1764 Frankford Avenue

Philadelphia, PA 19125

$832,000
Last Sold Price
2
Beds
4
Baths
3,750 Sq. Ft.
$222 / Sq. Ft.
3,750
Sq. Ft.
$222
per Sq. Ft.

Description

Attention Fishtown Investors! This 4 unit boutique building in Fishtown on Frankford Ave with an approved 10 year tax abatement is not to be missed! This is your chance to own a great piece of real estate just 1/2 block from the Berks Subway Station! This stunning building was completely renovated from top to bottom this year and is just about finished. This commercial mixed use property is located on the booming commercial corridor of Fishtown, one of America's best neighborhoods. Walk out the front...Attention Fishtown Investors! This 4 unit boutique building in Fishtown on Frankford Ave with an approved 10 year tax abatement is not to be missed! This is your chance to own a great piece of real estate just 1/2 block from the Berks Subway Station! This stunning building was completely renovated from top to bottom this year and is just about finished. This commercial mixed use property is located on the booming commercial corridor of Fishtown, one of America's best neighborhoods. Walk out the front door and there are endless restaurants, bars, and shops to choose from. Septa public transit within 2 minutes. The building features 3 tastefully designed micro apartments and a large bi-level commercial space with 10 ft ceilings, yard, and brand new sleek storefront. 2 studio apartments, 1 two bedroom, and a large commercial space. Separate entrances, separate utilities, individual water heaters and washer and dryers in every unit, and ductless mini splits. Everything is brand new from the windows, the roof, doors, siding, electric service and meter bank, plumbing you name it , it is new! Video intercom systems in every apartment. Proeprty can be sold vacant or leased up.

Property Details for 1764 Frankford Avenue

Tax ID Number
183047600
Ownership
Fee Simple
HOA
No
Structure Type
Interior Row/Townhouse
Style
Other
Waterfront
No
Garage
No
Municipality
PHILADELPHIA

Location

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LISTING UPDATED: 08/22/2022 03:04 AM

Property Details for 1764 Frankford Avenue

StatusClosed
MLS #PAPH930356
Days on Market46
Taxes$4,443 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1915
Lot Size0.05 AC / 2,160 SF
CountyPhiladelphia County

Location

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Virtual Tour

Building Information for 1764 Frankford Avenue

Stories-Residences4Year Built1915Building Size-Lot Size0.05 AC / 2,160 SF

Payment Calculator

$4,911 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,541

Property Taxes

$370

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1764 Frankford Avenue

Location
Location
  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District County ID: 300200397108
  • SchoolDistrictSource: Listing Agent
  • County: PHILADELPHIA
  • MLS Area: 19125 (19125)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2020
  • Tax Assessed Value: $317,400
  • Year Assessed: 2020
  • Improvement Assessed Value: $225,732
  • City Town Tax: $2,005
  • Land Assessed Value: $91,668
  • Clean Green Assessed: No
  • Land Use Code: O50
  • Historic: No
  • Zoning: CMX2
  • Tax Lot: 41
  • School Tax: $2,438
  • Automatically Update Tax Values Y/N: Yes
  • TaxDataUpdatedYN: No
Lease Information
Lease Information
  • Owner Pays: Common Area Maintenance, Taxes - Real Estate, Electricity
  • Concessions: No
Unit Information
Unit Information
  • Single Room Units Count: 2
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 1
  • Three Bedroom Units Count: 0
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3
  • Units Furnished: None
  • Units Leased Count: 4
  • Vacancy Allowance Rate: 3.00%
  • Rent Control: No
Multi Family
Unit 1
  • Type: Unit 1
  • Unit Type Occupied YN: No
  • Beds Total: 0
  • Full Baths Count: 1
  • Unit Type Features: washer and dryer, central air
Unit 2
  • Type: Unit 4
  • Unit Type Occupied YN: No
  • Unit Type Finished SQFT: 1350
  • Unit Type Lease Type: Triple Net
  • Beds Total: 0
  • Full Baths Count: 1
  • Unit Type Features: Commercial Space
Unit 3
  • Type: Unit 2
  • Unit Type Occupied YN: No
  • Beds Total: 0
  • Full Baths Count: 1
  • Unit Type Features: washer and dryer, central air
Unit 4
  • Type: Unit 3
  • Beds Total: 2
  • Full Baths Count: 1
  • Unit Type Features: washer and dryer, central air
Financial Information
Expenses
  • Operating Expense Includes: Trash, Snow Removal, Insurance
  • Insurance Expense: $1,500
  • Trash Expense: $180
  • Maintenance Expense: $1,000
  • Other Expense: $500
Financial Information
  • Annual Rental Income: $70,200
  • Cap Rate: 6.50
Building Info
Building Info
  • Year Major Reno Remodel: 2020
  • Building Units Total: 4
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 18.00 x 60
  • Lot Dimensions Source: Estimated
  • Parcel ID: 985436
Parking
Parking
  • Type Of Parking: On Street
Interior Features
Interior Features
  • Fireplaces Count: 0
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Ductless/Mini-Split
  • Cooling Fuel: Electric
  • Heating Type: Central, Energy Star Heating System
  • Heating Fuel: Electric
  • Hot Water: Electric
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Greater Philadelphia Association of REALTORS
  • List Agent URL: www.ilovephillyhomes.com

Property History for 1764 Frankford Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1764 Frankford Avenue

Taxable ValueLand$87,660Additions$350,640Total$438,300
Tax Record2023$6,135 ($511 / month)
Home Facts
Beds0Total Finished SqFt2,341 SqFtAbove Grade Finished SqFt2,341 SqFtStories3Lot Size2,160 SqFtStyleCondominiumYear Built1915ZoningCMX2CountyPHILADELPHIAAPN18-3-0476-00

Schools near 1764 Frankford Avenue

This home is within Philadelphia City School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 6 to 12
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Adaire Alexander School
PublicK to 8

Penn Treaty Middle School
Public6 to 12

Amy At Martin
Public6 to 8

Bodine William W High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.