• 2554-56 Frankford Avenue PHILADELPHIA, PA 19125

  • $2,100,000
  • 0
    Bed(s)
  • 0
    Baths
  • 0
    Sq Ft
  • 1147
    Sqft

Discover a prime investment opportunity in the heart of East Kensington, where these two meticulously designed triplexes at 2554-56 Frankford Ave redefine urban living. With luxurious spaces and a secure future backed by 10-Year Tax Abatements through 2033, these residences promise both immediate returns and enduring growth. Nestled amidst the East Kensington renaissance, these triplexes stand at the epicenter of a thriving community. The area is undergoing transformative projects, ensuring continuous appreciation for your investment. Each building comprises two generous two-bedroom, one-bathroom units and one expansive three-bedroom, three-bathroom bi-level unit, offering ample living space tailored for modern lifestyles. Adorned with top-notch features, including modern tile, flooring, and cabinet finishes, complemented by energy-efficient LED lighting, these triplexes offer both functionality and elegance. Unit One boasts a private backyard, offering a tranquil oasis in the midst of the city. Unit Three features a private roof deck access, providing breathtaking views of the cityscape and the iconic Philadelphia skyline. Enjoy seamless access to Center City and beyond, thanks to the proximity to the Market-Frankford Line. Additionally, you'll find yourself steps away from the vibrant culinary scene, with flourishing restaurants, bars, and coffee shops lining Frankford Avenue. These income-producing properties are not just residences; they are assets that promise both immediate returns and long-term growth. Don't miss this chance to enhance your investment portfolio with properties that align with Philadelphia's promising future. The opportunity to own these triplexes won't last long. Schedule an appointment today to experience the charm and potential of these East Kensington gems.

Property Type :

Multi-Family

County :

PHILADELPHIA

Style :

Multi-Family

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Property Details

 

Water/Sewer

Water Source : Public

Interior Features

Exterior Property Features : Street Lights

Basement Description: Other

Heating & Cooling

Cooling: Energy Star Cooling System,Heat Pump(s)

Heating: Heat Pump - Electric BackUp

Cooling Fuel: Electric

Heating Fuel: Electric

Building Information

Exterior Features: Street Lights

Year Built: 2023

Structure: Interior Row/Townhouse

New Construction: No

Total Units: 4

Built: 2023

Construction Material: Brick Front,Frame,Metal Siding,Vinyl Siding

Foundation/Basement: Other

Architecture: Other

Pool/Private: No Pool

Pool Information

Pool: No Pool

Utility Features

Sewer: Other

Water

Water Heat: None

Lot Information

Lot Size: 1,147

Dimensions: 20.00 x 71.00

Lot Size (Acres): 0.03

Architectural Style: Other

Main Square Feet: 1,147

Property Information

SQ ft: 0

SQ ft (Living Area): 0

Total Lot SQ ft: 1,147

Financing: Conventional

Appx. Lot Dimensions: 20.00 x 71.00

Total Acreage: 0.03

New Construction: No

Type: Other

Listing Information

Possession: Immediate

Days Of Market: 75

Tax Information

Annual Tax: $3,173

Tax Year: 2022

Total Taxes Payment Frequency: Annually

Possession

Immediate

Assessment Information

Taxes Assessment Amount: $226,700

Parking Information

Parking Type: On Street

Has Garage: N

Multi-Unit Information

Acceptable Financing: Conventional

Homeowners Association Information

Direction: From E Lehigh Ave, turn right to Frankford Ave

School Information

School District: THE SCHOOL DISTRICT OF PHILADELPHIA

Utility Information

Water Source: Public

Sewer: Other

Cooling Fuel: Electric

Heating Fuel: Electric

Hot Water: None

Location Information

Direction: From E Lehigh Ave, turn right to Frankford Ave

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1810 Frankford Avenue , Philadelphia, PA,19125 $709,000 -- -- 2,520 1260 Sqft
2501 Potter Street , Philadelphia, PA,19125 $65,900 -- -- 678 678 Sqft
135 E Cumberland Street , Philadelphia, PA,19125 $65,900 -- -- 667 667 Sqft
2129 E Susquehanna Aven.., Philadelphia, PA,19125 $205,000 -- -- 975 975 Sqft
2647 Emerald Street , Philadelphia, PA,19125 $79,900 -- -- 693 693 Sqft
1740 S Orianna Street , Philadelphia, PA,19125 $160,000 -- -- 647 647 Sqft
1456 E Columbia Avenue , Philadelphia, PA,19125 $599,000 3 2.5 1,940 675 Sqft
1833 E Sergeant Street , Philadelphia, PA,19125 $105,000 -- -- 1,211 1211 Sqft
2641 Martha Street , Philadelphia, PA,19125 $150,000 -- -- 1,372 1372 Sqft
2325 E Susquehanna Aven.., Philadelphia, PA,19125 $381,200 3 1.0 1,135 1012 Sqft

Data provided by Bright MLS. Property information is for the users personal, non-commercial use. Information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties that appear on the website may no longer be for sale, and may be under contract or sold. ©2024 Bright MLS, All Rights Reserved. Information is reliable but not guaranteed.

ByOwner last updated this listing 04/30/2024 @ 02:11

MLS: PAPH2283906
LISTED BY: Daniel J. Demers , Sell Your Home Services
SOURCE: BRIGHT MLS
Buyer Agency Compensation: $25,000
Buyer Agency Description: Seller is offering additional commission - discuss directly with the seller.

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