8515 Frankford Avenue

Philadelphia, PA 19136

$287,000
Last Sold Price
Beds
3,252 Sq. Ft.
$88 / Sq. Ft.
3,252
Sq. Ft.
$88
per Sq. Ft.

Description

Great investment opportunity! 8515 Frankford Avenue is large 3,505 square foot CMX-2 zoned parcel conveniently located on a busy commercial corridor. The mixed use building is currently configured as a two story office space and three residential units. Two of the residential units are 1 bed / 1 bath (could easily be converted to 2 bedrooms) and the third unit is 2 beds / 1 bath. The last permited use of the property is an office space with 2 resdiential units. However, a new owner should be able...Great investment opportunity! 8515 Frankford Avenue is large 3,505 square foot CMX-2 zoned parcel conveniently located on a busy commercial corridor. The mixed use building is currently configured as a two story office space and three residential units. Two of the residential units are 1 bed / 1 bath (could easily be converted to 2 bedrooms) and the third unit is 2 beds / 1 bath. The last permited use of the property is an office space with 2 resdiential units. However, a new owner should be able to secure permits for additional resideintal units by right. Property is being sold as is. Buyer is responsible for confirming exisiting zoning and other permits. Seller makes no warranties of existing zonining or other permits.

Property Details for 8515 Frankford Avenue

Tax ID Number
871264300
Ownership
Fee Simple
Structure Type
Interior Row/Townhouse
Style
Traditional
Waterfront
No
Garage
No
Expected On Market Date
06-20-2022
Subdivision
HOLMESBURG

Location

Add your commute
LISTING UPDATED: 03/01/2023 12:02 PM

Property Details for 8515 Frankford Avenue

StatusClosed
MLS #PAPH2127770
Days on Market177
Taxes$3,223 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1965
Lot Size0.08 AC / 3,510 SF
CountyPhiladelphia County

Location

Add your commute

Building Information for 8515 Frankford Avenue

Stories-Residences3Year Built1965Building Size-Lot Size0.08 AC / 3,510 SF

Payment Calculator

$1,835 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,566

Property Taxes

$269

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 8515 Frankford Avenue

Location
Location
  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District County ID: 300200397108
  • SchoolDistrictSource: Listing Agent
  • County: PHILADELPHIA
  • MLS Area: 19136 (19136)
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: 2022
  • Tax Assessed Value: $230,300
  • Year Assessed: 2022
  • County Tax: $0
  • Improvement Assessed Value: $184,240
  • City Town Tax: $1,454
  • Land Assessed Value: $46,060
  • Clean Green Assessed: No
  • Land Use Code: Y56
  • Zoning: CMX2
  • Tax Lot: 25
  • School Tax: $1,768
  • Automatically Update Tax Values Y/N: No
Lease Information
Lease Information
  • Concessions: No
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 2
  • Two Bedroom Units Count: 0
  • Three Bedroom Units Count: 0
Building Info
Building Info
  • Building Units Total: 3
  • Total Finished SQFT: 3,252.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Estimated
  • Lot Size Dimensions: 30.00 x 117.00
  • Lot Dimensions Source: Estimated
  • Parcel ID: 1365222
Parking
Parking
  • Type Of Parking: On Street
Interior Features
Interior Features
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Central A/C, Window Unit(s)
  • Cooling Fuel: Electric
  • Heating Type: Central
  • Heating Fuel: Natural Gas, Electric
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Greater Philadelphia Association of REALTORS

Property History for 8515 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 8515 Frankford Avenue

Taxable ValueLand$59,300Additions$237,200Total$296,500
Tax Record2023$4,150 ($346 / month)
Home Facts
Total Finished SqFt3,252 SqFtAbove Grade Finished SqFt3,252 SqFtStories3Lot Size3,510 SqFtStyleOffice BuildingYear Built1965ZoningCMX2CountyPHILADELPHIAAPN87-1-2643-00

Schools near 8515 Frankford Avenue

This home is within Philadelphia City School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 5 to 8
Public - PK to 12
Public - 9 to 12
Rating
School
Distance
Brown Joseph H School
PublicK to 6

Middle Years Alternative School
Public5 to 8

Lincoln High School
PublicPK to 12

Motivation 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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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. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

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.