2415 Frankford Avenue
2415 Frankford Avenue
Closed 6/3/22
Closed 6/3/22
Description
Out of the three units, two are residential...Fishtown Triplex. Owner’s dream or investor’s delight with this cash flowing, coveted and rare street-to-street Frankford Avenue CMX2 mixed-use boutique apartment building. This location on Frankford Ave at the new Fishtown roundabout is perfect. Most dynamic food and nightlife in the city and engulfed in a sea of new construction. This property has a walk score of 95 and also unbeatable access to both I-95 and the Market Frankford Line Berks Street station.
Out of the three units, two are residential so let’s start with the 1,400 square foot, bi-level, 2 bedroom, 1 bathroom owner’s deluxe apartment home with a brand new two-stage, 96% high efficiency HVAC system with Ecobee smart thermostat, freshly refinished original hardwood floors, and newly remodeled bathroom and kitchen. Apartment has a brand new in-unit washer/dryer and has been owner-occupied since 2019. The market rent for this unit is estimated between $1,700-$1,800 and the unit can be delivered vacant if requested. Next up we have the updated 700 square foot 1 bedroom, 1 bathroom apartment with outdoor courtyard and in-unit laundry. This apartment has its own private entrance off the cobblestone blocks of Trenton Avenue. Brand new heater and hot water heater installed in January 2022. Currently rented for below market value at $1,250. Occupied until 5/30/22 with a pending application for a new lease at $1,325 with a 6/1/22 start date. The last of the three units is the ground floor Frankford-Avenue-facing commercial storefront. This space has a half bathroom, basement storage, and has been occupied by the current tenant since 2015. The storefront is leased until February 2025 with built-in rent increases each year. ***Note, there is a buyout option included in the lease if the new owner wants to occupy the commercial space or lease it out to a new tenant. Inquire more about commercial lease details. Building has always been fully occupied with great tenants. This property is eligible for FHA financing if owner-occupied.
Across the street from Philly Brewing, Martha, Zig Zag, Pizza Brain, and around the corner from Frannie Lou’s Porch, the iconic Thunderbird Salvage Thrift Store, and the delicious Circles and Squares Pizza. Walkable to Penn Treaty Park and Graffiti Pier; the latest Delaware River public space to be revamped by DRWC. Co-listing agent Jonathan Dean has part equitable interest
Listing Agents
![Matt Aragona]()
matt.aragona@compass.comP: 610.745.3211
![Jonathan Dean]()
jonathan.dean@compass.comP: 215.206.8560
Property Details for 2415 Frankford Avenue
Location
Sold By Compass Pennsylvania, LLC
Property Details for 2415 Frankford Avenue
| Status | Closed |
|---|---|
| MLS # | PAPH2101816 |
| Days on Market | 51 |
| Taxes | $4,374 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi-Family / Fee Simple |
| Year Built | 1911 |
| Lot Size | 0.03 AC / 1,330 SF |
| County | Philadelphia County |
Location
Sold By Compass Pennsylvania, LLC
Building Information for 2415 Frankford Avenue
Payment Calculator
$3,503 per month
30 year fixed, 7.25% Interest
$3,138
$365
$0
Property Information for 2415 Frankford Avenue
- School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
- School District County ID: 300200397108
- SchoolDistrictSource: Listing Agent
- County: PHILADELPHIA
- MLS Area: 19125 (19125)
- Water View: No
- Water Access: No
- Water Oriented: No
- Navigable Water: No
- Tidal Water: No
- Riparian Rights Y/N: No
- Tax Year: 2022
- Tax Assessed Value: $312,500
- Year Assessed: 2022
- County Tax: $0
- Improvement Assessed Value: $230,938
- City Town Tax: $1,974
- Land Assessed Value: $81,562
- Clean Green Assessed: No
- Municipal Trash: Yes
- Land Use Code: U50
- Zoning: CMX2
- Zoning Dscrp: Coveted neighborhood serving mixed-use property located on bustling commercial corridor.
- Tax Lot: 126
- School Tax: $2,400
- Automatically Update Tax Values Y/N: Yes
- Concessions: No
- Single Room Units Count: 0
- One Bedroom Units Count: 1
- Two Bedroom Units Count: 1
- Three Bedroom Units Count: 0
- Other Units: Unit 3
- Units Leased Count: 3
- Type: Unit 3
- Trash Expense: $500
- Annual Rental Income: $44,700
- Green Energy Efficient: Appliances, Lighting
- Building Level Count: 3
- Building Units Total: 3
- Total Finished SQFT: 3,532.00
- Total Finished SQFT Source: Estimated
- Tax Total Finished SQFT: 2,532.00
- Total SQFT: 3,532.00
- Total SQFT Source: Estimated
- Construction Materials: Masonry
- Flooring Type: Hardwood
- Lot Size Source: Estimated
- Lot Size Dimensions: Irregular street to street lot size
- Lot Dimensions Source: Estimated
- Parcel ID: 1066408
- Type Of Parking: On Street
- Fireplaces Count: 0
- Appliances: Washer, Dryer, Built-In Microwave, Disposal, Dishwasher, Energy Efficient Appliances, Oven/Range - Gas, Water Heater
- Accessibility Features: None
- Security Features: Security Gate
- Door Features: Double Entry
- Outdoor Living Structures: Patio(s)
- Pool: No Pool
- Other Structures: Above Grade, Below Grade
- Heating: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
- Hot Water: Electric
- Water Source: Public
- Sewer Septic: Public Sewer
- List Agent AOR: Greater Philadelphia Association of REALTORS
- List Agent URL: https://www.aragonaassociates.com/
Property History for 2415 Frankford Avenue
| Date | Event & Source | Price | Appreciation |
|---|
| 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 2415 Frankford Avenue
Schools near 2415 Frankford Avenue
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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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.