Tile/BrickLaminated Heating Hot WaterRadiator Heating YN Yes Net Square Feet 2730.00

Property Features

Accessibility Features None Assessment Year 2023 Business Type Apartment Building Central Air YN No Cooling Fuel None Cross Street Clementine St Electric 100 Amp ServiceCircuit Breakers Heating Fuel Natural GasElectric Hot Water Electric Municipality Philadelphia Navigable Water YN N New Construction YN No Number Of Units Total 5 Original MLSNumber 801999744832 Ownership Interest Fee Simple Possession Immediate Property Sub Type Five Or More Units Sale Type Standard Sewer Public Sewer Tax Annual Amount 4827.00 Tax Assessment Amount 344900.00 Tax Lot 16 Vacation Rental YN No Water Source Public Zoning Rm1

Listing courtesy of Coldwell Banker Realty: .


©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 ExecuHome Realty. 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: 2022-12-09T19:52:17.457.
 
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