2221 Frankford Avenue
2221 Frankford Avenue
$615,000
1,312 / 0.03
Closed 1/11/23
Description
Shovel-ready multifamily development opportunity in Fishtown on Frankford Avenue - located at the epicenter of Philadelphia's most popular neighborhood. This is Philly's new "high street" lined with authentic and original merchants, businesses and residents alike. Plans are optimally designed and fully-approved for a 4,667 SF 4-storey building with three (3) luxury residences atop a ground floor commercial studio. The residential apartments have been engineered to sell as for-sale condos but can...Shovel-ready multifamily development opportunity in Fishtown on Frankford Avenue - located at the epicenter of Philadelphia's most popular neighborhood. This is Philly's new "high street" lined with authentic and original merchants, businesses and residents alike. Plans are optimally designed and fully-approved for a 4,667 SF 4-storey building with three (3) luxury residences atop a ground floor commercial studio. The residential apartments have been engineered to sell as for-sale condos but can also be held as cash-flowing rentals that will achieve top-of-market rents. Each residence is bi-level (upper units are tri-level) with roughly 1300 SF open concept flooplans. The lower unit has a home office/flex space plus private garden. The upper units have private skyline rooftop terraces and balconies. The Location is home to Philly's best restaurants and shops and The Property is ideally designed to derive maximum value whether it's built to sell or held for investment purposes. The full 10 year tax abatement has been secured. Enquire within for permits, plans and due diligence materials.
Listing Agent
Property Details for 2221 Frankford Avenue
Tax ID Number
311163500
OwnershipFee Simple
HOANo
WaterfrontNo
ViewsCity
GarageNo
Expected On Market Date07-12-2022
SubdivisionFISHTOWN
Location
LISTING UPDATED: 01/13/2023 09:25 AM
Property Details for 2221 Frankford Avenue
Status | Closed |
---|---|
MLS # | PAPH2133396 |
Days on Market | 139 |
Taxes | $5,362 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Land |
MLS Type | Land / Fee Simple |
Year Built | 2017 |
Lot Size | 0.03 AC |
County | Philadelphia County |
Building
Location
Building Information for 2221 Frankford Avenue
Lot Size0.03 AC
Payment Calculator
$3,803 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 2221 Frankford Avenue
Property History for 2221 Frankford Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2221 Frankford Avenue
Taxable ValueLand$76,620Additions$306,480Total$383,100
Tax Record2023$5,363 ($447 / month)
Home Facts
Beds0Total Finished SqFt2,259 SqFtAbove Grade Finished SqFt2,259 SqFtStories3Lot Size1,312 SqFtStyleCondominiumYear Built1875ZoningCMX2CountyPHILADELPHIAAPN31-1-1635-00
Schools near 2221 Frankford Avenue
This home is within Philadelphia City School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 12 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Hackett Horatio B School PublicPK to 5 | ||
Penn Treaty Middle School Public6 to 12 | ||
Amy At Martin Public6 to 8 | ||
The U School: Innovative Lab 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.
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