2221 Frankford Avenue

Philadelphia, PA 19125

$599,999
Price
Beds
2,259 Sq. Ft.
$266 / Sq. Ft.
2,259
Sq. Ft.
$266
per Sq. Ft.

Property Details for 2221 Frankford Avenue

StatusActive
MLS #PAPH843272
Year Built-
DOM56
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Lot Size0.03 AC / 1,312 SF
Taxes$3,603 / year
Condo/Co-op Fees-
HOA Fees-
CountyPhiladelphia County

Listing Agent

Contact Agent(s)

Property Details for 2221 Frankford Avenue

Subdivision
FISHTOWN
Municipality
PHILADELPHIA
Ownership
Fee Simple
Style
Straight Thru
Structure Type
Row/Townhouse
Basement
Yes
County Name
PHILADELPHIA PA

Description

2221 Frankford Avenue in Fishtown is a value add real estate investment located in one of (if not) the most desirable submarkets of Philadelphia, Pennsylvania. Huge investment upside: both units are leased significantly under market. Raise unit 1 rent by 200 per month and raise unit 2 rent by 400 per month and increase gross annual income to 40,800. Also a great opportunity for owner occupied investment. Live in one unit, rent the other. Unit 1 is generous full floor 1bd x 1.5ba plus basement storage... and rear patio. Unit 2 is 2nd and 3rd floor 4bd x 1ba bilevel apartment. Total current income is 2800 per month. Site can accommodate up to 3 residential units over retail as a future redevelopment. Prime location within walking distance of all Fishtown amenities. Beer garden, yoga studio, restaurants, cafe, brewpub all on the block! Walk 5 minutes to Septa Berks station and be in downtown Philly in 20 minutes. 48hr notice to show, tenant occupied. This is your chance to own property on the hippest street in the coolest area in all of Philadelphia...Make your move! Being sold as is.

Location

Listing Agent

  1. Ryan McManus

    Listing Agent

    Compass

Building Information for 2221 Frankford Avenue

Stories-Residences2Year Built-Building Size-Lot Size0.03 AC / 1,312 SF

Payment Calculator

$2,458 per month

30 year fixed, 3.51% Interest

Principal and Interest

$2,158

Property Taxes

$300

HOA Dues

$0

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Property Information for 2221 Frankford Avenue

Rental Info
    Rental Info
  • Existing Lease Type: Month to Month
  • Ground Rent Exists: No
Interior / Building / Parking / Property Information
    Interior Details
  • Tax Total Finished SQFT: 2259
  • Above Grade Fin SQFT: 2259
  • Above Grade Finished Area Units: Square Feet
  • Total Finished SQFT: 2259
    Interior Features
  • Fireplaces Count: 0
  • Central Air: No
  • Cooling Type: Wall Unit
  • Heating: Yes
  • Heating Type: Wall Unit
    Parking Information
  • Garage: No
  • Type Of Parking: On Street
    Pool / Spa Information
  • Pool: No Pool
    Location Information
  • Cross Street: SUSQUEHANNA
  • Directions: ON FRANKFORD AVE BETWEEN SUSQUEHANNA AND DAUPHIN
  • Historic: No
  • MLS Area: 19125 (19125)
  • Sub System Locale: BRIGHT_MAIN
  • System Locale: BRIGHT
  • Tidal Water: No
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Waterfront: No
    School Information
  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District County ID: 300200397108
    Building Information
  • Accessibility Features: None
  • Building Units Total: 2
  • Construction Materials: Masonry
  • New Construction: No
  • Other Structures: Above Grade
    Green Information
  • Clean Green Assessed: No
    Association Information
  • HOA: No
    Unit Information
  • Other Units: Unit 1,Unit 2
  • Number Of Units Month To Month: 2
  • Number Of Units Vacant: 0
  • One Bedroom Units Count: 0
  • Single Room Units Count: 0
  • Three Bedroom Units Count: 0
  • Two Bedroom Units Count: 0
  • Units Leased Count: 2
    Income / Expense Information
  • Annual Rental Income: $33,600
    Property Information
  • Property Type: Multi-Family
  • Land Use Code: O50
  • Lot Size Dimensions: 16.71 x 78.51
  • Lot Size Source: Estimated
  • Lot Size Units: Square Feet
  • Lot SQFT: 1312
  • Lot Size Acres: .03
  • Navigable Water: No
  • Zoning: CMX2
  • Age: 0.0
    Utilities Information
  • Cooling Fuel: Natural Gas
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Sewer Septic: Public Sewer
  • Water Source: Public
Room Information
    Basement
  • Basement Type: Unfinished
  • Below Grade Unfin Area Units: Square Feet
  • Below Grade Unfin SQFT: 650
  • Below Grade Unfin SQFT Source: Estimated
Tax / Assessment / Sale Information
    Tax / Assessment Information
  • City Town Tax: $1,626
  • County Tax: $0
  • School Tax: $1,977
  • Tax Annual Amount: $3,603
  • Tax Lot: 123
  • Tax Year: 2019
  • Tax ID Number: 311163500
  • Year Assessed: 2019
  • Improvement Assessed Value: $185,328
  • Land Assessed Value: $72,072
  • Tax Assessed Value: $257,400
    Sale Information
  • Acceptable Financing: Cash
  • Home Warranty: No
  • Possession: Immediate
  • Prospects Excluded: No
  • Sale Type: Standard
  • Vacation Rental: No

Property History for 2221 Frankford Avenue

DateEvent & SourcePriceAppreciation
Dec 1, 2019Price Change

BRIGHT #PAPH843272

$599,999
Oct 17, 2019Listed (Active)

BRIGHT #PAPH843272

$699,999
Sep 7, 2019Expired

BRIGHT #1001983638

$1,111,111
DateEvent & SourcePrice
12/01/2019
Price Change

BRIGHT #PAPH843272

$599,999
10/17/2019
Listed (Active)

BRIGHT #PAPH843272

$699,999
09/07/2019
Expired

BRIGHT #1001983638

$1,111,111

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$72,072Additions$185,328Total$257,400
Tax Record2019$3,603
Home Facts
Finished Sq.Ft.2,259 SqFtStories3Lot Size1,312 SqFtStyleCondominiumYear Built1875ZoningCMX2CountyPHILADELPHIAAPN311163500

Schools near 2221 Frankford Avenue

AllElementaryMiddleHigh
SchoolTypeGradesDistanceRating
Bethel Baptist AcademyPrivateK-120.1 mi
NR
Hackett Horatio B SchoolPublicPK-50.1 mi
3
St Laurentius SchoolPrivatePK-80.2 mi
NR
Penn Treaty Middle SchoolPublic6-120.5 mi
1

Bethel Baptist Academy

K-12, 0.1 mi, Private

NR

Hackett Horatio B School

PK-5, 0.1 mi, Public

3

St Laurentius School

PK-8, 0.2 mi, Private

NR

Penn Treaty Middle School

6-12, 0.5 mi, Public

1

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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2221 Frankford Avenue is a multi-family home for sale in Philadelphia, PA 19125. This property was listed for sale on October 17, 2019 by Compass at $599,999. It has been on the market for a total of 55 days and was last sold on July 14, 2017. Nearby schools include The Workshop School, Bethel Baptist Academy and Roosevelt Theodore Middle School. 2221 Frankford Avenue is a 0-bed, 0-bath, 2,259 sqft multi-family home.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. No financial or legal advice provided. Equal Housing Opportunity.
The data relating to real estate for sale on this Virtual Office Website is provided in part, by BRIGHT through a licensing agreement. This website may reference real estate listing(s) held by a brokerage firm other than Compass. The information provided by this website is for the personal, non-commercial use of consumers with whom Compass has first established a broker-consumer relationship (as defined by applicable state law) and may not be used for any purpose other than to identify prospective properties such persons may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be verified through personal inspection by and/or with appropriate professionals. The data contained herein is copyrighted by BRIGHT and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. © 2019 BRIGHT MLS, All Rights Reserved. All rights reserved.